Guideline Value for SESHASAYEE NAGAR

Seshasayee Nagar guideline value

The current guideline value of Seshasayee Nagar is Rs 938 per sq.ft. This area is located in Vengadamangalam village and falls under the Gooduvancheri SRO. The land classification for this region is Residential Class I Type - III.

How the guideline value of Seshasayee Nagar has changed

In the 2017 revision, the guideline value was set at Rs 938 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, indicating a 0% change between these two periods.

For the years 2002, 2003, 2007, 2012, and 2024, the register has no figure for this street. Therefore, the only available guideline values for Seshasayee Nagar are from the 2017 and 2023 revisions, both at Rs 938 per sq.ft.

Guideline values in Vengadamangalam

Currently, there are no village figures provided for Vengadamangalam. The only guideline value available for Seshasayee Nagar is Rs 938 per sq.ft. There are no other streets in Vengadamangalam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Seshasayee Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 9,38,000. The stamp duty at 7% would be Rs 65,660, and the registration fee at 2% would be Rs 18,760, totaling Rs 84,420. 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 Seshasayee Nagar?

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

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

The guideline value serves as a benchmark for determining the minimum value of properties during registration. When a property is bought or sold, the registration office uses this value to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of the transaction. The higher of the guideline value or the sale price will be used to determine the stamp duty payable.

Frequently asked questions

What is the current guideline value of Seshasayee Nagar?

The current guideline value of Seshasayee Nagar is Rs 938 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Seshasayee Nagar has remained unchanged at Rs 938 per sq.ft from the 2017 revision to the 2023 revision, indicating a 0% change.

Are there any other streets in Vengadamangalam with guideline values?

No other streets in Vengadamangalam have been listed under the Gooduvancheri SRO, and there are no village figures provided for this area.

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

For a property valued at Rs 9,38,000, the stamp duty is Rs 65,660, and the registration fee is Rs 18,760, totaling Rs 84,420. Duty is charged on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Seshasayee Nagar?

The Gooduvancheri Sub Registrar Office handles the registration for Seshasayee Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.