Guideline Value for Susaiyapparpuram

Susaiyapparpuram guideline value

The current guideline value of Susaiyapparpuram, located in Thirupanthiyoor village under the Sunguvarchattram SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class IV Type - I.

How the guideline value of Susaiyapparpuram has changed

In the 2012 revision, the guideline value was set at Rs 200 per sq.ft. This figure remained unchanged in the subsequent 2017 revision, where it was Rs 134 per sq.ft. Following this, the 2023 revision again recorded the value at Rs 200 per sq.ft. The latest revision in 2024 has maintained the guideline value at Rs 200 per sq.ft, reflecting a 0% change from 2023.

When examining the changes between revisions, the value increased by 49% from 2017 to 2023. However, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 200 per sq.ft.

Guideline values in Thirupanthiyoor

In Thirupanthiyoor, there are 53 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 900 per sq.ft, with a median value of Rs 350 per sq.ft. The guideline value of Susaiyapparpuram is below this median.

• Susaiappar Street: Rs 200 per sq.ft (2024)
• Swathi Nagar: Rs 450 per sq.ft (2024)
• Swathi Nagar IV: Rs 612 per sq.ft (2024)
• Thirumanikuppam Salai: Rs 200 per sq.ft (2024)
• Thiruvallur Main Road(From PetrolBank To Anthoniyarpuram): Rs 450 per sq.ft (2024)
• Thomaiyar street: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Susaiyapparpuram

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total cost to Rs 18,000. 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 Susaiyapparpuram?

The Sub Registrar Office that covers Susaiyapparpuram is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Thirupanthiyoor. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared to 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 Susaiyapparpuram?

The current guideline value of Susaiyapparpuram is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft in the 2023 and 2024 revisions. It was Rs 134 per sq.ft in 2017 and Rs 200 per sq.ft in 2012.

What is the land classification for Susaiyapparpuram?

Susaiyapparpuram is classified as Residential Class IV Type - I, indicating its suitability for residential development.

How is stamp duty calculated in Susaiyapparpuram?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft would incur a total guideline value of Rs 2,00,000.

Where can I find the Sub Registrar Office for Susaiyapparpuram?

The Sub Registrar Office for Susaiyapparpuram is located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more details by visiting the provided link.