Guideline Value for SEKARAN S WOODROW MANOR

Sekaran S Woodrow Manor guideline value

The current guideline value of Sekaran S Woodrow Manor is Rs 3,300 per sq.ft, effective from 1 July 2024. This property is located in Chitthalapakkam village, under the Selaiyur SRO, and is classified as Residential Special Type - III.

How the guideline value of Sekaran S Woodrow Manor has changed

The guideline value for Sekaran S Woodrow Manor has undergone several revisions over the years. The 2012 revision set the value at Rs 3,000 per sq.ft, which then decreased to Rs 2,010 per sq.ft in the 2017 revision. Following this, the value rose significantly to Rs 3,000 per sq.ft in 2023, and then to Rs 3,300 per sq.ft in the 2024 revision. The register has no figures for the years 2002, 2003, and 2007 for this street.

In terms of percentage changes, the value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Chitthalapakkam

Chitthalapakkam has a total of 107 streets under the Selaiyur SRO, with guideline values ranging from Rs 1,300 to Rs 5,000 per sq.ft. The median guideline value in this village is Rs 2,900 per sq.ft, placing Sekaran S Woodrow Manor's 2024 figure above this median.

• Seethammal Nagar: Rs 2,950 per sq.ft (2024)
• Senthamizh Nagar Veenus Colony: Rs 3,300 per sq.ft (2024)
• Sarangapani Avenue: Rs 2,900 per sq.ft (2024)
• Sankarapuram Extension: Rs 3,300 per sq.ft (2024)
• Sankarapuram: Rs 3,300 per sq.ft (2024)
• Sky Lab Avenue: Rs 2,900 per sq.ft (2024)

Stamp duty and registration fee for property in Sekaran S Woodrow Manor

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total cost to Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sekaran S Woodrow Manor?

The Sub Registrar Office covering Sekaran S Woodrow Manor is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is essential when registering property in Chitthalapakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a reference point for both parties. It helps in establishing a fair price for the transaction, ensuring compliance with local regulations and avoiding disputes during the registration process.

Frequently asked questions

What is the current guideline value of Sekaran S Woodrow Manor?

The current guideline value of Sekaran S Woodrow Manor is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, then increased to Rs 3,000 per sq.ft in 2023, and finally to Rs 3,300 per sq.ft in 2024.

What is the land classification for Sekaran S Woodrow Manor?

Sekaran S Woodrow Manor is classified as Residential Special Type - III, indicating its suitability for residential purposes.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is stamp duty calculated for properties in Sekaran S Woodrow Manor?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 33,00,000 would incur a stamp duty of Rs 2,31,000.