Guideline Value for Thiruporur Road
₹2970/sq.ft.
The guideline value for Thiruporur Road in Hastinapuram village (Pallavaram SRO, Chengalpattu zone) is Rs 2970 per sq.ft, effective 1 July 2024. It was Rs 2700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Hastinapuram
Village
Pallavaram
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹2970 /sq.ft. |
| From 1-4-2023 | ₹2700 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1809 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹2700 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹840 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Thiruporur Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pallavaram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Thiruporur Road guideline value
The current guideline value of Thiruporur Road in Hastinapuram village is Rs 2,970 per sq.ft, effective from 1 July 2024. This area falls under the Pallavaram SRO and is classified as Residential Class I Type - I.
How the guideline value of Thiruporur Road has changed
The guideline value for Thiruporur Road has undergone several revisions over the years. In 2007, the value was Rs 840 per sq.ft, which increased significantly to Rs 2,700 per sq.ft in 2012. However, it saw a decrease to Rs 1,809 per sq.ft in 2017. The value then rose sharply to Rs 2,700 per sq.ft in 2023, and the latest revision in 2024 set it at Rs 2,970 per sq.ft, marking a 10% increase from the previous year.
From 2017 to 2023, the guideline value increased by 49%. The change from 2012 to 2017 was a decrease of 33%, while the jump from 2007 to 2012 was a remarkable 221%. Overall, from 2007 to 2024, there has been an increase of 254%. The register has no figures for the years 2002 and 2003 for this street.
Guideline values in Hastinapuram
In Hastinapuram, there are 277 streets under the Pallavaram SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 4,400 per sq.ft, with the median value being Rs 2,970 per sq.ft. The guideline value of Thiruporur Road is equal to this median.
- Thiruvalluvar Street: Rs 2,380 per sq.ft (2024)
- Thirumalai Nagar Extn.: Rs 2,970 per sq.ft (2024)
- Thiruvaluvar Nagar: Rs 2,380 per sq.ft (2024)
- Thiruvaluvar Nagar & Street: Rs 2,380 per sq.ft (2024)
- Thiru.VI.Ka 1 And 2nd Cross Street: Rs 2,380 per sq.ft (2024)
- Thiru.Vi.Ka.Nagar 2nd Street: Rs 2,380 per sq.ft (2024)
Stamp duty and registration fee for property in Thiruporur Road
For a 1,000 sq.ft plot at the current guideline value of Rs 2,970 per sq.ft, the total guideline value amounts to Rs 29,70,000. The stamp duty at 7% would be Rs 2,07,900, and the registration fee at 2% would be Rs 59,400, bringing the total cost to Rs 2,67,300. 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 Thiruporur Road?
The Thiruporur Road is covered by the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Hastinapuram
The guideline value plays a crucial role in the registration process of property transactions in Hastinapuram. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold. This ensures that the government receives the appropriate revenue from property transactions.
When you register a property, the guideline value is compared to the sale price. The higher of the two figures is used to calculate the applicable stamp duty and registration fees, ensuring that all property transactions are fairly accounted for.
Frequently asked questions
What is the current guideline value of Thiruporur Road?
The current guideline value of Thiruporur Road is Rs 2,970 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 840 per sq.ft in 2007 to Rs 2,970 per sq.ft in 2024, showing an overall increase of 254% over the years.
What is the classification of land on Thiruporur Road?
The land classification for Thiruporur Road is Residential Class I Type - I, indicating its suitability for residential purposes.
Where is the Pallavaram Sub Registrar Office located?
The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.
How is the stamp duty calculated for properties in Hastinapuram?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 29,70,000 would incur a stamp duty of Rs 2,07,900 at the rate of 7%.
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