Guideline Value for SERENE LIFE PHASE I

Serene Life Phase I guideline value

The current guideline value for Serene Life Phase I is Rs 3,000 per sq.ft. This property is located in Thazhampoor village under the Thiruporur SRO, classified as Commercial Class I Type - I.

How the guideline value of Serene Life Phase I has changed

According to the guideline value register, there have been several revisions for the guideline value of Serene Life Phase I. The most recent revision in 2023 set the guideline value at Rs 3,000 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

As per the available data, there have been no changes in the guideline value between the revisions. The only figure available is from the 2023 revision, which remains consistent with previous assessments.

Guideline values in Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. The guideline value for Serene Life Phase I is Rs 3,000 per sq.ft. There are no other streets in Thazhampoor listed under the Thiruporur SRO.

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

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 at 7% would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000, bringing the total fees to Rs 2,70,000. 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 more details.

Which Sub Registrar Office covers Serene Life Phase I?

The Sub Registrar Office covering Serene Life 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 Thazhampoor

When buying or selling property in Thazhampoor, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the guideline value, as it directly affects the overall cost of the transaction. Proper understanding of these values can help in planning the financial aspects of property dealings in the area.

Frequently asked questions

What is the current guideline value for Serene Life Phase I?

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

What is the land classification of Serene Life Phase I?

Serene Life Phase I is classified as Commercial Class I Type - I.

Are there any guideline value revisions for the years 2017 and earlier?

The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

How is the stamp duty calculated for properties in Serene Life Phase I?

Stamp duty 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 2,10,000 based on the current guideline value.

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.