Guideline Value for SUNRISE VILLAS PHASE II

Sunrise Villas Phase II guideline value

The current guideline value of Sunrise Villas Phase II is Rs 2,500 per sq.ft. This property is located in Navaloor village under the Thiruporur SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Sunrise Villas Phase II has changed

According to the guideline value register, there have been several revisions for the guideline value of Sunrise Villas Phase II. The register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 2,500 per sq.ft.

Since the 2023 revision, there have been no changes to the guideline value. The register does not include a figure for the year 2024 for this street, indicating that the current rate remains unchanged.

Guideline values in Navaloor

The guideline value for Sunrise Villas Phase II is part of the broader Navaloor guideline value framework. Unfortunately, no figures are provided for other streets in Navaloor under the Thiruporur SRO.

Stamp duty and registration fee for property in Sunrise Villas Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total to Rs 2,25,000. It is important to note that the 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 Sunrise Villas Phase II?

The Sub Registrar Office that covers Sunrise Villas Phase II 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 Navaloor

The guideline value is a critical factor in the registration process of property transactions in Navaloor. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sunrise Villas Phase II?

The current guideline value of Sunrise Villas Phase II is Rs 2,500 per sq.ft as per the 2023 revision.

What land classification applies to Sunrise Villas Phase II?

The land classification for Sunrise Villas Phase II is Residential Special Type - III.

How has the guideline value changed over the years?

The guideline value has remained unchanged since the 2023 revision, which set it at Rs 2,500 per sq.ft. There are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2024 for this street.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 25,00,000, the stamp duty would be Rs 1,75,000 and the registration fee would be Rs 50,000, totaling Rs 2,25,000. The duty is calculated on the higher of the guideline value or the sale price.

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.