Guideline Value for TNHB THIRUKATCHUR

Tnhb Thirukatchur guideline value

The current guideline value for Tnhb Thirukatchur is Rs 2,200 per sq.ft, effective from 1 July 2024. This village falls under the Chengleput Joint II SRO and is classified as Residential Special Type - II.

How the guideline value of Tnhb Thirukatchur has changed

The guideline value for Tnhb Thirukatchur has undergone several revisions over the years. The 2012 revision set the value at Rs 2,000 per sq.ft, which was then reduced to Rs 1,340 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 2,000 per sq.ft in 2023, and finally, it rose to Rs 2,200 per sq.ft in the 2024 revision. The register has no figures for this street in 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 reflects a 10% increase.

Guideline values in Thirukkachur - 1

In Thirukkachur - 1, there are 86 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 385 to Rs 3,300 per sq.ft. The median value is Rs 660 per sq.ft, making Tnhb Thirukatchur's 2024 figure above the median.

• Transport Avenue: Rs 550 per sq.ft (2024)
• Thriuvallurvar Street: Rs 550 per sq.ft (2024)
• Thiyagarajar Street: Rs 550 per sq.ft (2024)
• Thiyagarajapuram Nagar: Rs 660 per sq.ft (2024)
• Thirukatchur South: Rs 550 per sq.ft (2024)
• Thirukatchur Periyar Nagar: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Tnhb Thirukatchur

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Tnhb Thirukatchur?

The Sub Registrar Office that covers Tnhb Thirukatchur 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 Thirukkachur - 1

The guideline value plays a crucial role in the registration process of property transactions in Thirukkachur - 1. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transactions are recorded at a fair value.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the government receives appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Tnhb Thirukatchur?

The current guideline value of Tnhb Thirukatchur is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent increase being from Rs 2,000 per sq.ft in 2023 to Rs 2,200 per sq.ft in 2024, marking a 10% increase.

What is the land classification of Tnhb Thirukatchur?

Tnhb Thirukatchur is classified as Residential Special Type - II, which is important for understanding the zoning regulations and potential uses of the land.

Where can I find the Sub Registrar Office for Tnhb Thirukatchur?

The Chengleput Joint II Sub Registrar Office covers Tnhb Thirukatchur and is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is stamp duty calculated in Tnhb Thirukatchur?

Stamp duty in Tnhb Thirukatchur is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is charged on the same amount.