Guideline Value for THAI HOMES THANIGAI AVENUE

Thai Homes Thanigai Avenue guideline value

The current guideline value for Thai Homes Thanigai Avenue is Rs 1,250 per sq.ft. This property is located in Kayar village, under the Thiruporur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Thai Homes Thanigai Avenue has changed

The guideline value register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017 for Thai Homes Thanigai Avenue. The most recent revision in 2023 set the guideline value at Rs 1,250 per sq.ft, which remains unchanged from previous revisions.

Since there are no figures available for the earlier revisions, the current guideline value of Rs 1,250 per sq.ft reflects the only recorded value for this street in the register as of 2023.

Guideline values in Kayar

Currently, there are no specific village figures available for Kayar. Thai Homes Thanigai Avenue is the only street mentioned, and there are no other streets in Kayar under the Thiruporur SRO.

Stamp duty and registration fee for property in Thai Homes Thanigai Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,250 per sq.ft, the total guideline value would be Rs 12,50,000. The stamp duty at 7% would amount to Rs 87,500, and the registration fee at 2% would be Rs 25,000, bringing the total fees to Rs 1,12,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thai Homes Thanigai Avenue?

The Thai Homes Thanigai Avenue falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kayar. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the transaction is recorded accurately in the official register.

Frequently asked questions

What is the current guideline value of Thai Homes Thanigai Avenue?

The current guideline value of Thai Homes Thanigai Avenue is Rs 1,250 per sq.ft, as per the 2023 revision.

What land classification does Thai Homes Thanigai Avenue fall under?

Thai Homes Thanigai Avenue is classified as Commercial Class I Type - I, which indicates its intended use for commercial purposes.

Have there been any changes in the guideline value for Thai Homes Thanigai Avenue?

There have been no changes in the guideline value for Thai Homes Thanigai Avenue since the 2023 revision, which set the value at Rs 1,250 per sq.ft. Previous revisions do not have figures recorded for this street.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles the registration of properties in the area.

How is stamp duty calculated for properties in Thai Homes Thanigai Avenue?

Stamp duty for properties in Thai Homes Thanigai Avenue is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 1,250 per sq.ft, the total fees would amount to Rs 1,12,500, including stamp duty and registration fees.