Guideline Value for Illuputhopu
₹3025/sq.ft.
The guideline value for Illuputhopu in Chengalpattu Town village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 3025 per sq.ft, effective 1 July 2024. It was Rs 2750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - V. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Chengalpattu Town
Village
Chengleput Joint I
SRO
Residential Special Type - V
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹3025 /sq.ft. |
| From 1-4-2023 | ₹2750 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1842 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2750 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹450 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27423054
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Illuputhopu
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Illuputhopu guideline value
The current guideline value of Illuputhopu is Rs 3,025 per sq.ft, effective from 1 July 2024. This village falls under the Chengleput Joint I SRO and is classified as Residential Special Type - V.
How the guideline value of Illuputhopu has changed
Over the years, the guideline value for Illuputhopu has seen significant changes. The 2007 revision set the value at Rs 450 per sq.ft, which increased dramatically to Rs 2,750 per sq.ft in the 2012 revision, marking a rise of 511%. However, in the 2017 revision, the value decreased to Rs 1,842 per sq.ft, reflecting a decline of 33%. The value then rose to Rs 2,750 per sq.ft in the 2023 revision, before reaching the current figure of Rs 3,025 per sq.ft in the 2024 revision, a 10% increase.
From the 2017 revision to the 2023 revision, the guideline value increased by 49%. Overall, from 2007 to 2024, the guideline value has increased by 572%. The register has no figures for the revisions in 2002 and 2003 for this street.
Guideline values in Chengalpattu Town
In Chengalpattu Town, there are 55 streets under the Chengleput Joint I SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft. The median value is Rs 3,025 per sq.ft, which is equal to the guideline value of Illuputhopu.
- Gundur Parameswarapuram: Rs 2,420 per sq.ft (2024)
- Gundur Mettu Street: Rs 2,475 per sq.ft (2024)
- Gundur Kutta karai: Rs 2,200 per sq.ft (2024)
- Gundur Colony Road: Rs 2,200 per sq.ft (2024)
- Gundur Colony: Rs 2,200 per sq.ft (2024)
- Gundur Church Road: Rs 2,200 per sq.ft (2024)
Stamp duty and registration fee for property in Illuputhopu
For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 30,25,000. The stamp duty at 7% would be Rs 2,11,750, and the registration fee at 2% would be Rs 60,500, bringing the total fees to Rs 2,72,250. 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 information.
Which Sub Registrar Office covers Illuputhopu?
The Sub Registrar Office that covers Illuputhopu is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for further assistance.
How the guideline value is used when you buy or sell in Chengalpattu Town
The guideline value plays a crucial role during property transactions in Chengalpattu Town. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must refer to the guideline value to ensure compliance with legal requirements during the registration process.
When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions, based on the established guideline values.
Frequently asked questions
What is the current guideline value of Illuputhopu?
The current guideline value of Illuputhopu is Rs 3,025 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed significantly from Rs 450 per sq.ft in 2007 to Rs 3,025 per sq.ft in 2024, reflecting an overall increase of 572% over this period.
What are the other streets in Chengalpattu Town with their guideline values?
Other streets in Chengalpattu Town include Gundur Parameswarapuram at Rs 2,420 per sq.ft, Gundur Mettu Street at Rs 2,475 per sq.ft, and several others at Rs 2,200 per sq.ft.
What fees are associated with buying property in Illuputhopu?
When buying property in Illuputhopu, the fees include stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.
Where can I find the Sub Registrar Office for Illuputhopu?
The Sub Registrar Office for Illuputhopu is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
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