Guideline Value for PRESTIAGE PHASE -I

Prestiage Phase -I guideline value

The current guideline value of Prestiage Phase -I is Rs 2,986 per sq.ft, as per the 2023 revision. This property is located in Thiruvidanthai village, under the Thiruporur SRO, and is classified as Mixed Special Type - II.

How the guideline value of Prestiage Phase -I has changed

As of the 2023 revision, the guideline value for Prestiage Phase -I stands at Rs 2,986 per sq.ft. The register does not provide figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street, indicating no historical changes in the guideline value over these years.

Since there are no figures available for the previous revisions, it can be concluded that the guideline value has remained consistent with no changes recorded between the revisions listed. The current guideline value reflects the most recent assessment as of 2023.

Guideline values in Thiruvidanthai

Currently, there are no specific village figures provided for Thiruvidanthai. Prestiage Phase -I is part of the Thiruvidanthai area and does not have any other streets listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Prestiage Phase -I

For a 1,000 sq.ft plot at the current guideline value of Rs 2,986 per sq.ft, the total guideline value amounts to Rs 29,86,000. The stamp duty at 7% would be Rs 2,09,020, and the registration fee at 2% would be Rs 59,720, bringing the total to Rs 2,68,740. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Prestiage Phase -I?

The Sub Registrar Office that covers Prestiage Phase -I 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 Thiruvidanthai

The guideline value plays a crucial role during the registration process when buying or selling property in Thiruvidanthai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared against the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Prestiage Phase -I?

The current guideline value of Prestiage Phase -I is Rs 2,986 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Prestiage Phase -I, as the register does not provide figures for revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Prestiage Phase -I?

Prestiage Phase -I is classified as Mixed Special Type - II, which indicates the type of development permissible in the area.

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.

How is stamp duty calculated for properties in Prestiage Phase -I?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 2,09,020 at a rate of 7%.