Guideline Value for UNIQUE TOWNSHIP

Unique Township guideline value

The current guideline value of Unique Township in Kondangi village, under the Thiruporur SRO, is Rs 350 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Special Type - III.

How the guideline value of Unique Township has changed

The guideline value for Unique Township has remained consistent over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. For the 2023 revision, the guideline value was Rs 350 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, there was a change of +0%, indicating no increase in the guideline value during this period. Therefore, the current guideline value reflects a stable pricing structure for this locality.

Guideline values in Kondangi

In Kondangi, there are four streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 350 to Rs 400 per sq.ft. The median guideline value for these streets is Rs 375 per sq.ft, placing Unique Township's 2024 figure below that median.

• Sree Thirumaal Nagar: Rs 400 per sq.ft (2024)
• Nikathan Paulsn Hill Front: Rs 400 per sq.ft (2024)
• Express Avenue: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Unique Township

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value would be Rs 3,50,000. The stamp duty at 7% would amount to Rs 24,500, and the registration fee at 2% would be Rs 7,000, totaling Rs 31,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Unique Township?

The Unique Township falls under 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 Kondangi

The guideline value is a crucial factor when registering property transactions in Kondangi. It determines the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for calculating the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the costs involved in the transaction process.

Frequently asked questions

What is the current guideline value of Unique Township?

The current guideline value of Unique Township in Kondangi village is Rs 350 per sq.ft as per the 2024 revision, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Unique Township has remained at Rs 350 per sq.ft from the 2023 revision to the 2024 revision, showing no increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Kondangi and their guideline values?

In addition to Unique Township, other streets in Kondangi include Sree Thirumaal Nagar at Rs 400 per sq.ft, Nikathan Paulsn Hill Front at Rs 400 per sq.ft, and Express Avenue at Rs 350 per sq.ft as per the 2024 revision.

What are the stamp duty and registration fees for property in Unique Township?

For a 1,000 sq.ft plot at the guideline value of Rs 350 per sq.ft, the total guideline value is Rs 3,50,000. The stamp duty would be Rs 24,500 and the registration fee would be Rs 7,000, totaling Rs 31,500.

Which Sub Registrar Office covers Unique Township?

The Unique Township falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.