Guideline Value for MAPLE WOOD

Maple Wood guideline value

The current guideline value of Maple Wood is Rs 3,500 per sq.ft, as per the 2023 revision. This area is located in Kazhipatoor village under the Thiruporur SRO, classified as Mixed Type - III land.

How the guideline value of Maple Wood has changed

In the 2012 revision, the guideline value was set at Rs 3,500 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 2,345 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the guideline value rose significantly to Rs 3,500 per sq.ft again, reflecting a 49% increase from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained the same at Rs 3,500 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kazhipatoor

Currently, there are no specific village figures provided for Kazhipatoor. Maple Wood is one of the streets in this village, and there are no other streets in Kazhipatoor under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Maple Wood

For a 1,000 sq.ft plot at the current rate of Rs 3,500 per sq.ft, the guideline value would be Rs 35,00,000. The stamp duty at 7% would amount to Rs 2,45,000, and the registration fee at 2% would be Rs 70,000. Together, the total cost for these fees would be Rs 3,15,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Maple Wood?

The Sub Registrar Office that covers Maple Wood is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more details, you can find your SRO.

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

The guideline value is an important factor when registering a property in Kazhipatoor. It determines the minimum value at which a property can be sold or purchased, ensuring that the transaction is recorded accurately in the official records.

When you buy or sell property in this area, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Maple Wood?

The current guideline value of Maple Wood is Rs 3,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, and then back to Rs 3,500 per sq.ft in 2023. Overall, there has been no change from 2012 to 2023.

What are the stamp duty and registration fees for property in Maple Wood?

For a property valued at Rs 35,00,000, the stamp duty would be Rs 2,45,000 and the registration fee would be Rs 70,000, totaling Rs 3,15,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Maple Wood located?

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

Are there other streets in Kazhipatoor with guideline values?

No specific figures are provided for other streets in Kazhipatoor under the Thiruporur SRO, and Maple Wood is the only street mentioned.