Guideline Value for S.C.C. Anthony Pillai Nagar-IV

S.C.C. Anthony Pillai Nagar-IV guideline value

The current guideline value of S.C.C. Anthony Pillai Nagar-IV is Rs 1,500 per sq.ft. This area is located in Gooduvancheri village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of S.C.C. Anthony Pillai Nagar-IV has changed

The guideline value for S.C.C. Anthony Pillai Nagar-IV has remained stable at Rs 1,500 per sq.ft from the 2023 revision to the 2024 revision, reflecting a change of +0%. The previous revision in 2017 recorded a guideline value of Rs 1,005 per sq.ft, marking a significant increase of +49% over the six-year period from 2017 to 2023, and an overall increase of +49% from 2017 to 2024.

The guideline value register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Therefore, the only revisions available are from 2017, 2023, and 2024.

Guideline values in Gooduvancheri

In Gooduvancheri, there are 129 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 3,500 per sq.ft, with a median value of Rs 1,500 per sq.ft. The guideline value for S.C.C. Anthony Pillai Nagar-IV aligns with this median.

• S.C.C. Anthony Pillai Nagar: Rs 1,500 per sq.ft (2024)
• Sarathi Nagar: Rs 1,200 per sq.ft (2024)
• Sengutuvan Street: Rs 1,200 per sq.ft (2024)
• Shankar Ganesh Nagar: Rs 1,500 per sq.ft (2024)
• Shunmugam Nagar: Rs 1,000 per sq.ft (2024)
• Shunmugam Nagar Phase I: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in S.C.C. Anthony Pillai Nagar-IV

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty, charged at 7%, would be Rs 1,05,000, and the registration fee, at 2%, would be Rs 30,000, leading to a total of Rs 1,35,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers S.C.C. Anthony Pillai Nagar-IV?

The S.C.C. Anthony Pillai Nagar-IV is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration process of property transactions in Gooduvancheri. It serves as a benchmark for determining the stamp duty and registration fees that must be paid to the government.

When buying or selling a property, the guideline value ensures that the transaction is registered at a value that reflects the current market conditions, helping to maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of S.C.C. Anthony Pillai Nagar-IV?

The current guideline value of S.C.C. Anthony Pillai Nagar-IV is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,500 per sq.ft from 2023 to 2024, with a previous value of Rs 1,005 per sq.ft in 2017, showing a 49% increase from 2017 to 2023 and an overall increase of 49% from 2017 to 2024.

What is the land classification for S.C.C. Anthony Pillai Nagar-IV?

S.C.C. Anthony Pillai Nagar-IV is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the registration office for S.C.C. Anthony Pillai Nagar-IV?

The registration office for S.C.C. Anthony Pillai Nagar-IV is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What are the stamp duty and registration fees for property transactions?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For example, a property valued at Rs 15,00,000 would incur a stamp duty of Rs 1,05,000 and a registration fee of Rs 30,000.