Guideline Value for THIRUNAGAR

Thirunagar guideline value

The current guideline value of Thirunagar, located in Kalivanthapattu village under the Thiruporur SRO, is Rs 450 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Thirunagar has changed

The guideline value for Thirunagar has remained consistent at Rs 450 per sq.ft for both the 2023 and 2024 revisions. Prior to these revisions, the register has no figures for this street for the years 2017, 2012, 2007, 2003, and 2002.

From 2023 to 2024, there has been no change in the guideline value, maintaining a +0% adjustment. The absence of figures in earlier revisions indicates that there has been no recorded change in the guideline value for Thirunagar prior to 2023.

Guideline values in Kalivanthapattu

In Kalivanthapattu, there are 19 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 2,000 per sq.ft. The median guideline value for these streets is Rs 605 per sq.ft, making Thirunagar's 2024 figure below this median.

• Sundrapuram: Rs 600 per sq.ft (2024)
• Venkateshwara Nagar: Rs 800 per sq.ft (2024)
• Vgp New Gold Avenue: Rs 605 per sq.ft (2024)
• Vgp New Golden Avenue: Rs 605 per sq.ft (2024)
• Vigilance Nagar: Rs 600 per sq.ft (2024)
• Sri Nagar: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Thirunagar

For a 1,000 sq.ft plot at the current guideline value of Rs 450 per sq.ft, the total guideline value would be Rs 4,50,000. The stamp duty at 7% would amount to Rs 31,500, and the registration fee at 2% would be Rs 9,000, leading to a total of Rs 40,500. 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 information.

Which Sub Registrar Office covers Thirunagar?

The Thiruporur Sub Registrar Office covers Thirunagar, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Kalivanthapattu, the guideline value will be used to calculate the applicable stamp duty and registration fees.

During the registration process, buyers should be aware that the stamp duty is calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thirunagar?

The current guideline value of Thirunagar is Rs 450 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Thirunagar has remained at Rs 450 per sq.ft for both the 2023 and 2024 revisions. There are no recorded figures for this street in the years 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Kalivanthapattu?

Other streets in Kalivanthapattu have varying guideline values ranging from Rs 300 to Rs 2,000 per sq.ft. The median value among these streets is Rs 605 per sq.ft.

What fees are associated with property transactions in Thirunagar?

For property transactions in Thirunagar, buyers should consider the stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price. For example, a 1,000 sq.ft plot would incur a total fee of Rs 40,500.

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 all property registrations for Thirunagar.