Guideline Value for Thirumurugan Nagar

Thirumurugan Nagar guideline value

The current guideline value of Thirumurugan Nagar is Rs 400 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 I Type - I.

How the guideline value of Thirumurugan Nagar has changed

The guideline value for Thirumurugan Nagar has remained consistent at Rs 400 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

In the 2024 revision, the guideline value was revised to Rs 400 per sq.ft, which is the same as the 2023 revision, indicating no percentage change between these two years. The 2024 figure aligns with the median guideline value of Rs 400 per sq.ft for Vallam_B village.

Guideline values in Vallam_B

Vallam_B village has a total of 73 streets under the Sriperumpudur SRO that carry a guideline value for 2024, ranging from Rs 150 to Rs 1,950 per sq.ft. The median value is Rs 400 per sq.ft, and Thirumurugan Nagar's 2024 figure matches this median.

• Thirumuruga Variyar Nagar: Rs 400 per sq.ft (2024)
• Thideer Nagar Cross Street: Rs 150 per sq.ft (2024)
• Thideer Nagar 1st Street: Rs 200 per sq.ft (2024)
• Thideer Nagar: Rs 200 per sq.ft (2024)
• Temple Town: Rs 400 per sq.ft (2024)
• Vallakottai Murugan Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Thirumurugan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. It is important to note that the 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 Thirumurugan Nagar?

The Sub Registrar Office that covers Thirumurugan Nagar 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 crucial factor during property registration in Vallam_B. It determines the minimum value at which a property can be registered and is used to calculate applicable stamp duties and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair price, reflecting the official valuation set by the registration department. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Thirumurugan Nagar?

The current guideline value of Thirumurugan Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Thirumurugan Nagar has remained at Rs 400 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Vallam_B?

The median guideline value in Vallam_B is Rs 400 per sq.ft, which is the same as the guideline value for Thirumurugan Nagar.

What are the stamp duty and registration fees for property in Thirumurugan Nagar?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000 and the registration fee would be Rs 8,000, totaling Rs 36,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Thirumurugan Nagar?

The Sub Registrar Office for Thirumurugan Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more details online.