Guideline Value for REAL VALUE HOMES

Real Value Homes guideline value

The current guideline value for Real Value Homes in Kazhipatoor village, under the Thiruporur SRO, is Rs 2,800 per sq.ft. This value was established in the 2023 revision. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Real Value Homes has changed

Looking at the revisions, the guideline value for Real Value Homes has remained consistent since the 2023 revision, which set the value at Rs 2,800 per sq.ft. The register does not have figures for previous revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes in the guideline value. The previous revisions listed do not provide any figures for this street, indicating a stable guideline value in recent years.

Guideline values in Kazhipatoor

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

Stamp duty and registration fee for property in Real Value Homes

For a 1,000 sq.ft plot at the current rate of Rs 2,800 per sq.ft, the 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 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 Real Value Homes?

The Real Value Homes area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for additional information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Kazhipatoor. It is used to calculate the stamp duty and registration fees, which are mandatory for the transfer of property ownership.

When a property is registered, the higher value between the guideline value and the sale price is considered for calculating the applicable duties and fees. This ensures that the government receives the correct revenue based on the property’s value.

Frequently asked questions

What is the current guideline value for Real Value Homes?

The current guideline value for Real Value Homes in Kazhipatoor is Rs 2,800 per sq.ft, as per the 2023 revision.

Have there been any changes in the guideline value recently?

No changes have been recorded in the guideline value since the 2023 revision. The register does not have figures for previous revisions for this street.

What is the land classification for Real Value Homes?

The land classification for Real Value Homes is Commercial Class I Type - I, indicating its commercial usage potential.

How is stamp duty calculated for properties in Real Value Homes?

Stamp duty is calculated based on the higher value between the guideline value and the sale price. For example, for a 1,000 sq.ft plot at Rs 2,800 per sq.ft, the stamp duty would be Rs 1,96,000.

Where can I find the Thiruporur Sub Registrar Office?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles registrations for properties in the area.