Guideline Value for ROYAL SEA VIEW COMPOUND

Royal Sea View Compound guideline value

The current guideline value for Royal Sea View Compound is Rs 1,400 per sq.ft. It is located in Kanathur Reddykuppam village under the Thiruporur SRO, classified as Residential Class III Type - I.

How the guideline value of Royal Sea View Compound has changed

According to the guideline value register, the revisions for Royal Sea View Compound show that there has been no figure recorded for the years 2002, 2003, 2007, 2012, and 2017. The latest revision in 2023 lists the guideline value at Rs 1,400 per sq.ft, which remains unchanged from previous revisions.

As of now, there is no figure available for the year 2024 for this street. Therefore, the only recorded guideline value for Royal Sea View Compound is from the 2023 revision, which is Rs 1,400 per sq.ft.

Guideline values in Kanathur Reddykuppam

Currently, there are no specific village figures available for Kanathur Reddykuppam. Royal Sea View Compound is the only street for which the guideline value is recorded under the Thiruporur SRO.

Stamp duty and registration fee for property in Royal Sea View Compound

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total charges to Rs 1,26,000. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Royal Sea View Compound?

The Royal Sea View Compound falls under the jurisdiction of 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 Kanathur Reddykuppam

The guideline value is an important factor when buying or selling property in Kanathur Reddykuppam. It serves as a benchmark for calculating stamp duty and registration fees during the property registration process.

When a property transaction takes place, the guideline value is used to determine the applicable duties. The charges are based on the higher of the guideline value or the sale price, ensuring that the appropriate fees are collected for the transaction.

Frequently asked questions

What is the current guideline value of Royal Sea View Compound?

The current guideline value of Royal Sea View Compound is Rs 1,400 per sq.ft as per the 2023 revision.

What are the revisions available for Royal Sea View Compound?

The revisions available for Royal Sea View Compound include the 2023 revision, which is Rs 1,400 per sq.ft. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

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 Royal Sea View Compound?

Stamp duty for properties in Royal Sea View Compound is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 98,000 based on the current guideline value.

What is the registration fee for properties in Royal Sea View Compound?

The registration fee for properties in Royal Sea View Compound is charged at 2% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, the registration fee would be Rs 28,000 based on the current guideline value.