Guideline Value for CITRUS COUNTY PHASE II

Citrus County Phase II guideline value

The current guideline value of Citrus County Phase II is Rs 2,389 per sq.ft. This area is located in Mambakkam village and falls under the Gooduvancheri SRO. The land classification for this property is Mixed Special Type - III.

How the guideline value of Citrus County Phase II has changed

The guideline value for Citrus County Phase II has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 1,600 per sq.ft. The most recent revision in 2023 increased this value to Rs 2,389 per sq.ft, marking a change of +49% from the previous figure.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only revisions with recorded values are from 2017 and 2023.

Guideline values in Mambakkam

Currently, there are no specific village figures available for Mambakkam. Citrus County Phase II stands out with its guideline value, while there are no other streets in Mambakkam under the Gooduvancheri SRO provided in the available data.

Stamp duty and registration fee for property in Citrus County Phase II

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 23,89,000. The stamp duty at 7% is Rs 1,67,230, and the registration fee at 2% is Rs 47,780, bringing the total to Rs 2,15,010. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Citrus County Phase II?

The Gooduvancheri Sub Registrar Office covers Citrus County Phase II. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO online for more information.

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

The guideline value is a crucial aspect when it comes to the registration of property transactions in Mambakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that all transactions are conducted transparently.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees. Buyers should be aware that these charges are based on the higher of the guideline value or the sale price, which can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Citrus County Phase II?

The current guideline value of Citrus County Phase II is Rs 2,389 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision of Rs 1,600 per sq.ft, the guideline value increased to Rs 2,389 per sq.ft in 2023, reflecting a change of +49%.

Are there any guideline values for other revisions?

There are no figures available in the register for the revisions in 2002, 2003, 2007, 2012, and 2024 for Citrus County Phase II.

What are the stamp duty and registration fees for a property in this area?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,15,010, which includes a stamp duty of Rs 1,67,230 and a registration fee of Rs 47,780.

Where is the Gooduvancheri Sub Registrar Office located?

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