Guideline Value for RHIYARA ELITE

Rhiyara Elite guideline value

The current guideline value for Rhiyara Elite is Rs 2,200 per sq.ft. This property is located in Puthupakkam village, under the Thiruporur SRO. The land classification for this area is Residential Class IV Type - III.

How the guideline value of Rhiyara Elite has changed

According to the guideline value register, the oldest revision available for Rhiyara Elite is from the year 2002, but there is no figure for this street in that year. This pattern continues for the revisions in 2003, 2007, 2012, and 2017, as none of these years have a recorded figure for the guideline value of this street.

The most recent revision is from 2023, which sets the guideline value at Rs 2,200 per sq.ft. There have been no changes in the guideline value between the revisions mentioned above.

Guideline values in Puthupakkam

No specific village figures are provided for Puthupakkam. Currently, Rhiyara Elite is the only street mentioned under the Thiruporur SRO.

Stamp duty and registration fee for property in Rhiyara Elite

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to note that the 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 details.

Which Sub Registrar Office covers Rhiyara Elite?

The Sub Registrar Office that covers Rhiyara Elite 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 Puthupakkam

The guideline value plays a crucial role in the registration process when buying or selling property in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the higher amount between the guideline value and the sale price is considered for calculating the applicable duties. 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 Rhiyara Elite?

The current guideline value of Rhiyara Elite is Rs 2,200 per sq.ft, as per the 2023 revision.

What land classification does Rhiyara Elite fall under?

Rhiyara Elite is classified as Residential Class IV Type - III according to the land classification records.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Rhiyara Elite across the revisions from 2002 to 2023. The only recorded value is Rs 2,200 per sq.ft from the 2023 revision.

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.

How is stamp duty calculated for properties in Rhiyara Elite?

Stamp duty for properties in Rhiyara Elite is calculated based on 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 1,54,000 based on the current guideline value.