Guideline Value for NESAMANI GARDEN PHASE-I & II

Nesamani Garden Phase-I & II guideline value

The current guideline value for Nesamani Garden Phase-I & II is Rs 2,239 per sq.ft. This property is located in Kazhipatoor village and falls under the Thiruporur SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Nesamani Garden Phase-I & II has changed

In the 2017 revision, the guideline value was recorded at Rs 1,500 per sq.ft. This marked a significant increase from the previous revisions, with no figures available for the years 2002, 2003, 2007, and 2012. The most recent 2023 revision has set the guideline value at Rs 2,239 per sq.ft, reflecting an increase of 49% from the 2017 figure.

As there are no figures available for the 2024 revision, the current guideline value remains at Rs 2,239 per sq.ft. This consistent rise in the guideline value indicates a notable change in valuation over the years, particularly from 2017 to 2023.

Guideline values in Kazhipatoor

Currently, there are no specific village figures available for Kazhipatoor. The guideline value for Nesamani Garden Phase-I & II is Rs 2,239 per sq.ft, and there are no other streets in Kazhipatoor listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Nesamani Garden Phase-I & II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, bringing the total to Rs 2,01,510. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nesamani Garden Phase-I & II?

The Nesamani Garden Phase-I & II is covered by 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 Kazhipatoor

The guideline value is a crucial factor when registering property transactions in Kazhipatoor. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the sale or purchase of property.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Nesamani Garden Phase-I & II?

The current guideline value for Nesamani Garden Phase-I & II is Rs 2,239 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,500 per sq.ft to Rs 2,239 per sq.ft, which is a rise of 49%.

Are there any guideline value figures for the years 2002, 2003, 2007, and 2012?

No, the register does not have any figures for the guideline values for the years 2002, 2003, 2007, and 2012 for Nesamani Garden Phase-I & II.

What is the stamp duty percentage for property in Nesamani Garden Phase-I & II?

The stamp duty for property transactions in Nesamani Garden Phase-I & II is charged at 7% of 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.