Guideline Value for PRINCE GALAXY

Prince Galaxy guideline value

The current guideline value of Prince Galaxy, located in Thaiyur-A village under the Thiruporur SRO, is Rs 750 per sq.ft. This classification falls under Residential Class I Type - I.

How the guideline value of Prince Galaxy has changed

In the 2017 revision, the guideline value for Prince Galaxy was Rs 502 per sq.ft. This value saw a significant increase in the 2023 revision, where it rose to Rs 750 per sq.ft, marking a change of +49% over the six-year period.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street, indicating that the guideline value has only been recorded in 2017 and 2023.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. Prince Galaxy is situated within this area, which is covered by the Thiruporur SRO.

Stamp duty and registration fee for property in Prince Galaxy

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total cost for these charges Rs 67,500. 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 further calculations.

Which Sub Registrar Office covers Prince Galaxy?

The Sub Registrar Office that covers Prince Galaxy is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value is a crucial factor in the registration process of properties in Thaiyur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during a property transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is used to calculate the applicable duties and fees. This process helps maintain transparency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Prince Galaxy?

The current guideline value of Prince Galaxy is Rs 750 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

From the 2017 revision, where the guideline value was Rs 502 per sq.ft, it increased to Rs 750 per sq.ft in the 2023 revision, reflecting a change of +49%.

Are there any guideline values for earlier revisions?

No figures are available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Prince Galaxy.

What is the stamp duty rate in Prince Galaxy?

The stamp duty rate for property in Prince Galaxy is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Prince Galaxy located?

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