Guideline Value for SATHYAPRIYA NAGAR EXTN

Sathyapriya Nagar Extn guideline value

The current guideline value of Sathyapriya Nagar Extn is Rs 1,500 per sq.ft, as per the 2023 revision. This area falls under Ayyencheri village and is governed by the Gooduvancheri SRO. The land classification for this street is Residential Special Type - II.

How the guideline value of Sathyapriya Nagar Extn has changed

In the 2017 revision, the guideline value was Rs 1,005 per sq.ft. This figure increased to Rs 1,500 per sq.ft in the 2023 revision, marking a significant change of +49%. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

The increase from 2017 to 2023 reflects a notable adjustment in the guideline value. The absence of figures for earlier revisions indicates that the value for Sathyapriya Nagar Extn has not been established in those years.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. Sathyapriya Nagar Extn is the only street mentioned in the context of the Gooduvancheri SRO.

Stamp duty and registration fee for property in Sathyapriya Nagar Extn

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, totaling Rs 1,35,000. 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 details.

Which Sub Registrar Office covers Sathyapriya Nagar Extn?

The Sathyapriya Nagar Extn area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. To find your SRO, you can visit this link.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Ayyencheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid to the government.

When a property is sold, the buyer must ensure that the sale price is either equal to or exceeds the guideline value. This ensures that the appropriate taxes are calculated based on the higher of the two amounts, safeguarding the interests of the state in property transactions.

Frequently asked questions

What is the current guideline value of Sathyapriya Nagar Extn?

The current guideline value of Sathyapriya Nagar Extn is Rs 1,500 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value changed from Rs 1,005 per sq.ft in 2017 to Rs 1,500 per sq.ft in 2023, which is an increase of +49%. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for Sathyapriya Nagar Extn?

For a 1,000 sq.ft plot, the guideline value is Rs 15,00,000. The stamp duty would be Rs 1,05,000, and the registration fee would be Rs 30,000, totaling Rs 1,35,000. The duty is charged on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers Sathyapriya Nagar Extn?

The Gooduvancheri Sub Registrar Office covers Sathyapriya Nagar Extn. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department and is based on several factors including land classification and previous revisions. It serves as a reference point for calculating stamp duty and registration fees during property transactions.