Guideline Value for Ideal Form And Resorts

Ideal Form And Resorts guideline value

The current guideline value of Ideal Form And Resorts in Thirupanthiyoor village is Rs 200 per sq.ft, effective from 1 July 2024. This property falls under the Sunguvarchattram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Ideal Form And Resorts has changed

The guideline value for Ideal Form And Resorts has seen several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2023 revision, where it was still Rs 200 per sq.ft. The 2017 revision marked a decrease to Rs 134 per sq.ft, before returning to Rs 200 per sq.ft in 2012 and remaining consistent through to the 2024 revision.

From 2017 to 2023, there was a significant increase of 49%, but overall, from 2012 to 2024, the guideline value has not changed, remaining at Rs 200 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirupanthiyoor

In Thirupanthiyoor, there are 53 streets under the Sunguvarchattram SRO with 2024 guideline values ranging from Rs 200 to Rs 900 per sq.ft. The median value is Rs 350 per sq.ft, placing Ideal Form And Resorts below this median.

• Indhira Nagar: Rs 200 per sq.ft (2024)
• Indhira Nagar Main Road: Rs 200 per sq.ft (2024)
• Hemanth Nagar: Rs 200 per sq.ft (2024)
• Jpv Forms: Rs 200 per sq.ft (2024)
• Gandhi Nagar: Rs 400 per sq.ft (2024)
• Fathima Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Ideal Form And Resorts

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ideal Form And Resorts?

The Ideal Form And Resorts is covered by the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirupanthiyoor. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price. The higher of the two is used to calculate the applicable duties, ensuring that the correct fees are paid based on the property's value.

Frequently asked questions

What is the current guideline value of Ideal Form And Resorts?

The current guideline value of Ideal Form And Resorts is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2012 to 2024, with a significant increase of 49% from 2017 to 2023. The 2017 revision saw a decrease to Rs 134 per sq.ft, but it returned to Rs 200 in 2012.

What are the guideline values of other streets in Thirupanthiyoor?

Other streets in Thirupanthiyoor have guideline values ranging from Rs 200 to Rs 900 per sq.ft, with a median value of Rs 350 per sq.ft. Ideal Form And Resorts is below this median.

What are the stamp duty and registration fees for Ideal Form And Resorts?

The stamp duty for a property valued at Rs 2,00,000 is Rs 14,000, and the registration fee is Rs 4,000, totaling Rs 18,000. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles the registration for Ideal Form And Resorts?

The Sunguvarchattram Sub Registrar Office handles the registration for Ideal Form And Resorts, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.