Guideline Value for I.G RESORTS

I.G Resorts guideline value

The current guideline value for I.G Resorts in Nemmeli village, under the Thiruporur SRO, is Rs 600 per sq.ft. The land classification for this area is Residential Class I Type - I.

How the guideline value of I.G Resorts has changed

According to the guideline value register, the revisions for I.G Resorts have been recorded for several years. The most recent revision in 2023 set the guideline value at Rs 600 per sq.ft. The register does not provide figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

There have been no changes between the revisions available. The only figure provided is from the 2023 revision, confirming the guideline value remains consistent at Rs 600 per sq.ft.

Guideline values in Nemmeli

Currently, there are no specific village figures available for Nemmeli. I.G Resorts is situated within this area, and there are no other streets in Nemmeli listed under the Thiruporur SRO.

Stamp duty and registration fee for property in I.G Resorts

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value amounts to Rs 6,00,000. The stamp duty, charged at 7%, would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers I.G Resorts?

The I.G Resorts area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Nemmeli. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

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

Frequently asked questions

What is the current guideline value of I.G Resorts?

The current guideline value of I.G Resorts is Rs 600 per sq.ft as per the 2023 revision.

What is the land classification for I.G Resorts?

The land classification for I.G Resorts is Residential Class I Type - I, indicating its suitability for residential purposes.

How has the guideline value changed over the years?

The guideline value for I.G Resorts has remained at Rs 600 per sq.ft since the 2023 revision. There are no figures available for previous years, including 2024, 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for I.G Resorts?

The stamp duty for a property at I.G Resorts is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 54,000.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone, which covers the I.G Resorts area.