Guideline Value for The Orchard

The Orchard guideline value

The current guideline value of The Orchard in Sirucheri village, under the Thiruporur SRO, is Rs 3,000 per sq.ft. This value was established in the 2023 revision, and the land classification for this area is Residential Special Type - I.

How the guideline value of The Orchard has changed

The guideline value for The Orchard has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 2,010 per sq.ft. This marked an increase of 49% to the current value of Rs 3,000 per sq.ft in the 2023 revision. The register has no figures for the years 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, the increase from Rs 2,010 to Rs 3,000 reflects a notable change in the guideline value. The absence of figures for previous revisions indicates that the value has been primarily established through the more recent revisions.

Guideline values in Sirucheri

Currently, there are no specific village figures available for Sirucheri. The Orchard is part of the Thiruporur SRO, which does not list any other streets in Sirucheri with guideline values.

Stamp duty and registration fee for property in The Orchard

For a 1,000 sq.ft plot at the current guideline value of Rs 3,000 per sq.ft, the total guideline value amounts to Rs 30,00,000. The stamp duty, charged at 7%, would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000. Together, these fees total Rs 2,70,000. It is important to note that 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 The Orchard?

The Orchard falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Sirucheri. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded at a fair value. This helps in maintaining transparency in property transactions, as the guideline value is regularly updated to reflect changes in the real estate landscape.

Frequently asked questions

What is the current guideline value of The Orchard?

The current guideline value of The Orchard is Rs 3,000 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 2,010 per sq.ft to Rs 3,000 per sq.ft, which is a rise of 49%.

Are there any guideline values for previous years?

The register has no figures for the years 2024, 2012, 2007, 2003, and 2002 for The Orchard. The only available figures are from the 2017 and 2023 revisions.

What are the stamp duty and registration fees for The Orchard?

The stamp duty for a property valued at Rs 30,00,000 would be Rs 2,10,000, and the registration fee would be Rs 60,000, totaling Rs 2,70,000.

Which office handles the registration for The Orchard?

The registration for The Orchard is handled by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.