Guideline Value for SUNDRAPURAM

Sundrapuram guideline value

The current guideline value of Sundrapuram, located in Kalivanthapattu village under the Thiruporur SRO, is Rs 600 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Sundrapuram has changed

According to the guideline value register, there have been no recorded figures for Sundrapuram in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 600 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, the guideline value saw no percentage increase, remaining at Rs 600 per sq.ft. This consistency indicates stability in the valuation for this street over the past two revisions.

Guideline values in Kalivanthapattu

In Kalivanthapattu, there are 19 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft. The median guideline value for the village is Rs 605 per sq.ft, placing Sundrapuram's 2024 figure below that median.

• Thirunagar: Rs 450 per sq.ft (2024)
• Sri Nagar: Rs 450 per sq.ft (2024)
• Sri Munnusamy Nagar: Rs 600 per sq.ft (2024)
• Sri Kuberan Avenue: Rs 450 per sq.ft (2024)
• Sri Krishna Nagar: Rs 605 per sq.ft (2024)
• Sri Aishwaryam Nagar: Rs 896 per sq.ft (2024)

Stamp duty and registration fee for property in Sundrapuram

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sundrapuram?

The Sub Registrar Office that covers Sundrapuram 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 Kalivanthapattu

The guideline value plays a crucial role during the registration of property transactions in Kalivanthapattu. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sundrapuram?

The current guideline value of Sundrapuram is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained stable at Rs 600 per sq.ft since the 2023 revision, with no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the guideline values for other streets in Kalivanthapattu?

Other streets in Kalivanthapattu have varying guideline values, ranging from Rs 300 to Rs 2,000 per sq.ft. The median value for the village is Rs 605 per sq.ft.

How is stamp duty calculated in Sundrapuram?

Stamp duty in Sundrapuram is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 at a rate of 7%.

Where can I find the Sub Registrar Office for Sundrapuram?

The Sub Registrar Office for Sundrapuram is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find more details by visiting the relevant links.