Guideline Value for Revathi Grant Lyon

Revathi Grant Lyon guideline value

The current guideline value for Revathi Grant Lyon is not published; it was last notified at Rs 800 per sq.ft in the 2017 revision. This street is located in Grandlyon village, under the jurisdiction of the Redhills SRO.

How the guideline value of Revathi Grant Lyon has changed

In the 2002 revision, the register has no figure for Revathi Grant Lyon. The same is true for the revisions in 2003, 2007, 2012, and 2023, where no figures are available for this street. The last known guideline value was recorded in the 2017 revision at Rs 800 per sq.ft, and there have been no changes since then.

As of the 2024 revision, there is still no current rate published for Revathi Grant Lyon. Therefore, the guideline value remains at Rs 800 per sq.ft since the last notified figure in 2017.

Guideline values in Grandlyon

In Grandlyon, there are 82 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,500 per sq.ft, with a median of Rs 660 per sq.ft. Revathi Grant Lyon, however, does not have a current rate published.

• Revathy Grantlyon: Rs 880 per sq.ft (2024)
• Rajiv Gandhi Street: Rs 660 per sq.ft (2024)
• Senthil Nagar: Rs 880 per sq.ft (2024)
• Sheelo Nagar: Rs 440 per sq.ft (2024)
• Silvar Nagar: Rs 660 per sq.ft (2024)
• Pillaiyar Koil Street: Rs 660 per sq.ft (2024)

Stamp duty and registration fee for property in Revathi Grant Lyon

There is no current rate for Revathi Grant Lyon to provide a worked example. However, stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Revathi Grant Lyon?

The Revathi Grant Lyon area is covered by the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration of property transactions in Grandlyon. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the authorities.

When buying or selling property, the guideline value is compared with the sale price. The stamp duty is charged on the higher of the two amounts, ensuring that the registration process reflects the true value of the transaction.

Frequently asked questions

What is the current guideline value for Revathi Grant Lyon?

The current guideline value for Revathi Grant Lyon is not published; it was last notified at Rs 800 per sq.ft in the 2017 revision.

Have there been any changes to the guideline value since 2017?

No, there have been no changes to the guideline value of Revathi Grant Lyon since the 2017 revision, where it was last recorded at Rs 800 per sq.ft.

What are the guideline values for other streets in Grandlyon?

In Grandlyon, other streets have varying guideline values ranging from Rs 440 to Rs 1,500 per sq.ft. For example, Revathy Grantlyon is at Rs 880 per sq.ft, while Sheelo Nagar is at Rs 440 per sq.ft.

Where can I find the registration office for Revathi Grant Lyon?

The registration office covering Revathi Grant Lyon is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is the stamp duty calculated for properties in Grandlyon?

Stamp duty for properties in Grandlyon is calculated based on the higher of the guideline value and the sale price of the property. This ensures that the registration reflects the true value of the transaction.