Guideline Value for GP Homes Iswariya Garden

GP Homes Iswariya Garden guideline value

The current guideline value for GP Homes Iswariya Garden is Rs 1,600 per sq.ft. This property is located in Nathamedu village under the Tiruvallur Joint 1 SRO, with a land classification of Mixed Type - III.

How the guideline value of GP Homes Iswariya Garden has changed

According to the guideline value register, there are no figures available for GP Homes Iswariya Garden for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 shows the guideline value at Rs 1,600 per sq.ft.

There have been no changes in the guideline value between the revisions listed above. The only available figure is from the 2023 revision, which is Rs 1,600 per sq.ft.

Guideline values in Nathamedu

Currently, there are no specific village figures provided for Nathamedu. GP Homes Iswariya Garden is situated within this locality, and there are no other streets in Nathamedu listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in GP Homes Iswariya Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total charges to Rs 1,44,000. 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 GP Homes Iswariya Garden?

The Sub Registrar Office that covers GP Homes Iswariya Garden is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Nathamedu. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This value is crucial for both buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of GP Homes Iswariya Garden?

The current guideline value of GP Homes Iswariya Garden is Rs 1,600 per sq.ft, as per the 2023 revision.

What revisions have been made to the guideline value for this street?

The guideline value for GP Homes Iswariya Garden has only been revised in 2023, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for properties in GP Homes Iswariya Garden?

The stamp duty is charged at 7% of the guideline value or sale price, and the registration fee is 2%. For a property valued at Rs 16,00,000, the total fees would amount to Rs 1,44,000.

Which Sub Registrar Office handles properties in GP Homes Iswariya Garden?

The Tiruvallur Joint 1 Sub Registrar Office handles properties in GP Homes Iswariya Garden, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

How is the guideline value determined for properties in Tamil Nadu?

The guideline value is determined by the Registration Department and is updated periodically. It reflects the minimum value at which properties can be registered, impacting the stamp duty and registration fees applicable during property transactions.