Guideline Value for MIDHUN GARDEN ANNEXE

Midhun Garden Annexe guideline value

The current guideline value of Midhun Garden Annexe is Rs 3,135 per sq.ft. This area is located in Thazhampoor village and falls under the Thiruporur SRO. The land classification for this region is Mixed Type - II.

How the guideline value of Midhun Garden Annexe has changed

The guideline value for Midhun Garden Annexe has undergone several revisions over the years. The oldest available figure is from the 2017 revision, which was Rs 2,100 per sq.ft. In the 2023 revision, the guideline value increased to Rs 3,135 per sq.ft, marking a significant change of +49% from the previous figure.

There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street. The most recent figure from 2023 reflects the current market conditions for this area.

Guideline values in Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. Midhun Garden Annexe is one of the areas under the Thiruporur SRO, and there are no other streets in Thazhampoor listed with guideline values.

Stamp duty and registration fee for property in Midhun Garden Annexe

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 31,35,000. The stamp duty at 7% would be Rs 2,19,450, and the registration fee at 2% would be Rs 62,700, bringing the total cost to Rs 2,82,150. 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 further assistance.

Which Sub Registrar Office covers Midhun Garden Annexe?

The Sub Registrar Office that covers Midhun Garden Annexe 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 information.

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

The guideline value is a crucial factor in property transactions in Thazhampoor, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to ensure that the sale price meets or exceeds the guideline value to avoid any complications during the registration process. This ensures compliance with local regulations and accurate assessment of taxes owed.

Frequently asked questions

What is the current guideline value of Midhun Garden Annexe?

The current guideline value of Midhun Garden Annexe is Rs 3,135 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased by 49%, from Rs 2,100 per sq.ft to Rs 3,135 per sq.ft.

Are there any guideline values for previous revisions?

Yes, the guideline value for Midhun Garden Annexe was Rs 2,100 per sq.ft in the 2017 revision. However, there are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

What is the stamp duty rate for properties in Midhun Garden Annexe?

The stamp duty rate for properties in Midhun Garden Annexe is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Midhun Garden Annexe located?

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