Guideline Value for Thideer Nagar Cross Street

Thideer Nagar Cross Street guideline value

The current guideline value of Thideer Nagar Cross Street is Rs 150 per sq.ft, effective from 1 July 2024. This street is located in Vallam_B village under the Sriperumpudur SRO and is classified as Residential Class IV Type - I.

How the guideline value of Thideer Nagar Cross Street has changed

The guideline value for Thideer Nagar Cross Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 150 per sq.ft, which is unchanged from the 2023 revision. Prior to that, the 2017 revision had a guideline value of Rs 100 per sq.ft, marking a 50% increase from 2017 to 2023 and an overall increase of 50% from 2017 to 2024.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The absence of data for these years indicates that the guideline value remained unrecorded during those periods.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 150 to Rs 1,950 per sq.ft, with a median value of Rs 400 per sq.ft. Thideer Nagar Cross Street's 2024 figure is below this median.

• Thideer Nagar 1st Street: Rs 200 per sq.ft (2024)
• Thideer Nagar: Rs 200 per sq.ft (2024)
• Thirumurugan Nagar: Rs 400 per sq.ft (2024)
• Thirumuruga Variyar Nagar: Rs 400 per sq.ft (2024)
• Temple Town: Rs 400 per sq.ft (2024)
• Sri Vishnu Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Thideer Nagar Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value would be Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, bringing the total fees to Rs 13,500. It is important to note that the 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 more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Thideer Nagar Cross Street?

The Sub Registrar Office that covers Thideer Nagar Cross Street is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

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

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both buyers and sellers are aware of the financial obligations associated with the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Thideer Nagar Cross Street?

The current guideline value of Thideer Nagar Cross Street is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 150 per sq.ft from 2023 to 2024, while it increased from Rs 100 per sq.ft in 2017 to Rs 150 per sq.ft in 2023, marking a 50% increase over that period.

What are the registration fees for a property in Thideer Nagar Cross Street?

For a property valued at Rs 1,50,000, the stamp duty would be Rs 10,500 at 7%, and the registration fee would be Rs 3,000 at 2%, totaling Rs 13,500 in fees.

Which office handles property registrations for Thideer Nagar Cross Street?

The Sriperumpudur Sub Registrar Office handles property registrations for Thideer Nagar Cross Street, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What is the land classification for Thideer Nagar Cross Street?

Thideer Nagar Cross Street is classified as Residential Class IV Type - I, indicating its designation for residential use.