Guideline Value for BLISS IN THE TOWN

Bliss In The Town guideline value

The current guideline value of Bliss In The Town, located in Polacheri village under the Gooduvancheri SRO, is Rs 2,000 per sq.ft. The land classification for this area is Residential Class II Type - III.

How the guideline value of Bliss In The Town has changed

The guideline value for Bliss In The Town has remained consistent over the years. In the 2017 revision, the guideline value was set at Rs 2,000 per sq.ft, which did not change in the subsequent 2023 revision, maintaining the same rate of Rs 2,000 per sq.ft.

There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street. Therefore, the guideline value has shown no change between the 2017 and 2023 revisions, reflecting a stable valuation over this period.

Guideline values in Polacheri

Currently, there are no specific village figures provided for Polacheri. Bliss In The Town is the only street mentioned in this context under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Bliss In The Town

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the 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, bringing the total charges to Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Bliss In The Town?

The Sub Registrar Office that covers Bliss In The Town is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Polacheri

The guideline value is a crucial factor in the registration process when buying or selling property in Polacheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate fees are collected based on the established rates. This process is essential for maintaining transparency and legality in property transactions.

Frequently asked questions

What is the current guideline value for Bliss In The Town?

The current guideline value for Bliss In The Town is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 2,000 per sq.ft from the 2017 revision to the 2023 revision. There are no figures available for earlier revisions for this street.

What is the stamp duty rate for property in Bliss In The Town?

The stamp duty rate for property in Bliss In The Town is 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 determined for property transactions?

The guideline value is determined by the Registration Department and is used as a basis for calculating the stamp duty and registration fees during property transactions. It reflects the official valuation for properties in specific areas.