Guideline Value for SERASA SPRINGS

Serasa Springs guideline value

The current guideline value of Serasa Springs, located in Kaaranai village under the Thiruporur SRO, is Rs 3,881 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - II.

How the guideline value of Serasa Springs has changed

The guideline value register for Serasa Springs shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 established the current guideline value at Rs 3,881 per sq.ft, with no changes noted from previous years.

As of now, the only available figure for this street is from the 2023 revision, which remains unchanged from prior years. There are no figures available for the 2024 revision as well.

Guideline values in Kaaranai

Currently, there are no specific village figures available for Kaaranai. The guideline value for Serasa Springs is Rs 3,881 per sq.ft. There are no other streets in Kaaranai listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Serasa Springs

For a 1,000 sq.ft plot at the current guideline value of Rs 3,881 per sq.ft, the total guideline value amounts to Rs 38,81,000. The stamp duty, charged at 7%, would be Rs 2,71,670, while the registration fee at 2% would be Rs 77,620. Together, the total cost for stamp duty and registration fee would be Rs 3,49,290. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Serasa Springs?

The Sub Registrar Office that covers Serasa Springs is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Kaaranai. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When a buyer or seller approaches the registration office, the guideline value is referenced to calculate the applicable fees, ensuring that the transaction is recorded accurately. This value serves as a benchmark for the pricing of real estate in the area.

Frequently asked questions

What is the current guideline value of Serasa Springs?

The current guideline value of Serasa Springs is Rs 3,881 per sq.ft, as per the 2023 revision.

What is the land classification for Serasa Springs?

The land classification for Serasa Springs is Mixed Type - II, which indicates the type of land use permitted in this area.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision occurring in 2023. Previous revisions occurred in the years 2002, 2003, 2007, 2012, and 2017, but no figures are available for those years for Serasa Springs.

What are the stamp duty and registration fees for properties in Serasa Springs?

For a property valued at Rs 38,81,000, the stamp duty is Rs 2,71,670 and the registration fee is Rs 77,620, totaling Rs 3,49,290. These fees are based on the guideline value or the sale price, whichever is higher.

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. This office handles the registration of properties in the Serasa Springs area.