Guideline Value for LAKSHMI NAGAR

Lakshmi Nagar guideline value

The current guideline value of Lakshmi Nagar, located in Thaiyur-A village under the Thiruporur SRO, is Rs 1,200 per sq.ft as per the 2023 revision. The land classification for this area is Residential Special Type - II.

How the guideline value of Lakshmi Nagar has changed

According to the guideline value register, there have been several revisions for Lakshmi Nagar. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 1,200 per sq.ft.

There have been no changes in the guideline value between the revisions. The 2023 revision remains the only figure available for this street, with no prior values to compare against.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. Lakshmi Nagar is the only street mentioned in this context. There are no other streets in Thaiyur-A under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Lakshmi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, while the registration fee at 2% would be Rs 24,000, bringing the total to Rs 1,08,000. It is important to 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 information.

Which Sub Registrar Office covers Lakshmi Nagar?

The Sub Registrar Office that covers Lakshmi Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Thaiyur-A. It determines the minimum value at which the property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Lakshmi Nagar?

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

How has the guideline value changed over the years?

The guideline value for Lakshmi Nagar has not changed since the 2023 revision, which is currently set at Rs 1,200 per sq.ft. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Lakshmi Nagar?

The land classification for Lakshmi Nagar is Residential Special Type - II. This classification indicates the type of development permissible in the area.

Where is the Sub Registrar Office for Lakshmi Nagar located?

The Sub Registrar Office for Lakshmi Nagar is located at No.29, South Mada Street, Thiruporur-603110, in the Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total costs would include a stamp duty of Rs 84,000 and a registration fee of Rs 24,000, totaling Rs 1,08,000.