Guideline Value for SANDS

Sands guideline value

The current guideline value of Sands, located in Kanathur Reddykuppam village under the Thiruporur SRO, is Rs 2,500 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Special Type - I.

How the guideline value of Sands has changed

Since the 2012 revision, the guideline value for Sands has remained unchanged at Rs 2,500 per sq.ft. The 2017 revision saw a decrease to Rs 1,675 per sq.ft, which was a drop of 33% from the previous figure in 2012. However, the subsequent 2023 revision increased the guideline value back to Rs 2,500 per sq.ft, marking a significant rise of 49% from the 2017 value.

Overall, from the 2012 revision to the 2023 revision, the guideline value has seen no change, remaining at Rs 2,500 per sq.ft. It is important to note that the register has no figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kanathur Reddykuppam

There are no specific village figures provided for Kanathur Reddykuppam. Currently, Sands is the only street under the Thiruporur SRO for which we have guideline values.

Stamp duty and registration fee for property in Sands

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total cost to Rs 2,25,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sands?

The Sands 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 more information.

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

The guideline value is a crucial factor in the registration process of properties in Kanathur Reddykuppam. When buying or selling property, the guideline value helps determine the stamp duty and registration fees that need to be paid, ensuring compliance with local regulations.

It is essential for both buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of property transactions. Accurate knowledge of the guideline value can help in better planning and budgeting for property purchases.

Frequently asked questions

What is the current guideline value for Sands?

The current guideline value for Sands is Rs 2,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, and then back to Rs 2,500 per sq.ft in 2023. Overall, from 2012 to 2023, the value has remained the same.

What land classification is Sands under?

Sands is classified as Mixed Special Type - I, which indicates its zoning and usage regulations.

What is the stamp duty rate in Sands?

The stamp duty rate for property transactions in Sands is 7% of the guideline value or 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.