Guideline Value for ISWARYA NAGAR

Iswarya Nagar guideline value

The current guideline value of Iswarya Nagar is Rs 450 per sq.ft, as per the 2023 revision. This area falls under Putlur village and is governed by the Tiruvallur Joint 1 SRO. The land classification for Iswarya Nagar is Residential Class I Type - III.

How the guideline value of Iswarya Nagar has changed

Looking at the revisions, the guideline value for Iswarya Nagar was Rs 450 per sq.ft in the 2012 revision. This figure remained the same in the 2023 revision. However, in the 2017 revision, the value decreased to Rs 301 per sq.ft, marking a significant drop of 33%. The most recent revision from 2017 to 2023 saw an increase of 50%, bringing the value back up to Rs 450 per sq.ft.

It is important to note that there are no figures available for Iswarya Nagar in the revisions for 2002, 2003, 2007, and 2024. Therefore, the only relevant figures are from the years 2012, 2017, and 2023.

Guideline values in Putlur

Currently, there are no specific village figures provided for Putlur. Iswarya Nagar is one of the streets under the Tiruvallur Joint 1 SRO. Unfortunately, there are no other streets in Putlur listed with guideline values.

Stamp duty and registration fee for property in Iswarya Nagar

For a 1,000 sq.ft plot at the current rate of Rs 450 per sq.ft, the guideline value amounts to Rs 4,50,000. The stamp duty at 7% would be Rs 31,500, and the registration fee at 2% would be Rs 9,000, leading to a total of Rs 40,500. Please note that the 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 Iswarya Nagar?

The Sub Registrar Office that covers Iswarya Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering property in Putlur. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When you buy or sell a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Iswarya Nagar?

The current guideline value of Iswarya Nagar is Rs 450 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 450 per sq.ft in 2012 to Rs 301 per sq.ft in 2017, a decrease of 33%. It then increased back to Rs 450 per sq.ft in 2023, marking a 50% increase from 2017.

Are there any guideline values for other streets in Putlur?

No specific guideline values for other streets in Putlur are provided. Iswarya Nagar is the only street mentioned under the Tiruvallur Joint 1 SRO.

What are the stamp duty and registration fees for Iswarya Nagar?

The stamp duty for a property in Iswarya Nagar is 7%, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 40,500.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Tiruvallur Joint 1 Sub Registrar Office located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. For more details, you can use the find your SRO link.