Guideline Value for SELVA NAGAR

Selva Nagar guideline value

The current guideline value of Selva Nagar is Rs 3,000 per sq.ft. This area is located in Sirucheri village and falls under the Thiruporur SRO. The land classification for this region is Residential Special Type - I.

How the guideline value of Selva Nagar has changed

According to the guideline value register, there have been several revisions for the guideline value of Selva Nagar. The most recent revision in 2023 set the guideline value at Rs 3,000 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes to the guideline value. The previous revisions also do not provide any figures for this street, indicating a consistent value over the years.

Guideline values in Sirucheri

Currently, there are no specific village figures available for Sirucheri. Selva Nagar is the only street mentioned under the Thiruporur SRO. There are no other streets in Sirucheri provided in the available data.

Stamp duty and registration fee for property in Selva Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 3,000 per sq.ft, the total guideline value amounts to Rs 30,00,000. The stamp duty at 7% would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000. Together, the total fees would amount to Rs 2,70,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Selva Nagar?

Selva Nagar falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is an important factor when registering property in Selva Nagar. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately in accordance with government regulations.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are necessary for the legal transfer of ownership. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Selva Nagar?

The current guideline value of Selva Nagar is Rs 3,000 per sq.ft as per the 2023 revision.

What land classification is Selva Nagar under?

Selva Nagar is classified as Residential Special Type - I.

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

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft property, the total fees would amount to Rs 2,70,000.

Which Sub Registrar Office covers Selva Nagar?

Selva Nagar is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Have there been any changes to the guideline value in recent years?

There have been no changes in the guideline value for Selva Nagar since the 2023 revision, and no figures are available for previous revisions from 2024, 2017, 2012, 2007, 2003, and 2002 for this street.