Guideline Value for Havisha Homes

Havisha Homes guideline value

The current guideline value for Havisha Homes in Pennaloor village is Rs 850 per sq.ft, effective from 1 July 2024. This property falls under the Sriperumpudur SRO and is classified as Residential Special Type - II.

How the guideline value of Havisha Homes has changed

Since the 2012 revision, the guideline value for Havisha Homes has remained stable at Rs 850 per sq.ft, with no change noted from the 2023 to 2024 revision. The 2017 revision recorded a guideline value of Rs 569 per sq.ft, marking a significant increase of 49% to the 2023 figure, which was Rs 850 per sq.ft.

Looking back further, the 2012 revision also set the guideline value at Rs 850 per sq.ft, indicating no change from that year to the current value. There are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Pennaloor

Pennaloor village has 35 streets under the Sriperumpudur SRO that carry a guideline value for 2024, ranging from Rs 100 to Rs 1,200 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Havisha Homes is above this median.

• Heath Centre: Rs 200 per sq.ft (2024)
• Gowtham Nagar: Rs 200 per sq.ft (2024)
• Gangai Amman Koil Street: Rs 200 per sq.ft (2024)
• K.A.Anna Nagar: Rs 400 per sq.ft (2024)
• K.A.Anna Nagar Ph.-II: Rs 500 per sq.ft (2024)
• E.B.Kudi Colony: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Havisha Homes

For a 1,000 sq.ft plot at the current guideline value of Rs 850 per sq.ft, the total guideline value amounts to Rs 8,50,000. The stamp duty at 7% would be Rs 59,500, and the registration fee at 2% would be Rs 17,000, bringing the total fees to Rs 76,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Havisha Homes?

The Sub Registrar Office that covers Havisha Homes 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 Pennaloor

The guideline value is a crucial factor when registering property transactions in Pennaloor. It serves as a benchmark for determining the stamp duty and registration fees applicable to the sale or purchase of property.

When a property is sold, the registration office uses the guideline value to calculate the necessary fees, ensuring that all transactions comply with local regulations. Buyers and sellers should be aware of the current guideline value to prepare for these costs accurately.

Frequently asked questions

What is the current guideline value for Havisha Homes?

The current guideline value for Havisha Homes in Pennaloor village is Rs 850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Havisha Homes has remained at Rs 850 per sq.ft since the 2012 revision. It increased from Rs 569 per sq.ft in 2017 to Rs 850 per sq.ft in 2023, with no change noted from 2023 to 2024.

What are the guideline values of other streets in Pennaloor?

In Pennaloor, the guideline values for other streets range from Rs 100 to Rs 1,200 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Havisha Homes is above this median.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 8,50,000, the stamp duty would be Rs 59,500, and the registration fee would be Rs 17,000, totaling Rs 76,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Havisha Homes located?

The Sub Registrar Office for Havisha Homes is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles all registrations for properties in the area.