Guideline Value for Thagilikpttai Street.

Thagilikpttai Street. guideline value

The current guideline value of Thagilikpttai Street. is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Thiruvallur village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Thagilikpttai Street. has changed

The guideline value for Thagilikpttai Street. has seen several revisions over the years. In 2007, the value was Rs 320 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a rise of 213%. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, a drop of 33%. The 2023 revision set the value at Rs 1,000 per sq.ft, which then increased to Rs 1,100 per sq.ft in 2024, reflecting a 10% rise.

Overall, from 2007 to 2024, the guideline value has increased by 244%. The register does not have figures for the years 2002 and 2003 for this street.

Guideline values in Thiruvallur

In Thiruvallur, there are 172 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 3,850 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, placing Thagilikpttai Street. at the median value.

• Thalakkanjeri Road (A) Kamarasar St.: Rs 1,100 per sq.ft (2024)
• Thalamuthu natarajan Street: Rs 1,100 per sq.ft (2024)
• Thanthaiperiyer Street: Rs 1,100 per sq.ft (2024)
• Theradi Street: Rs 3,300 per sq.ft (2024)
• Thilagar Street: Rs 1,100 per sq.ft (2024)
• Subramaniya Siva Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Thagilikpttai Street.

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thagilikpttai Street.?

The Sub Registrar Office that covers Thagilikpttai Street. is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Thiruvallur. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately and legally.

Frequently asked questions

What is the current guideline value of Thagilikpttai Street.?

The current guideline value of Thagilikpttai Street. is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 320 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 244% over the years.

What is the land classification for Thagilikpttai Street.?

The land classification for Thagilikpttai Street. is Residential Class I Type - III.

Where can I find the Sub Registrar Office for Thagilikpttai Street.?

The Sub Registrar Office for Thagilikpttai Street. is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

How is the stamp duty calculated for properties in Thagilikpttai Street.?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a plot of 1,000 sq.ft at the current guideline value, the stamp duty would be Rs 77,000.