Guideline Value for LAKSHMIPURAM

Lakshmipuram guideline value

The current guideline value of Lakshmipuram in 192/87veppampattu village is Rs 700 per sq.ft. This area falls under the Tiruvallur Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Lakshmipuram has changed

The guideline value for Lakshmipuram has been revised several times, with the most recent revision in 2023 setting the value at Rs 700 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the guideline value for Lakshmipuram was not recorded in the register for the aforementioned years. Therefore, there have been no changes in the guideline value between these revisions.

Guideline values in 192/87veppampattu

Currently, there are no specific village figures available for 192/87veppampattu. As per the records, there are no other streets listed under this area.

Stamp duty and registration fee for property in Lakshmipuram

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. 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 Lakshmipuram?

The Lakshmipuram area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 192/87veppampattu

The guideline value is a crucial factor when registering property in Lakshmipuram. It determines the stamp duty and registration fees that must be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property in this area, it is essential to be aware of the guideline value as it affects the overall cost of the transaction. Buyers should ensure they are informed about the current guideline value to avoid any unexpected fees during registration.

Frequently asked questions

What is the current guideline value of Lakshmipuram?

The current guideline value of Lakshmipuram is Rs 700 per sq.ft as per the 2023 revision.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision for Lakshmipuram occurring in 2023. Previous revisions have been made in 2017, 2012, 2007, 2003, and 2002, but there are no figures available for those years.

What are the stamp duty rates for properties in Lakshmipuram?

The stamp duty for properties in Lakshmipuram is charged at 7% of the guideline value or the sale price, whichever is higher. This is in addition to a registration fee of 2%.

Where can I find the Sub Registrar Office for Lakshmipuram?

The Sub Registrar Office covering Lakshmipuram is the Tiruvallur Joint 1 SRO, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

Is there any guideline value for years prior to 2023?

No, the register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for Lakshmipuram. The only recorded value is from the 2023 revision.