Guideline Value for SILVER SPRINGS

Silver Springs guideline value

The current guideline value of Silver Springs in Puthupakkam village is Rs 1,875 per sq.ft, as per the 2023 revision. This property falls under the jurisdiction of the Thiruporur Sub Registrar Office and is classified as Residential Class I Type - V.

How the guideline value of Silver Springs has changed

The guideline value for Silver Springs has remained consistent since the 2023 revision, which is Rs 1,875 per sq.ft. The register does not provide figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since there have been no changes between the revisions above, the only figure available is from the 2023 revision. Therefore, the guideline value has not fluctuated over the years for this particular street.

Guideline values in Puthupakkam

No specific village figures are provided for Puthupakkam. Silver Springs is the only street mentioned in this context, and there are no other streets in Puthupakkam under the Thiruporur SRO.

Stamp duty and registration fee for property in Silver Springs

For a 1,000 sq.ft plot at the current rate of Rs 1,875 per sq.ft, the guideline value amounts to Rs 18,75,000. The stamp duty at 7% would be Rs 1,31,250, and the registration fee at 2% would be Rs 37,500, resulting in a total of Rs 1,68,750. 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 information.

Which Sub Registrar Office covers Silver Springs?

The Thiruporur Sub Registrar Office covers Silver Springs, 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 Puthupakkam

The guideline value is a critical factor when registering property transactions in Puthupakkam. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When you buy or sell property, the guideline value is compared to the sale price. The higher of the two is used to determine the applicable stamp duty and registration fees, which are mandatory at the time of registration.

Frequently asked questions

What is the current guideline value of Silver Springs?

The current guideline value of Silver Springs is Rs 1,875 per sq.ft, as per the 2023 revision.

What is the land classification for Silver Springs?

Silver Springs is classified as Residential Class I Type - V, indicating its designation for residential use.

What are the stamp duty and registration fees for property in Silver Springs?

For a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 1,31,250 and the registration fee would be Rs 37,500, totaling Rs 1,68,750.

Which office handles registrations for Silver Springs?

The Thiruporur Sub Registrar Office handles registrations for Silver Springs, located at No.29, South Mada Street, Thiruporur-603110.

How often is the guideline value updated?

The guideline value is updated periodically, with the most recent revision for Silver Springs being in 2023. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.