Guideline Value for Karanaipuducheri Road

Karanaipuducheri Road guideline value

The current guideline value of Karanaipuducheri Road is Rs 2,100 per sq.ft. This road is located in Urapakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Karanaipuducheri Road has changed

The guideline value for Karanaipuducheri Road has seen several revisions over the years. In 2012, the guideline value was Rs 2,100 per sq.ft. This figure remained unchanged until the next revision in 2017, where it decreased to Rs 1,407 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the value increased to Rs 2,100 per sq.ft again, representing a 49% increase from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained the same at Rs 2,100 per sq.ft. The register does not provide figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Urapakkam

Currently, there are no specific village figures available for Urapakkam. The guideline value for Karanaipuducheri Road is Rs 2,100 per sq.ft. There are no other streets in Urapakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Karanaipuducheri Road

For a 1,000 sq.ft plot at the current rate of Rs 2,100 per sq.ft, the guideline value amounts to Rs 21,00,000. The stamp duty at 7% would be Rs 1,47,000, while the registration fee at 2% would be Rs 42,000, bringing the total to Rs 1,89,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Karanaipuducheri Road?

The Gooduvancheri Sub Registrar Office covers Karanaipuducheri Road. The office is 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 Urapakkam

The guideline value is a crucial factor in the registration process when buying or selling property in Urapakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these charges are based on a standardized value recognized by the government.

When a property transaction occurs, the guideline value is used to determine the applicable stamp duty and registration fees. Buyers and sellers should be aware that these fees are charged on the higher of the guideline value or the sale price, which can impact the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Karanaipuducheri Road?

The current guideline value of Karanaipuducheri Road is Rs 2,100 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,100 per sq.ft in 2012 to Rs 1,407 per sq.ft in 2017, and then back to Rs 2,100 per sq.ft in 2023. This represents a 49% increase from 2017 to 2023.

Where can I find the registration office for Karanaipuducheri Road?

The Gooduvancheri Sub Registrar Office, which covers Karanaipuducheri Road, is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What are the stamp duty and registration fees for properties in Urapakkam?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2%. For example, for a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 1,89,000.

Is there any guideline value figure for the years 2002, 2003, 2007, and 2024?

The register does not provide any figures for Karanaipuducheri Road for the years 2002, 2003, 2007, and 2024.