Guideline Value for GLOBUS SAKTHI ENCLAVE

Globus Sakthi Enclave guideline value

The current guideline value of Globus Sakthi Enclave is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in Thandalam village, under the Sriperumpudur SRO, and is classified as Industries Type - I.

How the guideline value of Globus Sakthi Enclave has changed

According to the guideline value register, the figures for Globus Sakthi Enclave have remained consistent at Rs 800 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

From 2023 to 2024, there has been no change in the guideline value, with an increase of 0%. This stability indicates that the guideline value has not fluctuated over this period.

Guideline values in Thandalam

In Thandalam, there are 36 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Globus Sakthi Enclave is above this median.

• Gandhi Road: Rs 505 per sq.ft (2024)
• High School Street: Rs 400 per sq.ft (2024)
• Ettiyamman Koil Street: Rs 300 per sq.ft (2024)
• Ettiyamman Koil Cross Street: Rs 300 per sq.ft (2024)
• Eswaran Koil Street: Rs 505 per sq.ft (2024)
• Iyra Anandham: Rs 1,750 per sq.ft (2024)

Stamp duty and registration fee for property in Globus Sakthi Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Globus Sakthi Enclave?

The Sub Registrar Office that covers Globus Sakthi Enclave is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thandalam

The guideline value is a critical factor in property transactions in Thandalam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

It is essential for buyers and sellers to be aware of the guideline value, as it influences the overall cost of property transactions. Accurate knowledge of the guideline value helps in making informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Globus Sakthi Enclave?

The current guideline value of Globus Sakthi Enclave is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Globus Sakthi Enclave has remained unchanged at Rs 800 per sq.ft for the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Globus Sakthi Enclave?

Globus Sakthi Enclave is classified as Industries Type - I. This classification can affect the types of developments allowed in the area.

What are the stamp duty and registration fees for properties in Thandalam?

Stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 800 per sq.ft would incur total fees of Rs 72,000.

Where can I find the Sub Registrar Office for Globus Sakthi Enclave?

The Sub Registrar Office covering Globus Sakthi Enclave is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles all registrations for properties in the area.