Guideline Value for N.S.K NAGAR PHASE I

N.S.K Nagar Phase I guideline value

The current guideline value of N.S.K Nagar Phase I is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Vettamperumpakkam village and falls under the Acchirapakkam SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of N.S.K Nagar Phase I has changed

Since the register has no figures for the years 2002, 2003, 2007, 2012, and 2017, we will focus on the revisions from 2023 and 2024. The guideline value remained unchanged at Rs 200 per sq.ft from the 2023 revision to the 2024 revision, reflecting a change of +0%.

In the 2024 revision, the guideline value is set at Rs 200 per sq.ft, consistent with the previous year's rate. This stability indicates no fluctuations in the guideline value for N.S.K Nagar Phase I over the last two years.

Guideline values in Vettamperumpakkam

No village figures are provided for Vettamperumpakkam. Currently, there are no other streets in Vettamperumpakkam under the Acchirapakkam SRO.

Stamp duty and registration fee for property in N.S.K Nagar Phase I

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers N.S.K Nagar Phase I?

The N.S.K Nagar Phase I area is covered by the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Vettamperumpakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value.

When a property is bought or sold, the higher value between the guideline value and the sale price is used to determine the applicable duties. This process helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of N.S.K Nagar Phase I?

The current guideline value of N.S.K Nagar Phase I is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained stable at Rs 200 per sq.ft from 2023 to 2024. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for N.S.K Nagar Phase I?

The land classification for N.S.K Nagar Phase I is Residential Special Type - I, indicating its designated use within the area.

Where can I find the Acchirapakkam Sub Registrar Office?

The Acchirapakkam Sub Registrar Office is located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. This office handles registrations for properties in N.S.K Nagar Phase I.

How is stamp duty calculated in N.S.K Nagar Phase I?

Stamp duty in N.S.K Nagar Phase I is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 2,00,000, the total stamp duty and registration fees would be Rs 18,000.