Guideline Value for S.M. BRINDAVANAM NAGAR

S.M. Brindavanam Nagar guideline value

The current guideline value of S.M. Brindavanam Nagar is Rs 2,000 per sq.ft, as per the 2023 revision. This area falls under Unamancheri village and is governed by the Gooduvancheri SRO. The land classification for this locality is Residential Special Type - IV.

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

In the 2017 revision, the guideline value was Rs 2,000 per sq.ft, which remained unchanged in the 2023 revision. This indicates that there has been a 0% change between these two revisions.

The guideline value register does not have figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, we can only confirm the values for 2017 and 2023 as Rs 2,000 per sq.ft.

Guideline values in Unamancheri

The guideline value of S.M. Brindavanam Nagar is consistent with the values in the Unamancheri area. Currently, there are no other streets in Unamancheri listed with specific guideline values.

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

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, making the total 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.

You can calculate your stamp duty and registration fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers S.M. Brindavanam Nagar?

The S.M. Brindavanam Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Unamancheri, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees applicable to the transaction.

When registering a property, buyers must ensure that the sale price is either equal to or higher than the guideline value. This ensures compliance with local regulations and helps avoid any legal issues during the registration process.

Frequently asked questions

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

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

How has the guideline value changed over the years?

There has been no change in the guideline value from 2017 to 2023, remaining at Rs 2,000 per sq.ft. The register does not have figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000 at 7%, and the registration fee would be Rs 40,000 at 2%, totaling Rs 1,80,000. Duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers S.M. Brindavanam Nagar?

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

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

The land classification for S.M. Brindavanam Nagar is Residential Special Type - IV. This classification is important for understanding the zoning and permissible uses of the land.