Guideline Value for Midhun Garden

Midhun Garden guideline value

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

How the guideline value of Midhun Garden has changed

According to the guideline value register, the revisions for Midhun Garden show that there have been no figures recorded for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 lists the guideline value at Rs 3,135 per sq.ft.

There have been no changes in the guideline value between the revisions provided. The only figure available is from the 2023 revision, which stands at Rs 3,135 per sq.ft.

Guideline values in Thazhampoor

No specific village figures are provided for Thazhampoor. Currently, Midhun Garden is the only street mentioned under the Thazhampoor SRO.

Stamp duty and registration fee for property in Midhun Garden

For a 1,000 sq.ft plot at the current rate of Rs 3,135 per sq.ft, the guideline value amounts to Rs 31,35,000. The stamp duty at 7% would be Rs 2,19,450, while the registration fee at 2% would be Rs 62,700, bringing the total 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 more details.

Which Sub Registrar Office covers Midhun Garden?

The Midhun Garden area falls under 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 during the registration of property transactions in Thazhampoor. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when acquiring property.

When selling property, the guideline value helps in determining the official value of the property for registration purposes. Buyers should be aware that the stamp duty is applied based on the higher of the guideline value or the sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Midhun Garden?

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

What is the land classification for Midhun Garden?

The land classification for Midhun Garden is Mixed Type - II, indicating a variety of permissible land uses in the area.

Have there been any changes in the guideline value over the years?

There have been no changes in the guideline value for Midhun Garden over the years. The only recorded figure is from the 2023 revision.

What are the stamp duty and registration fees for property in Midhun Garden?

For a property valued at Rs 31,35,000, the stamp duty is Rs 2,19,450 and the registration fee is Rs 62,700, totaling Rs 2,82,150.

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.