Guideline Value for GRS VILLA GARDEN EXTENSION - I

Grs Villa Garden Extension - I guideline value

The current guideline value for Grs Villa Garden Extension - I is Rs 1,700 per sq.ft. This property is located in Nalambakkam village, under the Gooduvancheri SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Grs Villa Garden Extension - I has changed

According to the guideline value register, there have been several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 1,700 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes in the guideline value for Grs Villa Garden Extension - I. The previous revisions do not provide any figures for this street, indicating a consistent valuation in the recent years.

Guideline values in Nalambakkam

Currently, there are no specific village figures available for Nalambakkam. Grs Villa Garden Extension - I is the only street listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Grs Villa Garden Extension - I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, making the total cost of duty and fees Rs 1,53,000. It is important to note that the 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 Grs Villa Garden Extension - I?

The Gooduvancheri Sub Registrar Office covers Grs Villa Garden Extension - I. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 603202, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Nalambakkam. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the duty is charged on the higher of the two amounts. This ensures that the appropriate fees are collected based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value for Grs Villa Garden Extension - I?

The current guideline value for Grs Villa Garden Extension - I is Rs 1,700 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Grs Villa Garden Extension - I since the 2023 revision. Previous revisions do not have figures available for this street.

What is the stamp duty rate for property in Grs Villa Garden Extension - I?

The stamp duty rate for property in Grs Villa Garden Extension - I is 7% of the guideline value or the sale price, whichever is higher.

What are the registration fees for property transactions in this area?

The registration fee for property transactions in Grs Villa Garden Extension - I is 2% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 603202, Chengalpattu registration zone.