Guideline Value for OLYMPIA INFRATECH

Olympia Infratech guideline value

The current guideline value of Olympia Infratech is Rs 3,500 per sq.ft. This property is located in Navaloor village, under the Thiruporur SRO, and falls under the Commercial Class I Type - I land classification.

How the guideline value of Olympia Infratech has changed

According to the guideline value register, the revisions for Olympia Infratech have been recorded for several years. The most recent revision in 2023 indicates a guideline value of Rs 3,500 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

There have been no changes between the revisions listed above. The 2023 revision stands as the only recorded figure for this street, with no prior values available to compare against.

Guideline values in Navaloor

As there are no specific village figures provided for Navaloor, it is important to note that Olympia Infratech is the only street mentioned in this context. There are no other streets in Navaloor under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Olympia Infratech

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 35,00,000. The stamp duty at 7% would be Rs 2,45,000, and the registration fee at 2% would be Rs 70,000, bringing the total to Rs 3,15,000. 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 information.

Which Sub Registrar Office covers Olympia Infratech?

The Olympia Infratech property falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property in Navaloor. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs reflect the official value assigned to the property.

When you buy or sell a property, the guideline value or the sale price, whichever is higher, is used to determine the applicable duties. This ensures that the transaction is recorded accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value of Olympia Infratech?

The current guideline value of Olympia Infratech is Rs 3,500 per sq.ft as per the 2023 revision.

What land classification does Olympia Infratech fall under?

Olympia Infratech is classified under Commercial Class I Type - I land classification.

Are there any previous guideline values for Olympia Infratech?

The register has no figures for Olympia Infratech for the years 2024, 2017, 2012, 2007, 2003, and 2002. The only recorded value is from the 2023 revision.

How is stamp duty calculated for properties in Olympia Infratech?

Stamp duty for properties in Olympia Infratech is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 3,15,000.

Where can I find the Sub Registrar Office for Olympia Infratech?

The Sub Registrar Office covering Olympia Infratech is the Thiruporur SRO, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.