Guideline Value for UNITED ENCLAVE

United Enclave guideline value

The current guideline value of United Enclave, located in Paandoor village under the Thiruporur SRO, is Rs 2,000 per sq.ft. This classification falls under Residential Special Type - V.

How the guideline value of United Enclave has changed

The guideline value for United Enclave has remained consistent over the years. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 2,000 per sq.ft, and this figure was unchanged in the 2024 revision.

From 2023 to 2024, there was a change of +0%, maintaining the guideline value at Rs 2,000 per sq.ft. This consistency indicates stability in the valuation for this area.

Guideline values in Paandoor

In Paandoor, there are 35 streets under the Thiruporur SRO carrying a 2024 guideline value ranging from Rs 450 to Rs 3,300 per sq.ft, with a median value of Rs 1,493 per sq.ft. The guideline value for United Enclave is above this median, reflecting its unique classification and location.

• Velan Avenue: Rs 1,493 per sq.ft (2024)
• Venkateshwara Avenue Phase I & II: Rs 600 per sq.ft (2024)
• Venkateshwar Avenue: Rs 805 per sq.ft (2024)
• VSV Avenue: Rs 1,110 per sq.ft (2024)
• Sri Sumangali Nagar: Rs 1,200 per sq.ft (2024)
• Sri Balaji Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in United Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, leading to a total of Rs 1,80,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers United Enclave?

The Sub Registrar Office that covers United Enclave 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 Paandoor

The guideline value is a critical factor in the registration process of property transactions in Paandoor. 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 valuation.

When buying or selling property, both the buyer and seller must be aware of the guideline value as it affects the overall cost of the transaction. The guideline value serves as a reference point for determining the market price and ensuring compliance with regulatory requirements during the registration process.

Frequently asked questions

What is the current guideline value of United Enclave?

The current guideline value of United Enclave is Rs 2,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 2,000 per sq.ft from 2023 to 2024, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for United Enclave?

United Enclave is classified as Residential Special Type - V, which is significant for its valuation and usage regulations.

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

The stamp duty is 7% and the registration fee is 2%. For a property valued at Rs 20,00,000, the total fees would amount to Rs 1,80,000.

Which office handles the registration for properties in United Enclave?

The Thiruporur Sub Registrar Office handles property registrations for United Enclave, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.