Guideline Value for Serenity

Serenity guideline value

The current guideline value of Serenity, located in Thaiyur - B village under the Thiruporur SRO, is Rs 1,139 per sq.ft. The land classification for this area is Residential Special Type - II.

How the guideline value of Serenity has changed

The guideline value for Serenity has remained consistent in recent revisions. The 2017 revision recorded a guideline value of Rs 1,139 per sq.ft, which was unchanged in the 2023 revision, also at Rs 1,139 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

From 2017 to 2023, the guideline value saw no change, remaining at Rs 1,139 per sq.ft. This stability indicates that the guideline value has not fluctuated during this period.

Guideline values in Thaiyur - B

Currently, there are no specific village figures available for Thaiyur - B. Serenity is part of this locality, which currently has no other streets listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Serenity

For a 1,000 sq.ft plot at the current guideline value of Rs 1,139 per sq.ft, the total guideline value amounts to Rs 11,39,000. The stamp duty at 7% would be Rs 79,730, and the registration fee at 2% would be Rs 22,780, bringing the total charges to Rs 1,02,510. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Serenity?

The Sub Registrar Office that covers Serenity 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 Thaiyur - B

When buying or selling property in Thaiyur - B, the guideline value plays a crucial role during the registration process. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring compliance with local regulations.

Buyers and sellers should be aware that the guideline value may affect the overall cost of the transaction. It is essential to consider this value when negotiating sale prices, as the higher of the guideline value or the sale price will be used to calculate the applicable duties.

Frequently asked questions

What is the current guideline value of Serenity?

The current guideline value of Serenity is Rs 1,139 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained stable at Rs 1,139 per sq.ft since the 2017 revision and continues to be the same in the 2023 revision. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

What is the land classification for Serenity?

The land classification for Serenity is Residential Special Type - II. This classification is important for understanding the permissible uses of the land.

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

For a property in Serenity valued at Rs 11,39,000, the stamp duty would be Rs 79,730 and the registration fee would be Rs 22,780, totaling Rs 1,02,510. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers the registration for Serenity?

The Thiruporur Sub Registrar Office covers the registration for Serenity. It is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.