Guideline Value for SERENE LIFE PHASE II

Serene Life Phase II guideline value

The current guideline value of Serene Life Phase II is Rs 3,000 per sq.ft. This area is located in Thazhampoor village under the Thiruporur SRO, and it falls under the Commercial Class I Type - I land classification.

How the guideline value of Serene Life Phase II has changed

According to the guideline value register, the revisions for Serene Life Phase II show that there are no figures available for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 3,000 per sq.ft, with no changes noted from previous revisions.

As there are no figures for the earlier years, the only applicable guideline value for Serene Life Phase II is the current rate from the 2023 revision, which remains unchanged from any previous revisions.

Guideline values in Thazhampoor

Currently, there are no village figures available for Thazhampoor. The only guideline value applicable to Serene Life Phase II is the one mentioned above. There are no other streets in Thazhampoor provided in the available data.

Stamp duty and registration fee for property in Serene Life Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 3,000 per sq.ft, the total guideline value amounts to Rs 30,00,000. The stamp duty is charged at 7%, which totals Rs 2,10,000, and the registration fee is charged at 2%, amounting to Rs 60,000. Together, the total cost for stamp duty and registration fee is Rs 2,70,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Serene Life Phase II?

The Sub Registrar Office that covers Serene Life Phase II 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 Thazhampoor

The guideline value is a crucial factor in property transactions in Thazhampoor, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

Additionally, the guideline value helps in maintaining transparency in property transactions. It serves as a reference point for both buyers and sellers, ensuring that the registration process is fair and consistent across different properties in the area.

Frequently asked questions

What is the current guideline value of Serene Life Phase II?

The current guideline value of Serene Life Phase II is Rs 3,000 per sq.ft, as per the 2023 revision.

What is the land classification for Serene Life Phase II?

Serene Life Phase II falls under the Commercial Class I Type - I land classification.

Have there been any changes in the guideline value for Serene Life Phase II?

There have been no changes in the guideline value for Serene Life Phase II across the revisions, with the current rate remaining the same as the previous figures.

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 Serene Life Phase II?

Stamp duty for properties in Serene Life Phase II is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is charged on the guideline value.