Guideline Value for BLISS IN THE TOWN-PHASE-2

Bliss In The Town-Phase-2 guideline value

The current guideline value of Bliss In The Town-Phase-2 is Rs 2,200 per sq.ft. This property is located in Polacheri village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Special Type - III.

How the guideline value of Bliss In The Town-Phase-2 has changed

According to the guideline value register, there are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Bliss In The Town-Phase-2. The most recent revision in 2023 lists the guideline value at Rs 2,200 per sq.ft, which has remained unchanged from previous revisions.

As of the 2023 revision, the guideline value for this street is Rs 2,200 per sq.ft. There have been no changes in the guideline value across the revisions mentioned, indicating stability in the property valuation for this area.

Guideline values in Polacheri

Currently, the guideline value for Bliss In The Town-Phase-2 stands at Rs 2,200 per sq.ft. Unfortunately, there are no figures available for other streets in Polacheri under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Bliss In The Town-Phase-2

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty is charged at 7%, totaling Rs 1,54,000, while the registration fee is 2%, amounting to Rs 44,000. Together, the total cost for stamp duty and registration fee would be Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bliss In The Town-Phase-2?

The Bliss In The Town-Phase-2 property is covered by the Gooduvancheri Sub Registrar Office, located at 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 Polacheri

The guideline value is a crucial factor in the registration process when buying or selling property in Polacheri. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official registers.

When a property is sold, the guideline value is compared to the sale price, and the higher value is used to determine the applicable duties and fees. This ensures that the government receives the correct amount of revenue from property transactions.

Frequently asked questions

What is the current guideline value for Bliss In The Town-Phase-2?

The current guideline value for Bliss In The Town-Phase-2 is Rs 2,200 per sq.ft as per the 2023 revision.

What land classification does Bliss In The Town-Phase-2 fall under?

Bliss In The Town-Phase-2 is classified as Mixed Special Type - III, which indicates the type of development permissible in the area.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision occurring in 2023. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

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 stamp duty calculated for properties in Polacheri?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 22,00,000, the stamp duty at 7% would amount to Rs 1,54,000.