Guideline Value for S.no 2996/1 to 10

S.no 2996/1 to 10 guideline value

The current guideline value for S.no 2996/1 to 10 in Tondaiarpet village is Rs 10,100 per sq.ft, effective from 1 July 2024. This property falls under the jurisdiction of the Royapuram SRO and is classified as Mixed Type - II.

How the guideline value of S.no 2996/1 to 10 has changed

The guideline value register for S.no 2996/1 to 10 shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The latest revision in 2024 has set the guideline value at Rs 10,100 per sq.ft.

Since there have been no figures recorded for this street in the previous revisions, the current value stands alone as the only reference point for this property.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO that have a 2024 guideline value ranging from Rs 1,100 to Rs 10,100 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value for S.no 2996/1 to 10 is above this median.

• Solaiappan 1st lane: Rs 2,200 per sq.ft (2024)
• Solaiappan 2nd lane: Rs 2,200 per sq.ft (2024)
• Solaiappan 3rd lane: Rs 2,200 per sq.ft (2024)
• Solaiappan Street: Rs 2,200 per sq.ft (2024)
• South Mada Church Street: Rs 2,200 per sq.ft (2024)
• South Railway Lane: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in S.no 2996/1 to 10

For a 1,000 sq.ft plot at the current guideline value of Rs 10,100 per sq.ft, the total guideline value would be Rs 1,01,00,000. The stamp duty at 7% would amount to Rs 7,07,000, and the registration fee at 2% would be Rs 2,02,000, totaling Rs 9,09,000. Please note that 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 information.

Which Sub Registrar Office covers S.no 2996/1 to 10?

The Sub Registrar Office that covers S.no 2996/1 to 10 is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more details.

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

The guideline value is a crucial reference point during the registration of property transactions in Tondaiarpet. It helps determine the stamp duty and registration fees that need to be paid when buying or selling a property.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value for taxation purposes. This value is used by the authorities to calculate the applicable fees and taxes, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for S.no 2996/1 to 10?

The current guideline value for S.no 2996/1 to 10 is Rs 10,100 per sq.ft, effective from 1 July 2024.

What land classification does S.no 2996/1 to 10 have?

S.no 2996/1 to 10 is classified as Mixed Type - II under the land classification system.

How has the guideline value changed over the years?

There have been no recorded figures for S.no 2996/1 to 10 in the years 2002, 2003, 2007, 2012, 2017, and 2023. The only figure available is from the 2024 revision, which is Rs 10,100 per sq.ft.

What are the stamp duty and registration fees for this property?

The stamp duty for a property valued at Rs 1,01,00,000 would be Rs 7,07,000, and the registration fee would be Rs 2,02,000, totaling Rs 9,09,000.

Where is the Sub Registrar Office for this property located?

The Sub Registrar Office for S.no 2996/1 to 10 is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.