Guideline Value for ISHA SWARNABHOOMI

Isha Swarnabhoomi guideline value

The current guideline value of Isha Swarnabhoomi is Rs 2,750 per sq.ft, effective from 1 July 2024. It is located in Panaveduthottam village under the Poonamallee SRO, classified as Residential Class II Type - I.

How the guideline value of Isha Swarnabhoomi has changed

The guideline value for Isha Swarnabhoomi has remained consistent in recent revisions. The 2023 revision also listed the guideline value at Rs 2,750 per sq.ft. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

From the 2023 to the 2024 revision, there was no change, maintaining the guideline value at Rs 2,750 per sq.ft. This consistency indicates stability in the valuation for this property.

Guideline values in Panaveduthottam

In Panaveduthottam, three streets under the Poonamallee SRO have a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 2,750 per sq.ft, placing Isha Swarnabhoomi at the median rate.

• Rr Aishwaryam: Rs 2,750 per sq.ft (2024)
• Sri Ranibai Nagar: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Isha Swarnabhoomi

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, totaling Rs 2,47,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Isha Swarnabhoomi?

The Isha Swarnabhoomi property is covered by the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Panaveduthottam. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory during the property transaction process.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and transparently. It helps in determining the official value of the property for legal and taxation purposes.

Frequently asked questions

What is the current guideline value of Isha Swarnabhoomi?

The current guideline value of Isha Swarnabhoomi is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Isha Swarnabhoomi has remained at Rs 2,750 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for property in Isha Swarnabhoomi?

The stamp duty for a property valued at Rs 27,50,000 is Rs 1,92,500, and the registration fee is Rs 55,000, totaling Rs 2,47,500. Duty is charged on the guideline value or the sale price, whichever is higher.

Which office handles registrations for Isha Swarnabhoomi?

The Poonamallee Sub Registrar Office handles registrations for Isha Swarnabhoomi, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.

What is the significance of the guideline value?

The guideline value is significant as it is used to calculate the stamp duty and registration fees when buying or selling property. It ensures that property transactions are recorded accurately and transparently.