Guideline Value for EASER MECHNIC LTD

Easer Mechnic Ltd guideline value

The current guideline value for Easer Mechnic Ltd is Rs 2,200 per sq.ft, effective from 1 July 2024. This property is located in Sholinganallur - 1 village, under the Neelankarai SRO, classified as Residential Class II Type - III.

How the guideline value of Easer Mechnic Ltd has changed

In the 2017 revision, the guideline value was set at Rs 1,340 per sq.ft. This figure remained until the 2024 revision, which increased the guideline value to Rs 2,200 per sq.ft, marking a significant increase of 64% over the seven-year period.

For the years 2023, 2012, 2007, 2003, and 2002, the register has no figure for this street. The absence of figures indicates that the guideline value for Easer Mechnic Ltd was not recorded during these revisions.

Guideline values in Sholinganallur - 1

Sholinganallur - 1 village has a total of 754 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, which is equal to the current guideline value for Easer Mechnic Ltd.

• East Coast Road (New Mahabalipuram Road): Rs 7,200 per sq.ft (2024)
• Durgai Amman Koil Street: Rs 1,700 per sq.ft (2024)
• Duraisamy Street: Rs 2,200 per sq.ft (2024)
• Duraisamy 2nd Street: Rs 2,200 per sq.ft (2024)
• Ekambaram Street: Rs 2,800 per sq.ft (2024)
• Ela Rajamanickam Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Easer Mechnic Ltd

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees to Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Easer Mechnic Ltd?

The Easer Mechnic Ltd property falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is a crucial factor during the registration of property transactions in Sholinganallur - 1. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are essential for completing the legal formalities of the transaction. Buyers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Easer Mechnic Ltd?

The current guideline value of Easer Mechnic Ltd is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

From the 2017 revision of Rs 1,340 per sq.ft to the 2024 revision of Rs 2,200 per sq.ft, the guideline value has increased by 64%.

Are there any years without a guideline value for Easer Mechnic Ltd?

Yes, the register has no figure for the years 2023, 2012, 2007, 2003, and 2002 for Easer Mechnic Ltd.

What are the stamp duty and registration fees for a property in Easer Mechnic Ltd?

For a 1,000 sq.ft property at the current guideline value, the total stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Which Sub Registrar Office should I contact for Easer Mechnic Ltd?

The Neelankarai Sub Registrar Office covers Easer Mechnic Ltd, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.