Guideline Value for LAKSHMI VILAS BANK EMPLOYES NAGAR

Lakshmi Vilas Bank Employes Nagar guideline value

The current guideline value for Lakshmi Vilas Bank Employes Nagar is Rs 700 per sq.ft. This area falls under the Tiruvallur Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Lakshmi Vilas Bank Employes Nagar has changed

In the 2012 revision, the guideline value was set at Rs 700 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 469 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the guideline value increased to Rs 700 per sq.ft again, representing a 49% increase from the 2017 figure. Overall, from the 2012 revision to the 2023 revision, the guideline value remained the same.

The register does not provide figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in 192/87veppampattu

There are no specific village figures available for 192/87veppampattu. This street is part of the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Lakshmi Vilas Bank Employes Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Lakshmi Vilas Bank Employes Nagar?

The Lakshmi Vilas Bank Employes Nagar area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 192/87veppampattu

The guideline value is a crucial factor in the registration process for property transactions in 192/87veppampattu. It determines the minimum value at which a property can be registered, ensuring that the stamp duty and registration fees are calculated fairly based on this value.

When buying or selling property in this area, the guideline value will be used to assess the applicable stamp duty and registration fees. It is essential to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Lakshmi Vilas Bank Employes Nagar?

The current guideline value for Lakshmi Vilas Bank Employes Nagar is Rs 700 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, and then back to Rs 700 per sq.ft in 2023. Overall, from 2012 to 2023, the guideline value remained the same.

What is the land classification for Lakshmi Vilas Bank Employes Nagar?

Lakshmi Vilas Bank Employes Nagar is classified as Residential Class I Type - III, indicating its designation for residential purposes.

What are the stamp duty and registration fees for property in this area?

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 63,000.

Which office handles registrations for Lakshmi Vilas Bank Employes Nagar?

The Tiruvallur Joint 1 Sub Registrar Office handles registrations for Lakshmi Vilas Bank Employes Nagar, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.