Guideline Value for PROVINCE

Province guideline value

The current guideline value for Province in Padur village, under the Thiruporur SRO, is Rs 3,732 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - III.

How the guideline value of Province has changed

According to the guideline value register, there are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017 for Province. The only available revision is from 2023, which is Rs 3,732 per sq.ft.

Since the 2023 revision is the only figure provided, there have been no changes between the revisions listed above. The register currently reflects the same guideline value without any alterations.

Guideline values in Padur

No specific village figures are provided for Padur. The street of Province does not have any other streets in Padur listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Province

For a 1,000 sq.ft plot at the current guideline value of Rs 3,732 per sq.ft, the total guideline value amounts to Rs 37,32,000. The stamp duty at 7% would be Rs 2,61,240 and the registration fee at 2% would be Rs 74,640, bringing the total to Rs 3,35,880. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Province?

The Province area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a critical factor when registering property transactions in Padur. It serves as the basis for calculating the stamp duty and registration fees, ensuring that these costs reflect the official valuation of the property.

When buying or selling property, the guideline value helps determine the legal and financial obligations involved in the transaction. Buyers should be aware that the stamp duty is charged based on the higher of the guideline value or the sale price, which can influence the overall transaction costs.

Frequently asked questions

What is the current guideline value for Province?

The current guideline value for Province in Padur village is Rs 3,732 per sq.ft as per the 2023 revision.

What is the land classification for Province?

The land classification for Province is Mixed Type - III, indicating a combination of various land uses.

Are there any previous guideline values for Province?

No previous guideline values are available for Province in the revisions from 2002, 2003, 2007, 2012, and 2017. The only figure available is from the 2023 revision.

How is stamp duty calculated for property in Province?

Stamp duty for property in Province is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 2,61,240 based on the current guideline value.

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 property registrations for the Province area.