Guideline Value for Spring Field Avenue

Spring Field Avenue guideline value

The current guideline value of Spring Field Avenue is Rs 3,792 per sq.ft. This street is located in Thaiyur - B village, under the Thiruporur SRO, and is classified as Mixed Special Type - II land.

How the guideline value of Spring Field Avenue has changed

According to the register, there are no figures available for the guideline value of Spring Field Avenue for the years 2002, 2003, 2007, 2012, 2017, and 2024. The most recent revision was in 2023, where the guideline value was set at Rs 3,792 per sq.ft.

Since there have been no changes between the revisions, the guideline value has remained consistent, with the 2023 figure being the only one recorded for this street.

Guideline values in Thaiyur - B

No specific village figures are provided for Thaiyur - B. Spring Field Avenue is the only street mentioned in the current guideline value register.

Stamp duty and registration fee for property in Spring Field Avenue

For a 1,000 sq.ft plot at the current rate of Rs 3,792 per sq.ft, the guideline value would be Rs 37,92,000. The stamp duty at 7% would amount to Rs 2,65,440, and the registration fee at 2% would be Rs 75,840, totaling Rs 3,41,280. 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 Spring Field Avenue?

The Sub Registrar Office that covers Spring Field Avenue 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 Thaiyur - B

The guideline value is an essential factor in the registration process when buying or selling property in Thaiyur - B. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When a property is sold, the buyer and seller must consider the guideline value to ascertain the applicable duties. If the sale price exceeds the guideline value, the higher amount is used for calculating the stamp duty and registration fees.

Frequently asked questions

What is the current guideline value of Spring Field Avenue?

The current guideline value of Spring Field Avenue is Rs 3,792 per sq.ft, as per the 2023 revision.

When was the last revision of the guideline value for Spring Field Avenue?

The last revision of the guideline value for Spring Field Avenue was in 2023, with no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2024.

What is the land classification for Spring Field Avenue?

Spring Field Avenue is classified as Mixed Special Type - II land, according to the guideline value register.

How is stamp duty calculated for properties in Spring Field Avenue?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 37,92,000, the stamp duty at 7% would be Rs 2,65,440.

Where can I find the Sub Registrar Office for Spring Field Avenue?

The Sub Registrar Office for Spring Field Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.