Guideline Value for New Vinoba Nagar 3rd street

New Vinoba Nagar 3rd street guideline value

The current guideline value of New Vinoba Nagar 3rd street is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village, under the jurisdiction of the Royapuram SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of New Vinoba Nagar 3rd street has changed

The guideline value register has no figures for New Vinoba Nagar 3rd street for the years 2023, 2017, 2012, 2007, 2003, and 2002. The latest revision in 2024 sets the guideline value at Rs 1,300 per sq.ft.

Since there are no figures for the previous revisions, it can be concluded that there have been no changes in the guideline value for this street across the years listed above.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 10,100 per sq.ft, with a median value of Rs 1,600 per sq.ft. The guideline value for New Vinoba Nagar 3rd street is below this median.

• New Vinoba Nagar 2nd street: Rs 1,300 per sq.ft (2024)
• New Vinoba Nagar 1st street: Rs 1,300 per sq.ft (2024)
• New Vaidhyanathan Street: Rs 4,400 per sq.ft (2024)
• New Thandavarayan Street: Rs 6,600 per sq.ft (2024)
• New Soliappan Street: Rs 2,200 per sq.ft (2024)
• New Sastri Nagar: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in New Vinoba Nagar 3rd street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total amount to Rs 1,17,000. It is important to note that the 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 New Vinoba Nagar 3rd street?

The Sub Registrar Office that covers New Vinoba Nagar 3rd street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Tondaiarpet. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the property transaction process.

When registering a property, the guideline value is used to calculate the applicable duties and fees, ensuring that the transaction complies with local regulations. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of New Vinoba Nagar 3rd street?

The current guideline value of New Vinoba Nagar 3rd street is Rs 1,300 per sq.ft, effective from 1 July 2024.

What is the land classification for New Vinoba Nagar 3rd street?

The land classification for New Vinoba Nagar 3rd street is Residential Class II Type - I.

Are there any previous guideline value figures for New Vinoba Nagar 3rd street?

The guideline value register has no figures for New Vinoba Nagar 3rd street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

How does the guideline value compare to other streets in Tondaiarpet?

The guideline value for New Vinoba Nagar 3rd street is Rs 1,300 per sq.ft, which is below the median value of Rs 1,600 per sq.ft for other streets in Tondaiarpet.

Where can I find the Sub Registrar Office for New Vinoba Nagar 3rd street?

The Sub Registrar Office for New Vinoba Nagar 3rd street is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.