Guideline Value for GRAND HOUSING

Grand Housing guideline value

The current guideline value of Grand Housing in Thazhampoor village, under the Thiruporur SRO, is Rs 2,500 per sq.ft, as per the 2023 revision. The land classification for this area is Mixed Special Type - II.

How the guideline value of Grand Housing has changed

According to the guideline value register, there have been several revisions for the Grand Housing area. The oldest revision recorded is from 2002, but the register has no figure for this street in that year. The same applies to the revisions from 2003, 2007, 2012, and 2017, where no figures are available for this street.

The most recent revision in 2023 set the guideline value at Rs 2,500 per sq.ft. There have been no changes between the revisions listed above.

Guideline values in Thazhampoor

Currently, there are no village figures available for Thazhampoor. Grand Housing is the only street mentioned under the Thiruporur SRO, and there are no other streets in Thazhampoor provided in the data.

Stamp duty and registration fee for property in Grand Housing

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, making the total charges Rs 2,25,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate the exact fees using our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Grand Housing?

The Grand Housing area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial element in property transactions in Thazhampoor, as it determines the minimum value at which a property can be registered. Buyers and sellers must be aware that the stamp duty and registration fees are calculated based on this guideline value or the sale price, whichever is higher.

When a property is sold, the guideline value helps in ensuring that the property is not sold below a certain threshold, thereby safeguarding the interests of both the buyer and the seller during the registration process.

Frequently asked questions

What is the current guideline value for Grand Housing?

The current guideline value for Grand Housing is Rs 2,500 per sq.ft, as per the 2023 revision.

What is the land classification for Grand Housing?

The land classification for Grand Housing is Mixed Special Type - II.

When was the last revision of the guideline value?

The last revision of the guideline value for Grand Housing was in 2023, which set the value at Rs 2,500 per sq.ft.

Are there any other streets in Thazhampoor?

There are no other streets in Thazhampoor mentioned in the current data available.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 25,00,000, the total charges would include a stamp duty of Rs 1,75,000 and a registration fee of Rs 50,000.