Guideline Value for INDIRA NAGAR

Indira Nagar guideline value

The current guideline value of Indira Nagar, located in Thaiyur - B village under the Thiruporur SRO, is Rs 3,500 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - III.

How the guideline value of Indira Nagar has changed

According to the guideline value register, the revisions for Indira Nagar have been limited. The most recent revision in 2023 set the guideline value at Rs 3,500 per sq.ft. There are no figures available for the previous revisions in 2024, 2017, 2012, 2007, 2003, and 2002, indicating that the register has no figure for this street in those years.

Since the 2023 revision, there have been no changes to the guideline value for Indira Nagar. The absence of figures in earlier revisions suggests a consistent valuation approach for this street over the years.

Guideline values in Thaiyur - B

Currently, there are no specific village figures available for Thaiyur - B. Indira Nagar is situated within this area, and there are no other streets in Thaiyur - B listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Indira Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,500 per sq.ft, the total guideline value amounts to Rs 35,00,000. The stamp duty, charged at 7%, would be Rs 2,45,000, while the registration fee at 2% would be Rs 70,000, totaling Rs 3,15,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Indira Nagar?

The Sub Registrar Office that covers Indira Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For further assistance, you can find your SRO.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Thaiyur - B. It serves as a benchmark for determining the minimum value of the property to be registered, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, which ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Indira Nagar?

The current guideline value for Indira Nagar is Rs 3,500 per sq.ft, as per the 2023 revision.

What land classification does Indira Nagar fall under?

Indira Nagar is classified as Mixed Type - III according to the land classification details provided.

Have there been any changes to the guideline value in recent years?

There have been no changes to the guideline value for Indira Nagar since the 2023 revision. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002.

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.

How is stamp duty calculated for property in Indira Nagar?

Stamp duty for property in Indira Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot at the current guideline value, the stamp duty would amount to Rs 2,45,000.