Guideline Value for LAKSHMI NARASIMHA GARDEN

Lakshmi Narasimha Garden guideline value

The current guideline value of Lakshmi Narasimha Garden is Rs 650 per sq.ft. This property is located in Sevvapet village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Lakshmi Narasimha Garden has changed

The guideline value for Lakshmi Narasimha Garden has undergone several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 650 per sq.ft. There are no figures available for this street in the revisions for the years 2024, 2017, 2012, 2007, 2003, and 2002.

Since the 2023 revision, there have been no changes in the guideline value for Lakshmi Narasimha Garden. As such, the only available figure remains the Rs 650 per sq.ft established in 2023.

Guideline values in Sevvapet

Currently, there are no specific village figures provided for Sevvapet. The guideline value of Lakshmi Narasimha Garden stands at Rs 650 per sq.ft. There are no other streets in Sevvapet under the Tiruvallur Joint 1 SRO listed.

Stamp duty and registration fee for property in Lakshmi Narasimha Garden

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 6,50,000. The stamp duty at 7% would be Rs 45,500, and the registration fee at 2% would be Rs 13,000, bringing the total fees together to Rs 58,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Lakshmi Narasimha Garden?

The Sub Registrar Office that covers Lakshmi Narasimha Garden is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Sevvapet. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the higher of the guideline value or the sale price is used to calculate these fees. This ensures that the government collects the appropriate amount based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Lakshmi Narasimha Garden?

The current guideline value of Lakshmi Narasimha Garden is Rs 650 per sq.ft as per the 2023 revision.

What is the land classification for Lakshmi Narasimha Garden?

The land classification for Lakshmi Narasimha Garden is Residential Class I Type - I.

Have there been any changes in the guideline value for Lakshmi Narasimha Garden?

There have been no changes in the guideline value for Lakshmi Narasimha Garden since the 2023 revision, which remains at Rs 650 per sq.ft.

What are the stamp duty and registration fees for a property in Lakshmi Narasimha Garden?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 58,500, which includes Rs 45,500 for stamp duty and Rs 13,000 for the registration fee.

Where is the Sub Registrar Office for Lakshmi Narasimha Garden located?

The Sub Registrar Office covering Lakshmi Narasimha Garden is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.