Guideline Value for Shree Chaitanya

Shree Chaitanya guideline value

The current guideline value of Shree Chaitanya is Rs 2,000 per sq.ft, as per the 2023 revision. This property is located in Kovalam village under the Thiruporur SRO, with a land classification of Mixed Type - II.

How the guideline value of Shree Chaitanya has changed

Over the years, the guideline value for Shree Chaitanya has been recorded in the register for the year 2023 at Rs 2,000 per sq.ft. The register has no figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

There have been no changes between the revisions above, indicating that the guideline value has remained consistent since the last recorded figure in 2023.

Guideline values in Kovalam

No specific village figures are provided for Kovalam. Shree Chaitanya is part of the Kovalam area, which currently has no other streets listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Shree Chaitanya

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, together totaling Rs 1,80,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Shree Chaitanya?

The Shree Chaitanya property falls under 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 Kovalam

The guideline value is an important factor in the registration process when buying or selling property in Kovalam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately according to the prevailing rates.

When you register a property, the guideline value is compared to the sale price, and the higher of the two is used to determine 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 for Shree Chaitanya?

The current guideline value for Shree Chaitanya is Rs 2,000 per sq.ft, as per the 2023 revision.

What revisions have been recorded for Shree Chaitanya?

The guideline value register has recorded figures only for the year 2023, with no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

How is stamp duty calculated for property in Shree Chaitanya?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value of Rs 20,00,000 would incur a stamp duty of Rs 1,40,000 at 7%.

Which office handles the registration for Shree Chaitanya?

The registration for Shree Chaitanya is handled by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

What is the land classification for Shree Chaitanya?

The land classification for Shree Chaitanya is Mixed Type - II, indicating a diverse use of land in the area.