Guideline Value for ESWARAN NAGAR PHASE-11

Eswaran Nagar Phase-11 guideline value

The current guideline value of Eswaran Nagar Phase-11 is Rs 350 per sq.ft, effective from 1 July 2024. This area is located in Uthukkadu - A village under the Walajabad SRO, classified as Residential Class I Type - I.

How the guideline value of Eswaran Nagar Phase-11 has changed

The guideline value for Eswaran Nagar Phase-11 has seen several revisions over the years. The 2017 revision set the value at Rs 234 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 350 per sq.ft. The most recent 2024 revision has maintained this value at Rs 350 per sq.ft, indicating no change from the previous year.

From the 2017 to the 2023 revision, there was a significant increase of 50%. Overall, from 2017 to 2024, the guideline value has increased by 50%. For the years 2002, 2003, 2007, and 2012, the register has no figure for this street.

Guideline values in Uthukkadu - A

In Uthukkadu - A, there are 38 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 800 per sq.ft, with a median value of Rs 350 per sq.ft. Eswaran Nagar Phase-11's 2024 figure aligns with this median.

• Eshwaran Nagar Phase-II: Rs 350 per sq.ft (2024)
• Ganesha Nagar: Rs 300 per sq.ft (2024)
• Doctor S Detroit City: Rs 775 per sq.ft (2024)
• Devi Sri Ellamman Nagar: Rs 300 per sq.ft (2024)
• Devi Sri Ellai Amman Nagar: Rs 300 per sq.ft (2024)
• Gs Avenue: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Eswaran Nagar Phase-11

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, making the total charges Rs 31,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your stamp duty and registration fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Eswaran Nagar Phase-11?

The Sub Registrar Office that covers Eswaran Nagar Phase-11 is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

To find your specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Uthukkadu - A

The guideline value is a crucial factor during the registration of property transactions in Uthukkadu - A. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it influences the financial obligations involved in the transaction. Buyers should ensure that they are prepared to pay the necessary fees based on this value.

Frequently asked questions

What is the current guideline value of Eswaran Nagar Phase-11?

The current guideline value of Eswaran Nagar Phase-11 is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 234 per sq.ft in 2017 to Rs 350 per sq.ft in 2023 and has remained the same in 2024. Overall, there has been a 50% increase from 2017 to 2024.

What are the other streets in Uthukkadu - A?

Other streets in Uthukkadu - A include Eshwaran Nagar Phase-II, Ganesha Nagar, Doctor S Detroit City, Devi Sri Ellamman Nagar, Devi Sri Ellai Amman Nagar, and Gs Avenue, with varying guideline values.

What are the stamp duty and registration fees for property in Eswaran Nagar Phase-11?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,50,000. The stamp duty is Rs 24,500, and the registration fee is Rs 7,000, totaling Rs 31,500.

Which office handles registrations for Eswaran Nagar Phase-11?

The Walajabad Sub Registrar Office handles registrations for Eswaran Nagar Phase-11, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.