Guideline Value for SAMBALLAL STREET

Samballal Street guideline value

The current guideline value of Samballal Street is Rs 1,400 per sq.ft. This street is located in Navaloor village and falls under the Thiruporur SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Samballal Street has changed

The guideline value of Samballal Street has undergone several revisions over the years. Starting from the 2007 revision, the guideline value was Rs 475 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 111%. However, the 2017 revision saw a decrease to Rs 670 per sq.ft, which was a drop of 33%. The most recent revision in 2023 set the guideline value at Rs 1,400 per sq.ft, reflecting an increase of 109% from 2017.

Overall, from 2007 to 2023, the guideline value has increased by 195%. It is worth noting that there are no figures available for the years 2002, 2003, and 2024 in the register for this street.

Guideline values in Navaloor

Currently, there are no specific village figures available for Navaloor. Samballal Street is one of the streets within this area, and there are no other streets in Navaloor listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Samballal Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000. Together, this totals Rs 1,26,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Samballal Street?

The Sub Registrar Office that covers Samballal Street is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role during the registration of property transactions in Navaloor. When buying or selling a property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that all transactions are conducted fairly and transparently.

During the registration process, the higher value between the guideline value and the sale price is considered for calculating the stamp duty. This ensures that the state government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Samballal Street?

The current guideline value of Samballal Street is Rs 1,400 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 475 per sq.ft to Rs 1,400 per sq.ft in 2023, reflecting a total increase of 195% over the years.

What is the stamp duty rate for properties in Samballal Street?

The stamp duty rate for properties in Samballal Street is 7% of the guideline value or the sale price, whichever is higher.

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.

Are there any other streets in Navaloor listed under the Thiruporur SRO?

Currently, there are no other streets in Navaloor listed under the Thiruporur SRO. Samballal Street is the only street mentioned.