Guideline Value for JAIN HOUSING

Jain Housing guideline value

The current guideline value of Jain Housing in Thazhampoor village, under the Thiruporur SRO, is Rs 3,000 per sq.ft. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Jain Housing has changed

The guideline value register for Jain Housing shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 3,000 per sq.ft, with no changes noted from previous revisions.

As there are no figures available for the years mentioned, it can be concluded that the guideline value has remained stable at Rs 3,000 per sq.ft since the 2023 revision.

Guideline values in Thazhampoor

No specific village figures are provided for Thazhampoor. Jain Housing is the only area mentioned under the Thiruporur SRO, with no other streets in Thazhampoor listed.

Stamp duty and registration fee for property in Jain Housing

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 30,00,000. The stamp duty at 7% would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000, totaling Rs 2,70,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jain Housing?

The Sub Registrar Office that covers Jain Housing is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thazhampoor. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the guideline value is considered to determine the applicable fees. Buyers and sellers must be aware that the duty is charged on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Jain Housing?

The current guideline value of Jain Housing is Rs 3,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 3,000 per sq.ft since the 2023 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What is the land classification for Jain Housing?

The land classification for Jain Housing is Commercial Class I Type - I, indicating its intended use for commercial purposes.

What are the stamp duty and registration fees for a property in Jain Housing?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 2,70,000, which includes a stamp duty of Rs 2,10,000 and a registration fee of Rs 60,000.

Where is the Sub Registrar Office for Jain Housing located?

The Sub Registrar Office for Jain Housing is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.