Guideline Value for S.M. BRINDAVANAM NAGAR PHASE- I

S.M. Brindavanam Nagar Phase- I guideline value

The current guideline value of S.M. Brindavanam Nagar Phase- I is Rs 2,000 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - IV.

How the guideline value of S.M. Brindavanam Nagar Phase- I has changed

The guideline value for S.M. Brindavanam Nagar Phase- I has remained consistent over the years. The 2017 revision recorded a guideline value of Rs 2,000 per sq.ft, which has not changed in the subsequent 2023 revision, also maintaining the value at Rs 2,000 per sq.ft. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, the guideline value experienced no change, reflecting a stable valuation during this period. The absence of figures in earlier revisions indicates that the guideline value has remained unchanged since at least 2017.

Guideline values in Unamancheri

Currently, there are no specific village figures for Unamancheri. S.M. Brindavanam Nagar Phase- I is situated within this locality, and there are no other streets in Unamancheri under the Gooduvancheri SRO provided.

Stamp duty and registration fee for property in S.M. Brindavanam Nagar Phase- I

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, totaling Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers S.M. Brindavanam Nagar Phase- I?

The Sub Registrar Office that covers S.M. Brindavanam Nagar Phase- I is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

For more details on finding your SRO, visit find your SRO.

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

The guideline value is a crucial factor in the property registration process in Unamancheri. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of a property transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. This value is also used to calculate the applicable duties and fees that must be paid to the registration office.

Frequently asked questions

What is the current guideline value of S.M. Brindavanam Nagar Phase- I?

The current guideline value of S.M. Brindavanam Nagar Phase- I is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained stable at Rs 2,000 per sq.ft since the 2017 revision, with no changes noted in the 2023 revision. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for S.M. Brindavanam Nagar Phase- I?

S.M. Brindavanam Nagar Phase- I is classified as Residential Special Type - IV, indicating its designated use for residential purposes.

Where is the Gooduvancheri Sub Registrar Office located?

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

How is the stamp duty calculated for property transactions in S.M. Brindavanam Nagar Phase- I?

The stamp duty for property transactions in S.M. Brindavanam Nagar Phase- I is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applied to the guideline value.