Guideline Value for NEW MAHABALIPURAM LAYOUT

New Mahabalipuram Layout guideline value

The current guideline value of New Mahabalipuram Layout is Rs 500 per sq.ft. This area is located in SaluvanKuppam village and falls under the Thiruporur SRO. The land classification for this layout is Residential Class I Type - I.

How the guideline value of New Mahabalipuram Layout has changed

According to the guideline value register, the revisions for New Mahabalipuram Layout are as follows: The register has no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 500 per sq.ft.

There have been no changes in the guideline value between the revisions listed above. The only figure available is from the 2023 revision, which remains unchanged from previous years.

Guideline values in SaluvanKuppam

No specific village figures are provided for SaluvanKuppam. The New Mahabalipuram Layout is the only street mentioned under this village. There are no other streets in SaluvanKuppam listed under the Thiruporur SRO.

Stamp duty and registration fee for property in New Mahabalipuram Layout

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers New Mahabalipuram Layout?

The New Mahabalipuram Layout 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 SaluvanKuppam

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in New Mahabalipuram Layout, the guideline value will be used to calculate the stamp duty and registration fees applicable to the transaction.

It is important for buyers and sellers to be aware of the current guideline value, as it can significantly affect the overall cost of the transaction. The guideline value is set by the Registration Department and is subject to revisions, which can impact future property dealings.

Frequently asked questions

What is the current guideline value for New Mahabalipuram Layout?

The current guideline value for New Mahabalipuram Layout is Rs 500 per sq.ft, as per the 2023 revision.

What is the land classification of New Mahabalipuram Layout?

The land classification for New Mahabalipuram Layout is Residential Class I Type - I, indicating its designation for residential purposes.

How has the guideline value changed over the years?

The guideline value for New Mahabalipuram Layout has not changed over the years, with the only available figure being Rs 500 per sq.ft from the 2023 revision. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

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. This office handles all registrations for properties in the area.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 5,00,000, the stamp duty at 7% would amount to Rs 35,000.