Guideline Value for SRI KARPAGA VINAYAGA AVENUE

Sri Karpaga Vinayaga Avenue guideline value

The current guideline value of Sri Karpaga Vinayaga Avenue is Rs 3,135 per sq.ft, as per the 2023 revision. This street is located in Thazhampoor village and falls under the Thiruporur SRO. The land classification for this area is Mixed Type - II.

How the guideline value of Sri Karpaga Vinayaga Avenue has changed

In the 2017 revision, the guideline value was Rs 2,100 per sq.ft. This figure increased to Rs 3,135 per sq.ft in the 2023 revision, marking a change of +49%. The register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2024.

From the 2017 to 2023 revision, the increase reflects a significant adjustment in the guideline value. The absence of figures in earlier revisions indicates that the property value was not assessed for those years.

Guideline values in Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. The guideline value for Sri Karpaga Vinayaga Avenue is Rs 3,135 per sq.ft. There are no other streets in Thazhampoor listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Sri Karpaga Vinayaga Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 31,35,000. The stamp duty at 7% would be Rs 2,19,450, and the registration fee at 2% would be Rs 62,700, bringing the total to Rs 2,82,150. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Karpaga Vinayaga Avenue?

The Sri Karpaga Vinayaga Avenue is covered by the Thiruporur Sub Registrar Office located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Thazhampoor. It serves as a benchmark for determining the applicable stamp duty and registration fees, which are based on the guideline value or the sale price, whichever is higher.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, facilitating transparency in the real estate market. This value is essential for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Sri Karpaga Vinayaga Avenue?

The current guideline value of Sri Karpaga Vinayaga Avenue is Rs 3,135 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 2,100 per sq.ft to Rs 3,135 per sq.ft, which is a change of +49%.

Are there any guideline values for earlier revisions?

The register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for Sri Karpaga Vinayaga Avenue.

What is the stamp duty rate for property in Sri Karpaga Vinayaga Avenue?

The stamp duty for property in Sri Karpaga Vinayaga Avenue is charged at a rate of 7% on 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.