Guideline Value

Corporate

Guideline Value for THIRUPATHY NAGAR

₹100/sq.ft.

The guideline value for Thirupathy Nagar in Marutham village (Walajabad SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Marutham

Village

Walajabad

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sriperumbudur Road, Walajabad-631 605
044-27257430
[email protected]

DRO (District Registrar Office)

No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Thirupathy Nagar

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Thirupathy Nagar guideline value

The current guideline value of Thirupathy Nagar, located in Marutham village under the Walajabad SRO, is Rs 100 per sq.ft. This value is effective from the 2024 revision, which took effect on 1 July 2024. The land classification for this area is Residential Class I Type - II.

How the guideline value of Thirupathy Nagar has changed

The guideline value for Thirupathy Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 100 per sq.ft, which remained unchanged until the 2023 revision, where it also stood at Rs 100 per sq.ft. The 2017 revision had recorded a lower value of Rs 67 per sq.ft. Overall, from 2012 to 2024, the guideline value has not changed, remaining at Rs 100 per sq.ft, with a 49% increase from 2017 to 2023.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Thus, the guideline values from those years do not exist in the register for Thirupathy Nagar.

Guideline values in Marutham

In Marutham, there are eight streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 300 per sq.ft. The median guideline value for these streets is Rs 150 per sq.ft, placing Thirupathy Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Thirupathy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. It is important to note that the stamp 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 Thirupathy Nagar?

The Sub Registrar Office that covers Thirupathy Nagar is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Marutham. It is used to determine the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When registering a property, the buyer must pay the applicable stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Thirupathy Nagar?

The current guideline value for Thirupathy Nagar is Rs 100 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft from 2012 to 2024, with a previous value of Rs 67 per sq.ft noted in the 2017 revision. There was a 49% increase from 2017 to 2023, but no change from 2023 to 2024.

Which Sub Registrar Office is responsible for Thirupathy Nagar?

The Walajabad Sub Registrar Office is responsible for Thirupathy Nagar, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

What are the stamp duty and registration fees for a property in Thirupathy Nagar?

For a property valued at Rs 1,00,000, the stamp duty would be Rs 7,000 and the registration fee would be Rs 2,000, totaling Rs 9,000. The duty is charged on the higher of the guideline value or the sale price.

Are there other streets in Marutham with different guideline values?

Yes, there are other streets in Marutham under the Walajabad SRO with guideline values ranging from Rs 100 to Rs 300 per sq.ft. The median value for these streets is Rs 150 per sq.ft.