Guideline Value for SCV GARDEN

Scv Garden guideline value

The current guideline value of Scv Garden in Melakottyur village, under the Gooduvancheri SRO, is Rs 1,800 per sq.ft. The land classification for this area is Mixed Special Type - I.

How the guideline value of Scv Garden has changed

According to the guideline value register, the revision for the year 2017 set the guideline value at Rs 1,800 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, which also recorded the guideline value at Rs 1,800 per sq.ft, indicating a 0% change between these two revisions.

The register does not provide figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only available guideline values for Scv Garden are from the 2017 and 2023 revisions.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Scv Garden is part of the area under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Scv Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, totaling Rs 1,62,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Scv Garden?

The Sub Registrar Office that covers Scv Garden is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a critical role during the registration process when buying or selling property in Melakottyur. It serves as a reference point for calculating the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the buyer must ensure that the sale price is either equal to or higher than the guideline value. This ensures that the appropriate taxes are calculated based on the higher of the two amounts, thereby adhering to the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Scv Garden?

The current guideline value of Scv Garden is Rs 1,800 per sq.ft, as per the latest revision in 2023.

How has the guideline value changed over the years?

There has been no change in the guideline value of Scv Garden from the 2017 revision to the 2023 revision, remaining at Rs 1,800 per sq.ft.

Are there any guideline values for previous years?

The guideline value register does not provide figures for the years 2002, 2003, 2007, 2012, and 2024 for Scv Garden. The only available figures are from the 2017 and 2023 revisions.

What is the stamp duty rate for properties in Scv Garden?

The stamp duty rate for properties in Scv Garden is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Scv Garden located?

The Gooduvancheri Sub Registrar Office, which covers Scv Garden, is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.