Guideline Value for NSC BOSE ROAD

Nsc Bose Road guideline value

The current guideline value of Nsc Bose Road is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village, under the Thiruttani SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Nsc Bose Road has changed

The guideline value for Nsc Bose Road has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 990 per sq.ft, which is an increase from Rs 900 per sq.ft in the 2023 revision. Prior to that, in 2017, the value was Rs 603 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 10%. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Tiruttani

Tiruttani village has a total of 160 streets under the Thiruttani SRO that carry a 2024 guideline value, ranging from Rs 548 to Rs 1,540 per sq.ft. The median guideline value for these streets is Rs 825 per sq.ft, placing Nsc Bose Road's 2024 figure above this median.

• Old Bazar Street: Rs 770 per sq.ft (2024)
• Old Dharmaraja Koil Street: Rs 825 per sq.ft (2024)
• Old Hospital Lane: Rs 550 per sq.ft (2024)
• Old Hospital Street: Rs 825 per sq.ft (2024)
• Nehru Nagar: Rs 770 per sq.ft (2024)
• Pappireddtyopalli Road: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Nsc Bose Road

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, resulting in a total of Rs 89,100. 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 more information.

Which Sub Registrar Office covers Nsc Bose Road?

The Sub Registrar Office that covers Nsc Bose Road is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process of property transactions in Tiruttani. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When buying or selling property, the guideline value is used to ensure that the transaction is recorded at a fair value in accordance with government regulations. This helps maintain transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Nsc Bose Road?

The current guideline value of Nsc Bose Road is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 603 per sq.ft in 2017 to Rs 990 per sq.ft in 2024, marking a 64% overall increase over this period.

What is the land classification of Nsc Bose Road?

Nsc Bose Road is classified as Commercial Class I Type - II according to the guideline value register.

Where is the Thiruttani Sub Registrar Office located?

The Thiruttani Sub Registrar Office is located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.

How is stamp duty calculated for properties on Nsc Bose Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 69,300.