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Guideline Value

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Guideline Value for RITHIVIK TOWNSHIP PHASE I, II, III, IV

₹1493/sq.ft.

The guideline value for Rithivik Township Phase I, Ii, Iii, Iv in Kumili village (Thiruporur SRO, Chengalpattu zone) is Rs 1493 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kumili

Village

Thiruporur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1493 /sq.ft.
From 1-4-2023 ₹1493 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.29, South Mada Street, Thiruporur-603110
044-27445228
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Rithivik Township Phase I, Ii, Iii, Iv

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Rithivik Township Phase I, II, III, IV guideline value

The current guideline value for Rithivik Township Phase I, II, III, IV is Rs 1,493 per sq.ft, effective from 1 July 2024. This property is located in Kumili village under the Thiruporur SRO, classified as Residential Special Type - III.

How the guideline value of Rithivik Township Phase I, II, III, IV has changed

According to the guideline value register, there are no figures for Rithivik Township Phase I, II, III, IV for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 1,493 per sq.ft, which is the same as the 2024 revision, showing no change between these two years.

Thus, from 2023 to 2024, the guideline value remained unchanged at Rs 1,493 per sq.ft, indicating stability in the valuation for this property over the last two revisions.

Guideline values in Kumili

In Kumili, there are 21 streets under the Thiruporur SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft. The guideline value for Rithivik Township Phase I, II, III, IV is above the median of Rs 400 per sq.ft for this area.

Stamp duty and registration fee for property in Rithivik Township Phase I, II, III, IV

For a 1,000 sq.ft plot at the current guideline value of Rs 1,493 per sq.ft, the total guideline value amounts to Rs 14,93,000. The stamp duty at 7% would be Rs 1,04,510, and the registration fee at 2% would be Rs 29,860, bringing the total to Rs 1,34,370. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for accurate calculations based on your specific property details.

Which Sub Registrar Office covers Rithivik Township Phase I, II, III, IV?

The Sub Registrar Office that covers Rithivik Township Phase I, II, III, IV 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 Kumili

The guideline value plays a crucial role during the registration of property transactions in Kumili. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. Buyers and sellers should be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value for Rithivik Township Phase I, II, III, IV?

The current guideline value for Rithivik Township Phase I, II, III, IV is Rs 1,493 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,493 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Kumili and their guideline values?

Other streets in Kumili include Saastha Nagar at Rs 250 per sq.ft, Sai Sarvesh Nagar at Rs 1,400 per sq.ft, Shri Kantha Garden at Rs 300 per sq.ft, Shri Mayura Avenue at Rs 800 per sq.ft, and Somas Garden Phase I, II & III at Rs 400 per sq.ft, among others.

What is the stamp duty for property in Rithivik Township Phase I, II, III, IV?

The stamp duty for a property valued at Rs 14,93,000 in Rithivik Township Phase I, II, III, IV is calculated at 7%, amounting to Rs 1,04,510.

Where can I find the Sub Registrar Office for Rithivik Township Phase I, II, III, IV?

The Sub Registrar Office for Rithivik Township is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find more information online.