Guideline Value for NAHAR FOUNDATION

Nahar Foundation guideline value

The current guideline value for Nahar Foundation is Rs 600 per sq.ft. This property is located in Nemmeli village, under the Thiruporur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Nahar Foundation has changed

According to the guideline value register, there have been several revisions over the years. The register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 600 per sq.ft, which has remained unchanged since the previous revisions.

As there are no figures available for the aforementioned years, it can be concluded that the guideline value for Nahar Foundation has consistently been Rs 600 per sq.ft since the 2023 revision, with no changes recorded in the earlier revisions.

Guideline values in Nemmeli

Currently, the only guideline value available for Nemmeli is for Nahar Foundation, which stands at Rs 600 per sq.ft. There are no other streets in Nemmeli listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Nahar Foundation

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. Please note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nahar Foundation?

The Nahar Foundation falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Nemmeli. It serves as the baseline for calculating stamp duty and registration fees, ensuring that both parties are aware of the minimum value recognized by the government for the property.

When a property transaction occurs, the guideline value helps in determining the legal and financial obligations of the buyer and seller. It is crucial for both parties to be informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Nahar Foundation?

The current guideline value of Nahar Foundation is Rs 600 per sq.ft, as per the 2023 revision.

What is the classification of land in Nahar Foundation?

Nahar Foundation is classified as Residential Class I Type - I, which indicates its intended use for residential purposes.

How has the guideline value changed over the years?

According to the guideline value register, the guideline value for Nahar Foundation has remained unchanged at Rs 600 per sq.ft since the 2023 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for property in Nahar Foundation?

For a property valued at Rs 6,00,000, the stamp duty is Rs 42,000, and the registration fee is Rs 12,000, totaling Rs 54,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone, and it handles registrations for properties in Nahar Foundation.