Guideline Value for AMAZZE ELITE VILLAS PHASE -II

Amazze Elite Villas Phase -II guideline value

The current guideline value for Amazze Elite Villas Phase -II is Rs 2,239 per sq.ft. This property is located in Unamancheri village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Type - II.

How the guideline value of Amazze Elite Villas Phase -II has changed

The guideline value for Amazze Elite Villas Phase -II has seen significant changes over the years. In the 2017 revision, the guideline value was set at Rs 1,500 per sq.ft. This was a notable increase from the previous revisions, as there are no figures available for the years 2002, 2003, 2007, and 2012. The most recent revision in 2023 raised the guideline value to Rs 2,239 per sq.ft, marking a 49% increase from the 2017 figure.

To summarize, the guideline value has increased from Rs 1,500 per sq.ft in 2017 to Rs 2,239 per sq.ft in 2023. The changes reflect the adjustments made during the revisions, with no figures available for several earlier years.

Guideline values in Unamancheri

Currently, there are no specific village figures available for Unamancheri. Amazze Elite Villas Phase -II is positioned within this village, but there are no other streets in Unamancheri listed with guideline values.

Stamp duty and registration fee for property in Amazze Elite Villas Phase -II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty, charged at 7%, would be Rs 1,56,730, while the registration fee at 2% would be Rs 44,780. Together, the total cost for these fees would be Rs 2,01,510. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more details on calculating these fees, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Amazze Elite Villas Phase -II?

The Sub Registrar Office that covers Amazze Elite Villas Phase -II is the Gooduvancheri Sub Registrar Office. The address is Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, 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 Unamancheri

The guideline value plays a crucial role in the registration process when buying or selling property in Unamancheri. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is used to calculate the applicable taxes and fees. This ensures that the transaction is recorded accurately and that the relevant authorities receive the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Amazze Elite Villas Phase -II?

The current guideline value for Amazze Elite Villas Phase -II is Rs 2,239 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,500 per sq.ft in 2017 to Rs 2,239 per sq.ft in 2023, reflecting a 49% increase. There are no figures available for the years 2002, 2003, 2007, and 2012.

What is the stamp duty for property in Amazze Elite Villas Phase -II?

The stamp duty for property in Amazze Elite Villas Phase -II is charged at 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It serves as a benchmark for determining the applicable taxes and ensures compliance with local regulations.