Guideline Value for SAMUNDEESWARI NAGAR

Samundeeswari Nagar guideline value

The current guideline value of Samundeeswari Nagar is Rs 1,400 per sq.ft, as per the 2023 revision. This area falls under Navaloor village and is registered with the Thiruporur SRO. The land classification for this locality is Residential Class II Type - I.

How the guideline value of Samundeeswari Nagar has changed

Over the years, the guideline value of Samundeeswari Nagar has seen significant changes. In 2007, the guideline value was Rs 475 per sq.ft, which increased to Rs 1,000 per sq.ft in 2012, marking an increase of 111%. However, from 2012 to 2017, the value decreased by 33% to Rs 670 per sq.ft. The most recent revision in 2023 saw a substantial increase of 109%, bringing the current guideline value to Rs 1,400 per sq.ft.

Overall, from 2007 to 2023, the guideline value has increased by 195%. There are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Navaloor

Currently, there are no specific village figures available for Navaloor. Samundeeswari Nagar is one of the streets under the Thiruporur SRO. Unfortunately, there are no other streets in Navaloor listed with their guideline values.

Stamp duty and registration fee for property in Samundeeswari Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, while the registration fee at 2% would be Rs 28,000. Together, the total cost for stamp duty and registration fee would be Rs 1,26,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Samundeeswari Nagar?

The Sub Registrar Office that covers Samundeeswari Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more details, you can find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Navaloor. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to ensure compliance with legal requirements.

When a property is registered, the guideline value is used to calculate the applicable fees. This value helps in ensuring that the transaction is recorded accurately and that the necessary taxes are paid accordingly.

Frequently asked questions

What is the current guideline value of Samundeeswari Nagar?

The current guideline value of Samundeeswari Nagar is Rs 1,400 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 475 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2023, reflecting an overall increase of 195% over this period.

What are the stamp duty and registration fees for property in Samundeeswari Nagar?

For a property valued at Rs 14,00,000, the stamp duty would be Rs 98,000 and the registration fee would be Rs 28,000, totaling Rs 1,26,000.

Which office handles property registrations in Samundeeswari Nagar?

The Thiruporur Sub Registrar Office handles property registrations for Samundeeswari Nagar, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there other streets in Navaloor with guideline values?

Currently, there are no other streets in Navaloor listed with their guideline values available.