Guideline Value for HARSHADHA HOMES

Harshadha Homes guideline value

The current guideline value of Harshadha Homes in Patharvaadi village is Rs 1,250 per sq.ft, effective from 1 July 2024. This property falls under the Walajabad Sub Registrar Office (SRO) and is classified as Residential Special Type - II.

How the guideline value of Harshadha Homes has changed

The guideline value for Harshadha Homes has seen several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,250 per sq.ft. This remained unchanged until the 2017 revision, where it dropped to Rs 837 per sq.ft, reflecting a decrease of 33%. The following revision in 2023 brought the value back to Rs 1,250 per sq.ft, maintaining the same figure in the 2024 revision, resulting in no percentage change from 2023 to 2024.

From 2017 to 2023, there was a significant increase of 49%, bringing the value back to the same level as in 2012. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Patharvaadi

In Patharvaadi, there are five streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 1,250 to Rs 2,850 per sq.ft, with a median value of Rs 1,250 per sq.ft. Harshadha Homes aligns with this median value.

• Hiranandani Parks: Rs 1,250 per sq.ft (2024)
• Divyadhara Homes: Rs 1,250 per sq.ft (2024)
• Tierra: Rs 2,090 per sq.ft (2024)
• Tierra-3: Rs 2,850 per sq.ft (2024)

Stamp duty and registration fee for property in Harshadha Homes

For a 1,000 sq.ft plot at the current rate of Rs 1,250 per sq.ft, the guideline value amounts to Rs 12,50,000. The stamp duty at 7% would be Rs 87,500, and the registration fee at 2% would be Rs 25,000, totaling Rs 1,12,500. It is important to note that 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 more details.

Which Sub Registrar Office covers Harshadha Homes?

The Walajabad Sub Registrar Office covers Harshadha Homes, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Patharvaadi. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring compliance with local regulations.

It is essential for buyers and sellers to be aware of the guideline value to accurately assess the costs associated with property transactions. This value serves as a benchmark for the financial obligations incurred during the registration process.

Frequently asked questions

What is the current guideline value of Harshadha Homes?

The current guideline value of Harshadha Homes is Rs 1,250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, with the most recent revisions being Rs 1,250 per sq.ft in both 2023 and 2024, and a drop to Rs 837 per sq.ft in 2017.

What is the land classification for Harshadha Homes?

Harshadha Homes is classified as Residential Special Type - II, which is relevant for determining the applicable regulations and guidelines.

What are the stamp duty and registration fees for Harshadha Homes?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 1,12,500, based on the current guideline value of Rs 12,50,000.

Where is the Walajabad Sub Registrar Office located?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.