Guideline Value for THULIR

Thulir guideline value

The current guideline value of Thulir, Sengundram - 1 village, under the Chengleput Joint II SRO is Rs 1,320 per sq.ft, effective from 1 July 2024. This area falls under the Residential Special Type - II land classification.

How the guideline value of Thulir has changed

In the 2023 revision, the guideline value for Thulir was Rs 1,200 per sq.ft. The recent 2024 revision has increased this figure to Rs 1,320 per sq.ft, marking a change of +10%. The register has no figures for the revisions in the years 2002, 2003, 2007, 2012, and 2017.

Thus, the only available revisions for the guideline value of Thulir are from 2023 and 2024. The increase from the previous year reflects the current valuation trends in the area.

Guideline values in Sengundram - 1

In Sengundram - 1, there are 126 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 3,285 per sq.ft, with a median value of Rs 880 per sq.ft. The guideline value for Thulir is above this median.

• Thriukatchur Scheme (Chen): Rs 1,320 per sq.ft (2024)
• Vagrathunda Nagar (Chen): Rs 660 per sq.ft (2024)
• Thirumurugan Nagar (Chen): Rs 880 per sq.ft (2024)
• Thirumalai Nagar (Chen): Rs 880 per sq.ft (2024)
• Vandipalaiyathamman Koil Street (Chen): Rs 660 per sq.ft (2024)
• Thilakar V O C Nagar (Chen): Rs 660 per sq.ft (2024)

Stamp duty and registration fee for property in Thulir

For a 1,000 sq.ft plot at the current rate of Rs 1,320 per sq.ft, the guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, while the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thulir?

The Sub Registrar Office that covers Thulir is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sengundram - 1

The guideline value is a crucial factor when registering property transactions in Sengundram - 1. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling a property, the guideline value serves as a reference point for both buyers and sellers. It helps in assessing the value of the property and facilitates a smoother registration process at the Sub Registrar Office.

Frequently asked questions

What is the current guideline value of Thulir?

The current guideline value of Thulir is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

The guideline value increased from Rs 1,200 per sq.ft in 2023 to Rs 1,320 per sq.ft in 2024, reflecting a change of +10%.

What is the land classification for Thulir?

Thulir is classified under the Residential Special Type - II land classification.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is the stamp duty calculated for properties in Thulir?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,320 per sq.ft, the total guideline value would be Rs 13,20,000.