Guideline Value for LALITHA SUNDARAM AVENUE

Lalitha Sundaram Avenue guideline value

The current guideline value of Lalitha Sundaram Avenue is Rs 804 per sq.ft. This street is located in Thaiyur-A village, under the Thiruporur SRO, and is classified as Residential Special Type - V.

How the guideline value of Lalitha Sundaram Avenue has changed

The guideline value for Lalitha Sundaram Avenue has remained unchanged since the 2023 revision, which is set at Rs 804 per sq.ft. The previous revisions for this street, including 2024, 2017, 2012, 2007, 2003, and 2002, have no figures available in the register.

Since there have been no changes between the revisions, the current rate reflects the most recent update. The absence of figures for the earlier years indicates that the guideline value for this street has not been established in those revisions.

Guideline values in Thaiyur-A

Currently, there are no specific village figures available for Thaiyur-A. Lalitha Sundaram Avenue is the only street mentioned under this classification.

Stamp duty and registration fee for property in Lalitha Sundaram Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 804 per sq.ft, the total guideline value amounts to Rs 8,04,000. The stamp duty at 7% would be Rs 56,280, while the registration fee at 2% would be Rs 16,080, bringing the total to Rs 72,360. It is important to note that the stamp duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Lalitha Sundaram Avenue?

The Lalitha Sundaram Avenue falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Thaiyur-A, the guideline value serves as a benchmark for determining the stamp duty and registration fees. This value is crucial as it is used by the authorities to calculate the taxes applicable during the property transaction.

It is essential for buyers and sellers to be aware of the guideline value, as it ensures compliance with local regulations and helps in understanding the financial implications of the transaction. The guideline value reflects the official price set by the government for property transactions in the area.

Frequently asked questions

What is the current guideline value of Lalitha Sundaram Avenue?

The current guideline value of Lalitha Sundaram Avenue is Rs 804 per sq.ft, as per the 2023 revision.

What is the land classification for Lalitha Sundaram Avenue?

Lalitha Sundaram Avenue is classified as Residential Special Type - V, which indicates its designated use within the area.

Have there been any changes in the guideline value for Lalitha Sundaram Avenue?

There have been no changes in the guideline value for Lalitha Sundaram Avenue since the 2023 revision, which remains at Rs 804 per sq.ft.

Where is the Thiruporur Sub Registrar Office located?

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

How is stamp duty calculated for property transactions in Lalitha Sundaram Avenue?

Stamp duty for property transactions in Lalitha Sundaram Avenue is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value is Rs 8,04,000, resulting in a stamp duty of Rs 56,280.