Guideline Value for RITHIKA ELITE PHASE -II

Rithika Elite Phase -II guideline value

The current guideline value of Rithika Elite Phase -II is Rs 2,239 per sq.ft. This property is located in Unamancheri village, under the Gooduvancheri SRO, and falls under the Mixed Type - II land classification.

How the guideline value of Rithika Elite Phase -II has changed

The guideline value for Rithika Elite Phase -II has undergone significant changes over the years. In the 2017 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure was revised to Rs 2,239 per sq.ft in 2023, marking an increase of 49% from the previous revision.

It is important to note that the guideline value register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only available figures are from the 2017 and 2023 revisions.

Guideline values in Unamancheri

Currently, there are no specific village figures available for Unamancheri. The Rithika Elite Phase -II guideline value is set within this area, and there are no other streets in Unamancheri under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Rithika Elite Phase -II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value would be Rs 22,39,000. The stamp duty at 7% would amount to Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, bringing the total fees 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.

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

Which Sub Registrar Office covers Rithika Elite Phase -II?

The Rithika Elite Phase -II is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. For more details, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Unamancheri. It serves as a benchmark for calculating the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable duties. This ensures that the transaction is registered accurately and in accordance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Rithika Elite Phase -II?

The current guideline value of Rithika Elite Phase -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 change of 49%.

Are there any guideline values available for the years 2002, 2003, 2007, 2012, and 2024?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Rithika Elite Phase -II.

What is the stamp duty rate for properties in Rithika Elite Phase -II?

The stamp duty rate for properties in Rithika Elite Phase -II is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Gooduvancheri Sub Registrar Office?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.