Guideline Value for MINI DIAMOND CASTLE

Mini Diamond Castle guideline value

The current guideline value for Mini Diamond Castle, located in Thaiyur-A village under the Thiruporur SRO, is Rs 2,000 per sq.ft as per the 2023 revision. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Mini Diamond Castle has changed

In the 2002 revision, the guideline value register has no figure for this street. This pattern continues through the 2003, 2007, 2012, and 2017 revisions, which also do not provide any figures for Mini Diamond Castle.

The most recent revision in 2023 set the guideline value at Rs 2,000 per sq.ft. There have been no changes in the guideline values between these revisions.

Guideline values in Thaiyur-A

No specific village figures are available for Thaiyur-A. Mini Diamond Castle is situated within this area, which is governed by the Thiruporur SRO.

Stamp duty and registration fee for property in Mini Diamond Castle

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000. Together, the total cost for these fees would be Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Mini Diamond Castle?

The Mini Diamond Castle area is covered by 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

The guideline value plays a crucial role during the registration of property transactions in Thaiyur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the guideline value is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the established values for properties in the area.

Frequently asked questions

What is the current guideline value for Mini Diamond Castle?

The current guideline value for Mini Diamond Castle is Rs 2,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Mini Diamond Castle has remained unchanged at Rs 2,000 per sq.ft since the 2023 revision. Previous revisions from 2002, 2003, 2007, 2012, and 2017 have no figures for this street.

What is the land classification for Mini Diamond Castle?

The land classification for Mini Diamond Castle is Commercial Class I Type - I, indicating its use for commercial purposes.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total of Rs 1,80,000 in fees based on the current guideline value.

Where is the Sub Registrar Office for Mini Diamond Castle located?

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