Guideline Value for RADIANCE

Radiance guideline value

The current guideline value of Radiance in Kazhipatoor village, under the Thiruporur SRO, is Rs 2,800 per sq.ft as per the 2023 revision. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Radiance has changed

Looking at the revisions, the guideline value for Radiance has been consistent since the 2023 revision, which is Rs 2,800 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 mentioned above, indicating stability in the guideline value for Radiance. The absence of figures for the earlier years suggests that the guideline value has not been established for this street prior to 2023.

Guideline values in Kazhipatoor

Currently, there are no specific village figures available for Kazhipatoor. Radiance is the only street mentioned under the Thiruporur SRO, and there are no other streets in Kazhipatoor listed.

Stamp duty and registration fee for property in Radiance

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total fees to Rs 2,52,000. 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 details.

Which Sub Registrar Office covers Radiance?

The Sub Registrar Office that covers Radiance is 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 Kazhipatoor

The guideline value is a crucial factor when registering a property in Kazhipatoor. It determines the minimum value at which a property can be sold or bought, ensuring that the transaction is recorded fairly and transparently.

When you proceed with a sale or purchase, the stamp duty and registration fees are 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.

Frequently asked questions

What is the current guideline value of Radiance?

The current guideline value of Radiance in Kazhipatoor village is Rs 2,800 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Radiance has remained at Rs 2,800 per sq.ft since the 2023 revision. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

What land classification does Radiance fall under?

Radiance is classified as Commercial Class I Type - I, indicating its designation for commercial use.

What are the stamp duty and registration fees for a property in Radiance?

For a property valued at Rs 28,00,000, the stamp duty would be Rs 1,96,000, and the registration fee would be Rs 56,000, totaling Rs 2,52,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Radiance located?

The Thiruporur Sub Registrar Office, which covers Radiance, is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.