Guideline Value for Ezhathanthai Selva Nagar

Ezhathanthai Selva Nagar guideline value

The current guideline value of Ezhathanthai Selva Nagar is Rs 1,000 per sq.ft, as per the 2023 revision. This area falls under Vengadamangalam village and is classified as Residential Special Type - III, with the Gooduvancheri Sub Registrar Office overseeing registrations here.

How the guideline value of Ezhathanthai Selva Nagar has changed

The guideline value for Ezhathanthai Selva Nagar has seen several revisions over the years. In the 2007 revision, the value was set at Rs 250 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision, marking a 300% rise. However, the 2017 revision saw a decrease to Rs 670 per sq.ft, a drop of 33%. The most recent revision in 2023 returned the value to Rs 1,000 per sq.ft, representing a 49% increase from the 2017 figure.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 300%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Vengadamangalam

Currently, there are no specific village figures available for Vengadamangalam. Ezhathanthai Selva Nagar is the only street mentioned in this context.

Stamp duty and registration fee for property in Ezhathanthai Selva Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Ezhathanthai Selva Nagar?

The Gooduvancheri Sub Registrar Office covers Ezhathanthai Selva Nagar. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Vengadamangalam. When buying or selling property, the guideline value serves as a benchmark for determining the stamp duty and registration fees required at the time of registration.

It is crucial for buyers and sellers to be aware of the current guideline value, as it influences the overall cost of the transaction. The registration office will use this value to calculate the applicable fees based on the property being registered.

Frequently asked questions

What is the current guideline value of Ezhathanthai Selva Nagar?

The current guideline value of Ezhathanthai Selva Nagar is Rs 1,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed several times, from Rs 250 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then dropping to Rs 670 per sq.ft in 2017, and returning to Rs 1,000 per sq.ft in 2023.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which office handles registrations for Ezhathanthai Selva Nagar?

The Gooduvancheri Sub Registrar Office handles registrations for Ezhathanthai Selva Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202.

Are there other streets in Vengadamangalam with guideline values?

Currently, there are no other streets in Vengadamangalam mentioned with guideline values. Ezhathanthai Selva Nagar is the only street referenced in this context.