Guideline Value for BABA ENCLAVE

Baba Enclave guideline value

The current guideline value of Baba Enclave is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Kalivanthapattu village, under the Thiruporur Sub Registrar Office (SRO). The land classification for this street is Residential Special Type - II.

How the guideline value of Baba Enclave has changed

As per the guideline value register, there are no figures available for Baba Enclave for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 800 per sq.ft, which was unchanged in the 2024 revision, reflecting a 0% change from the previous year.

The current guideline value of Rs 800 per sq.ft, effective from 1 July 2024, indicates stability in the valuation for Baba Enclave over the last two years, as the figure has remained consistent since the 2023 revision.

Guideline values in Kalivanthapattu

In Kalivanthapattu, there are 19 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 2,000 per sq.ft. The median value for these streets is Rs 605 per sq.ft, placing Baba Enclave's 2024 figure above this median.

• Doctors Rainbow Spring: Rs 600 per sq.ft (2024)
• Dvac Staff Co-Operative Housing Society: Rs 600 per sq.ft (2024)
• Galaxy Form: Rs 300 per sq.ft (2024)
• Green Spot: Rs 896 per sq.ft (2024)
• Sri Aishwaryam Nagar: Rs 896 per sq.ft (2024)
• Sri Krishna Nagar: Rs 605 per sq.ft (2024)

Stamp duty and registration fee for property in Baba Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Baba Enclave?

The Baba Enclave area is covered by 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 Kalivanthapattu

The guideline value plays a crucial role during the registration of property transactions in Kalivanthapattu. It serves as a reference point for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately in accordance with local regulations. Buyers and sellers should be aware of these values to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value of Baba Enclave?

The current guideline value of Baba Enclave is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Baba Enclave has remained at Rs 800 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Baba Enclave?

The land classification for Baba Enclave is Residential Special Type - II, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 8,00,000, the stamp duty is Rs 56,000, and the registration fee is Rs 16,000, totaling Rs 72,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

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.