Guideline Value for Hasiya Nagar

Hasiya Nagar guideline value

The current guideline value of Hasiya Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Nemili_B village, under the jurisdiction of the Sriperumpudur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Hasiya Nagar has changed

Looking at the revisions, the guideline value for Hasiya Nagar has remained consistent at Rs 200 per sq.ft for both the 2023 and 2024 revisions. Prior to this, the 2017 revision recorded a guideline value of Rs 134 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

Overall, from the 2017 revision to the 2024 revision, there has been a 49% increase. The register does not contain figures for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Nemili_B

Nemili_B village has a total of 97 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,500 per sq.ft. The median guideline value in this village is Rs 250 per sq.ft, placing Hasiya Nagar's 2024 figure below this median.

• Green Field New Town: Rs 600 per sq.ft (2024)
• Gragapriya Nagar: Rs 300 per sq.ft (2024)
• Gowthami Nagar (Gowthami Estates): Rs 300 per sq.ft (2024)
• Gowtham Golden Avenue: Rs 300 per sq.ft (2024)
• Gnanambal Nagar: Rs 300 per sq.ft (2024)
• Gnammal Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Hasiya Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Hasiya Nagar?

The Sub Registrar Office that covers Hasiya 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 Nemili_B

The guideline value plays a crucial role when buying or selling property in Nemili_B. It is used to determine the stamp duty and registration fees, which are mandatory costs associated with property transactions.

At the time of registration, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Hasiya Nagar?

The current guideline value of Hasiya Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2023 to 2024. It increased by 49% from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023.

What is the land classification of Hasiya Nagar?

Hasiya Nagar is classified as Residential Class III Type - I, indicating its suitability for residential development.

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

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

How is the stamp duty calculated for property in Hasiya Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft would incur a total stamp duty and registration fee of Rs 18,000.