Guideline Value for BRINDAVAN'S OFFICERS ENLAVE

Brindavan's Officers Enlave guideline value

The current guideline value of Brindavan's Officers Enlave is Rs 750 per sq.ft, effective from the 2024 revision on 1 July 2024. This property is located in Thozhuthavakkam village under the Tiruvallur Joint 1 SRO, and it falls under the Residential Class I Type - III land classification.

How the guideline value of Brindavan's Officers Enlave has changed

In the 2023 revision, the guideline value for Brindavan's Officers Enlave was Rs 750 per sq.ft. The 2024 revision also set the guideline value at Rs 750 per sq.ft, indicating no change between these two revisions. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Since there have been no changes in the guideline value from 2023 to 2024, the rate remains consistent at Rs 750 per sq.ft. This stability suggests a maintained valuation for the property within the current regulatory framework.

Guideline values in Thozhuthavakkam

Currently, there are no specific village figures available for Thozhuthavakkam. Brindavan's Officers Enlave is the only street mentioned under the Tiruvallur Joint 1 SRO in this context.

Stamp duty and registration fee for property in Brindavan's Officers Enlave

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty is calculated at 7%, amounting to Rs 52,500, and the registration fee is 2%, which is Rs 15,000. Therefore, the total fees together would be Rs 67,500. 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 Brindavan's Officers Enlave?

The Sub Registrar Office that covers Brindavan's Officers Enlave is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial aspect of property transactions in Thozhuthavakkam, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the stamp duty and registration fees are calculated based on the higher of the guideline value or the actual sale price.

When registering a property, it is essential to ensure that the transaction adheres to the stipulated guideline value to avoid any legal issues. The guideline value serves as a benchmark for the registration process, ensuring transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Brindavan's Officers Enlave?

The current guideline value of Brindavan's Officers Enlave is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Brindavan's Officers Enlave has remained at Rs 750 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in the years 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500, and the registration fee would be Rs 15,000, totaling Rs 67,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Brindavan's Officers Enlave located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value for properties in Thozhuthavakkam. It is essential for calculating the stamp duty and registration fees during property transactions.