Guideline Value for Harisai Nagar

Harisai Nagar guideline value

The current guideline value for Harisai Nagar, located in Chikkarayapuram village under the Kunrathur SRO, is not published. The last notified guideline value was Rs 1,206 per sq.ft during the 2017 revision. The land classification for this area is Mixed Special Type - II.

How the guideline value of Harisai Nagar has changed

In the 2012 revision, the guideline value was Rs 1,800 per sq.ft. This figure decreased to Rs 1,206 per sq.ft in the 2017 revision, marking a change of -33%. There are no figures available for the years 2024, 2023, 2007, 2003, and 2002 for this street.

As we look at the revisions, the significant drop from Rs 1,800 in 2012 to Rs 1,206 in 2017 stands out. Unfortunately, the register does not provide any figures for the years prior to 2012 or after 2017, indicating a lack of updated valuation for Harisai Nagar.

Guideline values in Chikkarayapuram

In Chikkarayapuram, there are 61 streets under the Kunrathur SRO that carry a guideline value for 2024, ranging from Rs 1,430 to Rs 2,800 per sq.ft, with a median value of Rs 1,980 per sq.ft. Harisai Nagar currently does not have a published value, which places it outside the current valuation range of the other streets in the village.

• Gandhi Street: Rs 1,980 per sq.ft (2024)
• Jothi park: Rs 1,980 per sq.ft (2024)
• Kamatchi Amman Nagar: Rs 1,980 per sq.ft (2024)
• Check Post Gandi Road: Rs 1,980 per sq.ft (2024)
• Charles Nagar: Rs 1,980 per sq.ft (2024)
• Krishna Nagar: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Harisai Nagar

As there is no current rate for Harisai Nagar, a worked example cannot be provided. It is important to note that stamp duty and registration fees are charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Harisai Nagar?

The Sub Registrar Office that covers Harisai Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process when buying or selling property in Chikkarayapuram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When a property is sold, the buyer must pay stamp duty based on the higher of the guideline value or the agreed sale price. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the state.

Frequently asked questions

What is the current guideline value for Harisai Nagar?

The current guideline value for Harisai Nagar is not published. The last known rate was Rs 1,206 per sq.ft during the 2017 revision.

How has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased from Rs 1,800 per sq.ft to Rs 1,206 per sq.ft, which is a reduction of -33%. There are no figures available for the years 2024, 2023, 2007, 2003, and 2002.

What is the land classification for Harisai Nagar?

The land classification for Harisai Nagar is Mixed Special Type - II. This classification can affect the guideline value and potential uses of the land.

What are the guideline values for other streets in Chikkarayapuram?

Other streets in Chikkarayapuram have a guideline value of Rs 1,980 per sq.ft for 2024. Some of these streets include Gandhi Street, Jothi park, and Kamatchi Amman Nagar.

Where can I find the Sub Registrar Office for Harisai Nagar?

The Sub Registrar Office for Harisai Nagar is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles the registration of properties in the area.