Guideline Value for IT HIGHWAY

It Highway guideline value

The current guideline value of It Highway is Rs 1,200 per sq.ft. This property is located in Thaiyur-A village under the Thiruporur Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - I.

How the guideline value of It Highway has changed

According to the guideline value register, there are several revisions for It Highway. The most recent revision in 2023 set the guideline value at Rs 1,200 per sq.ft. The register has no figures for this street for the years 2024, 2017, 2012, 2007, 2003, and 2002.

There have been no changes between the revisions listed above. The only available figure for It Highway is from the 2023 revision, which is Rs 1,200 per sq.ft.

Guideline values in Thaiyur-A

Currently, there are no village figures provided for Thaiyur-A. It Highway is the only street mentioned in this context.

Stamp duty and registration fee for property in It Highway

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, totaling Rs 1,08,000. Note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers It Highway?

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

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

The guideline value is crucial when registering property transactions in Thaiyur-A. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standardized value set by the government.

When a buyer or seller engages in a property transaction, the guideline value helps determine the official value of the property for legal and taxation purposes. This ensures transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of It Highway?

The current guideline value of It Highway is Rs 1,200 per sq.ft as per the 2023 revision.

What is the land classification for It Highway?

The land classification for It Highway is Residential Special Type - I, indicating its designated use for residential purposes.

What revisions have been made to the guideline value of It Highway?

The only available revision for It Highway is from 2023, which is Rs 1,200 per sq.ft. The register has no figures for this street for the years 2024, 2017, 2012, 2007, 2003, and 2002.

How is stamp duty calculated for properties in It Highway?

Stamp duty for properties in It Highway is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000.

Where can I find the Thiruporur Sub Registrar Office?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find more information about your SRO by visiting the provided link.