Guideline Value for CASA GRAND SERENO

Casa Grand Sereno guideline value

The current guideline value of Casa Grand Sereno is Rs 3,200 per sq.ft, effective from 1 July 2024. This property is located in Ottiyampakkam village, under the Selaiyur SRO, and is classified as Mixed Type - II land.

How the guideline value of Casa Grand Sereno has changed

The guideline value for Casa Grand Sereno has seen several revisions over the years. The oldest recorded figure is from the 2017 revision, which was Rs 2,000 per sq.ft. This value increased significantly to Rs 2,986 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 has set the guideline value at Rs 3,200 per sq.ft, which is a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. It is important to note that there are no figures available for the revisions from 2002, 2003, 2007, and 2012 for this street.

Guideline values in Ottiyampakkam

In Ottiyampakkam, there are 88 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,300 to Rs 4,300 per sq.ft. The median value for these streets is Rs 1,950 per sq.ft, placing Casa Grand Sereno's 2024 figure above this median.

• Blooming Garden: Rs 2,700 per sq.ft (2024)
• Bharathi Street: Rs 1,950 per sq.ft (2024)
• Bagiyam Avenue: Rs 2,900 per sq.ft (2024)
• Avudaiyar Thrid Cross Street: Rs 1,950 per sq.ft (2024)
• Avudaiyar Street: Rs 1,950 per sq.ft (2024)
• Avudaiyar Koil Third Street: Rs 1,950 per sq.ft (2024)

Stamp duty and registration fee for property in Casa Grand Sereno

For a 1,000 sq.ft plot at the current guideline value of Rs 3,200 per sq.ft, the total guideline value amounts to Rs 32,00,000. The stamp duty at 7% would be Rs 2,24,000, and the registration fee at 2% would be Rs 64,000, bringing the total fees to Rs 2,88,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Casa Grand Sereno?

The Sub Registrar Office that covers Casa Grand Sereno is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property in Ottiyampakkam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When purchasing or selling property, the guideline value ensures that the transaction is recorded accurately in the official registers. This helps maintain transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Casa Grand Sereno?

The current guideline value of Casa Grand Sereno is Rs 3,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 2,000 per sq.ft to Rs 3,200 per sq.ft in 2024, marking an overall increase of 60% over this period.

What is the median guideline value for streets in Ottiyampakkam?

The median guideline value for streets in Ottiyampakkam is Rs 1,950 per sq.ft, with Casa Grand Sereno's value being above this median.

What are the stamp duty rates for property in Casa Grand Sereno?

The stamp duty for property in Casa Grand Sereno is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Casa Grand Sereno?

The Sub Registrar Office for Casa Grand Sereno is located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073. You can find more information about it online.