Guideline Value for BLOSSOMS GREEN GARNET PARAMESWARI NAGAR

Blossoms Green Garnet Parameswari Nagar guideline value

The current guideline value of Blossoms Green Garnet Parameswari Nagar is Rs 2,851 per sq.ft. This area is located in Rathinamangalam village under the Gooduvancheri SRO, classified as Residential Class II Type - II.

How the guideline value of Blossoms Green Garnet Parameswari Nagar has changed

In the 2017 revision, the guideline value was Rs 1,910 per sq.ft. This figure increased to Rs 2,851 per sq.ft in the 2023 revision, marking a change of +49% over the six-year period. The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for this street.

To summarize, the guideline value saw a significant increase from the 2017 revision to the 2023 revision. The current value reflects the most recent updates from the Registration Department's guideline value register (TNReginet).

Guideline values in Rathinamangalam

Currently, there are no specific village figures available for Rathinamangalam. Blossoms Green Garnet Parameswari Nagar is the only street mentioned in the Gooduvancheri SRO.

Stamp duty and registration fee for property in Blossoms Green Garnet Parameswari Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 28,51,000. The stamp duty at 7% would be Rs 1,99,570, and the registration fee at 2% would be Rs 57,020, making the total Rs 2,56,590. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Blossoms Green Garnet Parameswari Nagar?

The Blossoms Green Garnet Parameswari Nagar area falls under the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Rathinamangalam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Blossoms Green Garnet Parameswari Nagar?

The current guideline value of Blossoms Green Garnet Parameswari Nagar is Rs 2,851 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,910 per sq.ft to Rs 2,851 per sq.ft, which is a change of +49%.

Are there any guideline values for the years 2002, 2003, 2007, 2012, or 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Blossoms Green Garnet Parameswari Nagar.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Blossoms Green Garnet Parameswari Nagar 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.