Guideline Value for ARANA ENCLAVE

Arana Enclave guideline value

The current guideline value of Arana Enclave is Rs 1,000 per sq.ft. This property is located in Thaiyur-A village under the Thiruporur SRO and is classified as Residential Class I Type - II.

How the guideline value of Arana Enclave has changed

The guideline value for Arana Enclave has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 670 per sq.ft. This figure was updated in the 2023 revision to Rs 1,000 per sq.ft, marking an increase of 49% from the previous revision.

There have been other revisions in the register for the years 2002, 2003, 2007, 2012, and 2024; however, there are no figures available for these years regarding the guideline value of this street.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. Arana Enclave is situated within this locality, and there are no other streets in Thaiyur-A under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Arana Enclave

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Arana Enclave?

The Sub Registrar Office that covers Arana Enclave is 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 Thaiyur-A

The guideline value is a crucial factor during the registration of property transactions in Thaiyur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the correct revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Arana Enclave?

The current guideline value of Arana Enclave is Rs 1,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value increased from Rs 670 per sq.ft in the 2017 revision to Rs 1,000 per sq.ft in the 2023 revision, which is a change of 49%.

Are there any figures for the guideline value from previous revisions?

There are no figures available for the guideline value of Arana Enclave for the years 2002, 2003, 2007, 2012, and 2024.

What are the stamp duty and registration fees for a property in Arana Enclave?

For a 1,000 sq.ft plot valued at Rs 1,000 per sq.ft, the total guideline value is Rs 10,00,000. The stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which office handles property registrations for Arana Enclave?

The Thiruporur Sub Registrar Office handles property registrations for Arana Enclave, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.