Guideline Value for Nikathan Paulsn Hill Front

Nikathan Paulsn Hill Front guideline value

The current guideline value of Nikathan Paulsn Hill Front is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Kondangi village under the Thiruporur SRO and is classified as Residential Special Type - I.

How the guideline value of Nikathan Paulsn Hill Front has changed

The guideline value for Nikathan Paulsn Hill Front has remained consistent at Rs 400 per sq.ft for both the 2023 and 2024 revisions. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

From the 2023 revision to the 2024 revision, there was no change in the guideline value, maintaining a steady rate of Rs 400 per sq.ft. This indicates stability in the valuation for this property over the recent years.

Guideline values in Kondangi

In Kondangi, there are four streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 350 to Rs 400 per sq.ft, with a median of Rs 375 per sq.ft. Nikathan Paulsn Hill Front's 2024 figure is above this median.

• Sree Thirumaal Nagar: Rs 400 per sq.ft (2024)
• Express Avenue: Rs 350 per sq.ft (2024)
• Unique Township: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Nikathan Paulsn Hill Front

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Nikathan Paulsn Hill Front?

The Sub Registrar Office covering Nikathan Paulsn Hill Front is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kondangi. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When you register a property, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Nikathan Paulsn Hill Front?

The current guideline value of Nikathan Paulsn Hill Front is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed in recent years?

The guideline value for Nikathan Paulsn Hill Front has remained at Rs 400 per sq.ft for both the 2023 and 2024 revisions, showing no change between these years.

What is the land classification for Nikathan Paulsn Hill Front?

Nikathan Paulsn Hill Front is classified as Residential Special Type - I under the current guidelines.

What are the stamp duty and registration fees for property in this area?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 36,000, which includes Rs 28,000 for stamp duty and Rs 8,000 for registration fees.

Which office handles the registration for Nikathan Paulsn Hill Front?

The registration for Nikathan Paulsn Hill Front is handled by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.