Guideline Value for SUSEE ALIGHT

Susee Alight guideline value

The current guideline value of Susee Alight in Padoor village is Rs 810 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class III Type - II land classification and is registered at the Sunguvarchattram SRO.

How the guideline value of Susee Alight has changed

The guideline value for Susee Alight has remained consistent across several revisions. The 2017 revision recorded a guideline value of Rs 810 per sq.ft, which was unchanged in the 2023 revision. The latest revision in 2024 also maintains this figure at Rs 810 per sq.ft.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, there has been no change in the guideline value, reflecting a steady value of Rs 810 per sq.ft across the years.

Guideline values in Padoor

In Padoor, there are 22 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,700 per sq.ft. The median value for these streets is Rs 705 per sq.ft, placing Susee Alight's 2024 figure above this median.

• Thendral: Rs 1,209 per sq.ft (2024)
• SriRam Naidu veedhi: Rs 200 per sq.ft (2024)
• P.V.K Street: Rs 200 per sq.ft (2024)
• Poonnamallee TharSalai: Rs 200 per sq.ft (2024)
• MGR Street: Rs 150 per sq.ft (2024)
• Madha Koil Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Susee Alight

For a 1,000 sq.ft plot at the current guideline value of Rs 810 per sq.ft, the total guideline value amounts to Rs 8,10,000. The stamp duty at 7% would be Rs 56,700, and the registration fee at 2% would be Rs 16,200, bringing the total cost for these charges to Rs 72,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Susee Alight?

The Susee Alight property is covered by the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. To find your SRO, visit find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Padoor. It serves as the baseline for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When a buyer or seller engages in a property transaction, they must consider the guideline value to understand their financial obligations. This value helps in determining the costs associated with the registration process and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Susee Alight?

The current guideline value of Susee Alight is Rs 810 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 810 per sq.ft from 2017 to 2024, with no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification of Susee Alight?

Susee Alight is classified under Residential Class III Type - II, indicating its designation for residential use.

What are the stamp duty and registration fees for property in Susee Alight?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 8,10,000, the total fees amount to Rs 72,900.

Where can I find the Sub Registrar Office for Susee Alight?

The Sub Registrar Office for Susee Alight is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO through the provided link.