Guideline Value for Chandrapuram Extn-1 to 4

Chandrapuram Extn-1 to 4 guideline value

The current guideline value for Chandrapuram Extn-1 to 4 is Rs 900 per sq.ft. This area is located in Unamancheri village and falls under the Gooduvancheri SRO. The land classification for this region is Residential Special Type - II.

How the guideline value of Chandrapuram Extn-1 to 4 has changed

The guideline value for Chandrapuram Extn-1 to 4 has undergone several revisions over the years. Starting from the 2007 revision, the value was Rs 150 per sq.ft. This increased significantly to Rs 900 per sq.ft in the 2012 revision, marking a 500% rise. However, in the 2017 revision, the value dropped to Rs 603 per sq.ft, which was a decrease of 33%. The most recent revision in 2023 set the guideline value back to Rs 900 per sq.ft, showing an increase of 49% from the previous revision.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 500%. It is important to note that there are no figures available for the 2002, 2003, and 2024 revisions for this street.

Guideline values in Unamancheri

Currently, there are no specific guideline values provided for other areas within Unamancheri village. Chandrapuram Extn-1 to 4 is the only street mentioned in the available data.

Stamp duty and registration fee for property in Chandrapuram Extn-1 to 4

For a 1,000 sq.ft plot at the current rate of Rs 900 per sq.ft, the guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, while the registration fee at 2% would be Rs 18,000. Together, the total cost for stamp duty and registration fees would be Rs 81,000. It is essential 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 Chandrapuram Extn-1 to 4?

The Sub Registrar Office that covers Chandrapuram Extn-1 to 4 is 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Unamancheri. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, it is essential to be aware of the guideline value, as it can affect the overall costs involved in the transaction. Buyers should always consider the guideline value alongside the sale price to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value for Chandrapuram Extn-1 to 4?

The current guideline value for Chandrapuram Extn-1 to 4 is Rs 900 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 150 per sq.ft in 2007 to Rs 900 per sq.ft in 2012, then decreased to Rs 603 per sq.ft in 2017, and returned to Rs 900 per sq.ft in 2023.

What is the land classification for Chandrapuram Extn-1 to 4?

The land classification for Chandrapuram Extn-1 to 4 is Residential Special Type - II.

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 are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the same. For example, for a 1,000 sq.ft plot at Rs 900 per sq.ft, the total stamp duty and registration fees would be Rs 81,000.