Guideline Value for TOP LAND

Top Land guideline value

The current guideline value of Top Land in Kolathoor village, under the Thiruporur SRO, is Rs 1,642 per sq.ft. This area is classified as Mixed Type - III.

How the guideline value of Top Land has changed

The guideline value for Top Land has undergone several revisions over the years. The oldest available figure is from the 2017 revision, which was Rs 1,100 per sq.ft. The most recent revision in 2023 shows an increase to Rs 1,642 per sq.ft, marking a significant change of +49% from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street, indicating that the guideline value has not been set for those years.

Guideline values in Kolathoor

Currently, there are no specific village figures provided for Kolathoor. Top Land is one of the streets within this village, and there are no other streets in Kolathoor under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Top Land

For a 1,000 sq.ft plot at the current guideline value of Rs 1,642 per sq.ft, the total guideline value would be Rs 16,42,000. The stamp duty at 7% would amount to Rs 1,14,940, and the registration fee at 2% would be Rs 32,840, bringing the total to Rs 1,47,780. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Top Land?

The Sub Registrar Office that covers Top Land is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kolathoor. It helps determine the stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property transaction occurs, the guideline value ensures that the transaction is recorded accurately and fairly, reflecting the value of the property as per the latest revisions. This is essential for legal and financial clarity during property dealings.

Frequently asked questions

What is the current guideline value of Top Land?

The current guideline value of Top Land in Kolathoor village is Rs 1,642 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value of Top Land has increased from Rs 1,100 per sq.ft to Rs 1,642 per sq.ft, representing a change of +49%.

Are there any guideline values for previous revisions?

There are no guideline values available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Top Land. The only figures available are from the 2017 and 2023 revisions.

What is the registration fee for property in Top Land?

The registration fee for property in Top Land is calculated at 2% of the guideline value. For a plot of 1,000 sq.ft, this would amount to Rs 32,840 based on the current guideline value.

How is stamp duty calculated in Kolathoor?

Stamp duty in Kolathoor is charged at 7% on the higher of the guideline value or the sale price. For example, if the guideline value is Rs 16,42,000, the stamp duty would be Rs 1,14,940.