Guideline Value for SHOBHA ENCLAVE NORTH PHASE

Shobha Enclave North Phase guideline value

The current guideline value of Shobha Enclave North Phase is Rs 1,500 per sq.ft. This property is located in Thaiyur-A village, under the Thiruporur Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - III.

How the guideline value of Shobha Enclave North Phase has changed

According to the guideline value register, the revisions for Shobha Enclave North Phase show that there has been no figure for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 1,500 per sq.ft, which remains unchanged from previous revisions.

As there are no figures available for the years 2002, 2003, 2007, 2012, and 2017, it is clear that the guideline value has remained consistent at Rs 1,500 per sq.ft since the 2023 revision.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. Shobha Enclave North Phase is situated in this locality, which is under the jurisdiction of the Thiruporur SRO.

Stamp duty and registration fee for property in Shobha Enclave North Phase

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty, charged at 7%, would be Rs 1,05,000, and the registration fee, charged at 2%, would be Rs 30,000. Together, the total cost for duty and registration would be Rs 1,35,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Shobha Enclave North Phase?

The Sub Registrar Office that covers Shobha Enclave North Phase 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 details.

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

The guideline value plays a crucial role during the registration process of property transactions in Thaiyur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When buyers or sellers engage in a transaction, the guideline value is used to calculate the applicable duties, ensuring that the correct amounts are paid to the authorities. This helps in maintaining transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Shobha Enclave North Phase?

The current guideline value of Shobha Enclave North Phase is Rs 1,500 per sq.ft as per the 2023 revision.

What is the land classification for Shobha Enclave North Phase?

The land classification for Shobha Enclave North Phase is Residential Class II Type - III.

What are the registration fees for property transactions in Shobha Enclave North Phase?

The registration fees for property transactions in Shobha Enclave North Phase include a stamp duty of 7% and a registration fee of 2% based on the guideline value or 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.

How has the guideline value changed over the years for Shobha Enclave North Phase?

There have been no changes in the guideline value for Shobha Enclave North Phase, with the current value remaining at Rs 1,500 per sq.ft since the 2023 revision. Previous revisions from 2002, 2003, 2007, 2012, and 2017 have no figures listed for this street.