Guideline Value for Stonewarepipe Company

Stonewarepipe Company guideline value

The current guideline value for Stonewarepipe Company in Thiruvallur village, under the Tiruvallur Joint 1 SRO, is Rs 1,650 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class I Type - I land classification.

How the guideline value of Stonewarepipe Company has changed

The guideline value for Stonewarepipe Company has undergone several revisions over the years. The earliest recorded figure is from 2007, which was Rs 200 per sq.ft. This increased significantly to Rs 1,500 per sq.ft in 2012, marking a 650% rise. However, it then decreased to Rs 1,005 per sq.ft in 2017, which was a 33% drop. Following this, the value saw a substantial increase to Rs 1,500 per sq.ft in 2023, and then further to Rs 1,650 per sq.ft in the 2024 revision, reflecting a 10% increase.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2007 figure to the current 2024 value, there has been a remarkable increase of 725%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thiruvallur

In Thiruvallur, there are 172 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 3,850 per sq.ft. The median guideline value in this area is Rs 1,100 per sq.ft, placing the Stonewarepipe Company guideline value above this median.

• Subramaniya Siva Street: Rs 1,650 per sq.ft (2024)
• Thagilikpttai Street.: Rs 1,100 per sq.ft (2024)
• Thalakkanjeri Road (A) Kamarasar St.: Rs 1,100 per sq.ft (2024)
• Thalamuthu natarajan Street: Rs 1,100 per sq.ft (2024)
• Thanthaiperiyer Street: Rs 1,100 per sq.ft (2024)
• Theradi Street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Stonewarepipe Company

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees together to Rs 1,48,500. 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 details.

Which Sub Registrar Office covers Stonewarepipe Company?

The Stonewarepipe Company is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Thiruvallur. It is used to determine the stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is essential for buyers and sellers alike, as it ensures compliance with local regulations and helps in accurately assessing the costs involved in property transactions in the area.

Frequently asked questions

What is the current guideline value for Stonewarepipe Company?

The current guideline value for Stonewarepipe Company is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, reflecting an overall increase of 725% over the years.

What is the land classification for Stonewarepipe Company?

Stonewarepipe Company falls under the Residential Class I Type - I land classification.

What are the stamp duty and registration fees for a property in Stonewarepipe Company?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,50,000, resulting in a stamp duty of Rs 1,15,500 and a registration fee of Rs 33,000, totaling Rs 1,48,500.

Which office handles registrations for Stonewarepipe Company?

The Tiruvallur Joint 1 Sub Registrar Office handles registrations for Stonewarepipe Company, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.