Guideline Value for Sis Cape town Phase-IV

Sis Cape town Phase-IV guideline value

The current guideline value for Sis Cape town Phase-IV is Rs 4,478 per sq.ft. This property is located in Soorapattu village, under the Ambattur SRO. The land classification for this area is Residential Special Type - IV.

How the guideline value of Sis Cape town Phase-IV has changed

The guideline value for Sis Cape town Phase-IV has remained consistent in recent revisions. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 4,478 per sq.ft, and this figure was unchanged in the 2024 revision, which also lists the value at Rs 4,478 per sq.ft, indicating a change of +0% from the previous year.

Overall, there have been no fluctuations in the guideline value for Sis Cape town Phase-IV over the last two revisions, reflecting stability in the valuation for this property.

Guideline values in Soorapattu

In Soorapattu, there are 115 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,100 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for Sis Cape town Phase-IV is above this median, indicating its relative positioning within the local market.

• Sis Cape town Phase-III: Rs 4,478 per sq.ft (2024)
• S I S Capetown Phase-II: Rs 3,400 per sq.ft (2024)
• S I S Capetown: Rs 3,400 per sq.ft (2024)
• Sivaprakasam Nagar: Rs 1,900 per sq.ft (2024)
• Somci Boy Nagar: Rs 1,300 per sq.ft (2024)
• Soorapattu Main Road: Rs 1,900 per sq.ft (2024)

Stamp duty and registration fee for property in Sis Cape town Phase-IV

For a 1,000 sq.ft plot at the current guideline value of Rs 4,478 per sq.ft, the total guideline value amounts to Rs 44,78,000. The stamp duty at 7% would be Rs 3,13,460, and the registration fee at 2% would be Rs 89,560, bringing the total fees to Rs 4,03,020. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sis Cape town Phase-IV?

The Sub Registrar Office that covers Sis Cape town Phase-IV is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Soorapattu. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is considered to ensure that the transaction adheres to the legal requirements. This helps in maintaining transparency and consistency in property valuations within the region.

Frequently asked questions

What is the current guideline value for Sis Cape town Phase-IV?

The current guideline value for Sis Cape town Phase-IV is Rs 4,478 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sis Cape town Phase-IV has remained at Rs 4,478 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Sis Cape town Phase-IV?

The land classification for Sis Cape town Phase-IV is Residential Special Type - IV, indicating its designated use within the area.

What are the stamp duty and registration fees for Sis Cape town Phase-IV?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 3,13,460, and the registration fee would be Rs 89,560, totaling Rs 4,03,020.

Where can I find the Sub Registrar Office for Sis Cape town Phase-IV?

The Sub Registrar Office for Sis Cape town Phase-IV is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.