Guideline Value for KARTHICK NAGAR

Karthick Nagar guideline value

The current guideline value of Karthick Nagar is Rs 1,500 per sq.ft as per the 2023 revision. This area is located in Ayyencheri village and falls under the Gooduvancheri SRO. The land classification for this region is Residential Special Type - II.

How the guideline value of Karthick Nagar has changed

In the 2002 revision, there is no figure available for Karthick Nagar. Similarly, the revisions for 2003, 2007, 2012, and 2017 also do not provide any guideline value for this street. The most recent revision in 2023 has set the guideline value at Rs 1,500 per sq.ft, indicating that there have been no changes in the guideline values across the previous revisions.

To summarize, Karthick Nagar has consistently had no reported guideline values in the revisions from 2002 to 2017. The only available guideline value is from the 2023 revision, which is Rs 1,500 per sq.ft.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. Karthick Nagar is one of the streets within this village, but there are no other streets in Ayyencheri listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Karthick Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Karthick Nagar?

The Sub Registrar Office that covers Karthick Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Ayyencheri, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is set by the Registration Department and is used as a benchmark for calculating these costs during the registration process.

It is essential for buyers and sellers to be aware of the guideline value, as it influences the overall expenses involved in property transactions. The higher amount between the guideline value and the sale price will be considered for calculating the stamp duty.

Frequently asked questions

What is the current guideline value of Karthick Nagar?

The current guideline value of Karthick Nagar is Rs 1,500 per sq.ft, as per the 2023 revision.

Have there been any changes in the guideline value for Karthick Nagar?

No changes have been reported in the guideline value for Karthick Nagar across the revisions from 2002 to 2023. The only available figure is from the 2023 revision.

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

The Sub Registrar Office for Karthick Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

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

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,500 per sq.ft, the stamp duty would be Rs 1,05,000.

Are there other streets in Ayyencheri with guideline values?

Currently, there are no other streets in Ayyencheri listed under the Gooduvancheri SRO with guideline values available.