Guideline Value for ESWARAN NAGAR

Eswaran Nagar guideline value

The current guideline value of Eswaran Nagar is Rs 700 per sq.ft. This area falls under the Tiruvallur Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Eswaran Nagar has changed

Looking at the revisions, the guideline value for Eswaran Nagar was Rs 700 per sq.ft in 2012. This figure remained unchanged in the subsequent 2017 revision, where it dropped to Rs 469 per sq.ft. However, in the latest 2023 revision, the guideline value increased to Rs 700 per sq.ft again. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2024 for this street.

From 2017 to 2023, the guideline value increased by 49%. Conversely, from 2012 to 2017, there was a decrease of 33%. Overall, comparing the figures from 2012 to 2023, there is no change in the guideline value.

Guideline values in 192/87veppampattu

Currently, there are no specific village figures available for 192/87veppampattu. This street is under the jurisdiction of the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Eswaran Nagar

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Eswaran Nagar?

The Eswaran Nagar area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 192/87veppampattu

The guideline value is a crucial factor during property registration in Eswaran Nagar. It serves as the basis for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the authorities will charge duty on the higher of the guideline value or the actual sale price. This ensures that the registration process is aligned with the official valuation of the property.

Frequently asked questions

What is the current guideline value of Eswaran Nagar?

The current guideline value of Eswaran Nagar is Rs 700 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, and then increased back to Rs 700 per sq.ft in 2023. There are no figures available for the years 2002, 2003, 2007, and 2024 for this street.

What is the land classification of Eswaran Nagar?

Eswaran Nagar is classified as Residential Class I Type - III, which indicates its designation for residential purposes.

What are the stamp duty and registration fees for properties in Eswaran Nagar?

The stamp duty for properties in Eswaran Nagar is 7%, and the registration fee is 2%. For example, for a property valued at Rs 7,00,000, the total fees would amount to Rs 63,000.

Where is the Sub Registrar Office for Eswaran Nagar located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. This office handles the registration of properties in Eswaran Nagar.