Guideline Value for GREEN ACRES IV

Green Acres IV guideline value

The current guideline value of Green Acres IV in Maathoor village is Rs 2,687 per sq.ft, effective from 1 July 2024. This property falls under the Sunguvarchattram SRO and is classified as Mixed Type - I.

How the guideline value of Green Acres IV has changed

The guideline value for Green Acres IV has remained consistent at Rs 2,687 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. Prior to the 2023 revision, the register has no figures for this street for the years 2002, 2003, 2007, 2012, and 2017.

In summary, the 2024 and 2023 revisions both list the guideline value at Rs 2,687 per sq.ft, indicating stability in the valuation for this period.

Guideline values in Maathoor

In Maathoor, there are 47 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 250 to Rs 2,687 per sq.ft, with a median value of Rs 500 per sq.ft. Green Acres IV's 2024 figure is significantly above this median.

• Green Acres II Layout: Rs 2,687 per sq.ft (2024)
• Green Acres Layout: Rs 1,000 per sq.ft (2024)
• Green Acers III: Rs 2,687 per sq.ft (2024)
• Indhira Nagar: Rs 250 per sq.ft (2024)
• Gandhiji Street: Rs 500 per sq.ft (2024)
• Four Greens: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Green Acres IV

For a 1,000 sq.ft plot at the current guideline value of Rs 2,687 per sq.ft, the total guideline value would be Rs 26,87,000. The stamp duty at 7% would be Rs 1,88,090, and the registration fee at 2% would be Rs 53,740, bringing the total to Rs 2,41,830. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Green Acres IV?

The Sub Registrar Office covering Green Acres IV is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Maathoor. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential for buyers and sellers to be aware of the current guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Green Acres IV?

The current guideline value of Green Acres IV is Rs 2,687 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Green Acres IV has remained constant at Rs 2,687 per sq.ft from 2023 to 2024. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Maathoor with guideline values?

Other streets in Maathoor include Green Acres II Layout and Green Acers III, both at Rs 2,687 per sq.ft, as well as Green Acres Layout at Rs 1,000 per sq.ft, among others.

What are the stamp duty and registration fees for property in Green Acres IV?

For a property valued at Rs 26,87,000, the stamp duty would be Rs 1,88,090, and the registration fee would be Rs 53,740, totaling Rs 2,41,830.

Which office handles registrations for Green Acres IV?

The Sunguvarchattram Sub Registrar Office is responsible for handling registrations for Green Acres IV, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu.