Guideline Value for HIGHTECH S AVENUE

Hightech S Avenue guideline value

The current guideline value of Hightech S Avenue is Rs 1,200 per sq.ft, as per the 2023 revision. This street is located in Thaiyur-A village and falls under the Thiruporur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Hightech S Avenue has changed

In the 2017 revision, the guideline value was set at Rs 804 per sq.ft. This marked a significant increase in the 2023 revision, where the guideline value rose to Rs 1,200 per sq.ft, reflecting a change of +49% over the six-year period. It is important to note that there are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

Thus, the only revisions with figures are from 2017 and 2023, indicating a clear upward trend in the guideline value during this period. The absence of figures from earlier revisions suggests a lack of recorded data for Hightech S Avenue in those years.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. Hightech S Avenue is the only street mentioned in the available data, and there are no other streets in Thaiyur-A under the Thiruporur SRO.

Stamp duty and registration fee for property in Hightech S Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, while the registration fee at 2% would be Rs 24,000, resulting in a total of Rs 1,08,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Hightech S Avenue?

The Thiruporur Sub Registrar Office covers Hightech S Avenue, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value plays a crucial role in property transactions, as it is used to determine the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to avoid any discrepancies during the sale or purchase of property.

When registering a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the correct amount of revenue from property transactions.

Frequently asked questions

What is the current guideline value of Hightech S Avenue?

The current guideline value of Hightech S Avenue is Rs 1,200 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 804 per sq.ft to Rs 1,200 per sq.ft, which is a change of +49%.

Are there any guideline value figures for earlier revisions?

No, the register has no figures for the revisions in 2024, 2012, 2007, 2003, and 2002 for Hightech S Avenue.

What are the stamp duty and registration fees for a property in Hightech S Avenue?

For a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Which office handles registrations for Hightech S Avenue?

The Thiruporur Sub Registrar Office handles registrations for Hightech S Avenue, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.