Guideline Value for Harini Nagar

Harini Nagar guideline value

The current guideline value of Harini Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Mevaloorkuppam B village under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of Harini Nagar has changed

The guideline value for Harini Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 201 per sq.ft, which remained unchanged at Rs 300 per sq.ft during the 2023 revision. The latest 2024 revision also maintains this value at Rs 300 per sq.ft, indicating no change from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2017 to 2024, the increase remains at 49%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Mevaloorkuppam B

In Mevaloorkuppam B, there are 84 streets under the Sriperumpudur SRO that carry a guideline value for 2024, ranging from Rs 100 to Rs 6,200 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Harini Nagar's 2024 figure below this median.

• Happy Land Colony: Rs 400 per sq.ft (2024)
• Ilangaliyamman Koil Street: Rs 400 per sq.ft (2024)
• Green City: Rs 400 per sq.ft (2024)
• Golden Growvilla: Rs 400 per sq.ft (2024)
• Golden Castle: Rs 400 per sq.ft (2024)
• Gangaiyamman Koil Street: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Harini Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Harini Nagar?

The Sub Registrar Office covering Harini Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Mevaloorkuppam B. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

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

Frequently asked questions

What is the current guideline value of Harini Nagar?

The current guideline value of Harini Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in both 2023 and 2024, showing a 49% increase overall from 2017 to 2024.

What is the median guideline value in Mevaloorkuppam B?

The median guideline value in Mevaloorkuppam B is Rs 400 per sq.ft for 2024, while Harini Nagar's value is below this median.

What are the stamp duty and registration fees for a property in Harini Nagar?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Where is the Sub Registrar Office for Harini Nagar located?

The Sub Registrar Office for Harini Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.