Guideline Value for Top Town II

Top Town II guideline value

The current guideline value for Top Town II in Kolathoor village, under the Thiruporur SRO, is Rs 1,595 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Special Type - III.

How the guideline value of Top Town II has changed

The guideline value for Top Town II has remained consistent over the years. The register shows no figures for the revisions in 2002, 2003, 2007, 2012, and 2017. The only recorded figure is from the 2023 revision, which is Rs 1,595 per sq.ft.

Since there have been no changes between the revisions, the current guideline value reflects the latest assessment by the Registration Department. The absence of figures for the previous years indicates that the guideline value has not been updated for this street until 2023.

Guideline values in Kolathoor

While there are no specific village figures available for Kolathoor, Top Town II is part of the overall guideline value assessment for the area. Currently, there are no other streets in Kolathoor under the Thiruporur SRO listed with a guideline value.

Stamp duty and registration fee for property in Top Town II

For a 1,000 sq.ft plot at the current rate of Rs 1,595 per sq.ft, the guideline value amounts to Rs 15,95,000. The stamp duty at 7% would be Rs 1,11,650, and the registration fee at 2% would be Rs 31,900. Together, the total cost would be Rs 1,43,550. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Top Town II?

The Sub Registrar Office that covers Top Town II is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Kolathoor. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Top Town II?

The current guideline value of Top Town II is Rs 1,595 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Top Town II has not changed between revisions. The only recorded figure is from the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Top Town II?

The land classification for Top Town II is Mixed Special Type - III, which indicates its designated use under local regulations.

Where is the Thiruporur Sub Registrar Office located?

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

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total cost would include both stamp duty and registration fees, amounting to Rs 1,43,550.