Guideline Value for Navalar Neduncheziyan Nagar Coovam River Side

Navalar Neduncheziyan Nagar Coovam River Side guideline value

The current guideline value of Navalar Neduncheziyan Nagar Coovam River Side is Rs 2,500 per sq.ft, effective from 1 July 2024. This property is located in Chindadripet village, under the Periamet Sub Registrar Office (SRO). The land classification for this area is Residential Class IV Type - I.

How the guideline value of Navalar Neduncheziyan Nagar Coovam River Side has changed

The guideline value register for Navalar Neduncheziyan Nagar Coovam River Side shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 2,500 per sq.ft.

There have been no changes between the revisions listed above, and the current figure remains consistent with the 2024 revision. As such, the guideline value for this street has been established at Rs 2,500 per sq.ft.

Guideline values in Chindadripet

In Chindadripet, there are 98 streets under the Periamet SRO that carry a 2024 guideline value, ranging from Rs 2,500 to Rs 18,100 per sq.ft, with a median value of Rs 3,300 per sq.ft. The guideline value for Navalar Neduncheziyan Nagar Coovam River Side is below this median.

• Navalar Neduncheziyan Nagar Fire Proof House: Rs 2,500 per sq.ft (2024)
• Navalar Neduncheziyan Nagar Lanes Slum: Rs 2,500 per sq.ft (2024)
• Nedunchizhiyan Nagar(Hut): Rs 2,500 per sq.ft (2024)
• New balakrishna Pillai street: Rs 2,500 per sq.ft (2024)
• New Bungalow Street: Rs 4,900 per sq.ft (2024)
• Nagamani Mudali street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Navalar Neduncheziyan Nagar Coovam River Side

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value is Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, making the total Rs 2,25,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Navalar Neduncheziyan Nagar Coovam River Side?

The Navalar Neduncheziyan Nagar Coovam River Side falls under the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. For more details, you can find your SRO.

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

The guideline value is a critical component in the registration process for property transactions in Chindadripet. It serves as a basis for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable duties. This ensures that all transactions are taxed fairly according to established property values.

Frequently asked questions

What is the current guideline value for Navalar Neduncheziyan Nagar Coovam River Side?

The current guideline value for Navalar Neduncheziyan Nagar Coovam River Side is Rs 2,500 per sq.ft, effective from 1 July 2024.

What are the land classification details for this area?

The land classification for Navalar Neduncheziyan Nagar Coovam River Side is Residential Class IV Type - I.

How has the guideline value changed over the years?

The guideline value has not changed since the last revision in 2024, which is set at Rs 2,500 per sq.ft. There are no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the median guideline value in Chindadripet?

The median guideline value in Chindadripet is Rs 3,300 per sq.ft, with the current value for Navalar Neduncheziyan Nagar Coovam River Side being below this median.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Navalar Neduncheziyan Nagar Coovam River Side is located at 1103, Poonamallee High Road, Chennai-600 003. You can find more details online.