Guideline Value for PARK ENCLAVE

Park Enclave guideline value

The current guideline value for Park Enclave, located in Navaloor village under the Thiruporur SRO, is Rs 3,732 per sq.ft. This value is based on the 2023 revision and reflects the land classification of Mixed Type - III.

How the guideline value of Park Enclave has changed

In the 2023 revision, the guideline value for Park Enclave was set at Rs 3,732 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street, indicating that the guideline value has remained unchanged since the last recorded revision.

Since the 2023 revision is the only figure available, it can be noted that there have been no changes in the guideline value for Park Enclave across the previous revisions listed. The absence of figures for earlier years suggests that the value has not been established for this street in those revisions.

Guideline values in Navaloor

Currently, there are no specific village figures provided for Navaloor. Park Enclave is situated within this village, and it is important to note that there are no other streets in Navaloor listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Park Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 3,732 per sq.ft, the total guideline value would be Rs 37,32,000. The stamp duty at 7% would amount to Rs 2,61,240, and the registration fee at 2% would be Rs 74,640, leading to a total of Rs 3,35,880. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Park Enclave?

The Sub Registrar Office that covers Park Enclave is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor when buying or selling property in Navaloor, as it determines the minimum value at which properties can be registered. This value is used by the registration office to calculate the applicable stamp duty and registration fees, ensuring that the transaction reflects the official valuation of the property.

When a buyer or seller approaches the Thiruporur SRO for registration, they must provide documentation that includes the guideline value. This ensures transparency and compliance with local regulations, as the guideline value serves as a benchmark for property transactions in the area.

Frequently asked questions

What is the current guideline value of Park Enclave?

The current guideline value of Park Enclave is Rs 3,732 per sq.ft, as per the 2023 revision.

What is the land classification for Park Enclave?

Park Enclave is classified as Mixed Type - III, which indicates the nature of the land use in the area.

Have there been any changes in the guideline value for Park Enclave?

There have been no changes in the guideline value for Park Enclave across the revisions from 2002 to 2023, as the only recorded figure is from the 2023 revision.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, in the Chengalpattu registration zone.

How is the stamp duty calculated for properties in Park Enclave?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value is Rs 37,32,000, leading to a stamp duty of Rs 2,61,240 at 7%.