Guideline Value for SHRIRAM EARTH AT ONE CITY

Shriram Earth At One City guideline value

The current guideline value of Shriram Earth At One City is Rs 2,025 per sq.ft, effective from 1 July 2024. This property is located in Valarpuram village, under the Sriperumpudur SRO, and is classified as Mixed Special Type - I.

How the guideline value of Shriram Earth At One City has changed

The guideline value for Shriram Earth At One City has seen several revisions over the years. In the 2017 revision, the guideline value was set at Rs 1,350 per sq.ft. This value was revised to Rs 2,025 per sq.ft in the 2023 revision, marking a 50% increase. The 2024 revision also maintains the guideline value at Rs 2,025 per sq.ft, indicating no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 50%.

Guideline values in Valarpuram

In Valarpuram, there are 91 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 2,025 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, placing Shriram Earth At One City above that median.

• Selva Vinayaga Nagar: Rs 200 per sq.ft (2024)
• Sathya Sai Nagar: Rs 300 per sq.ft (2024)
• Sarojini Nagar: Rs 400 per sq.ft (2024)
• Saraswathi Nagar: Rs 400 per sq.ft (2024)
• Sri Eswari Nagar Extn: Rs 200 per sq.ft (2024)
• Sri Ganapathy Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Shriram Earth At One City

For a 1,000 sq.ft plot at the current guideline value of Rs 2,025 per sq.ft, the total guideline value would be Rs 20,25,000. The stamp duty at 7% would amount to Rs 1,41,750, and the registration fee at 2% would be Rs 40,500, bringing the total fees together to Rs 1,82,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Shriram Earth At One City?

The Shriram Earth At One City is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role when buying or selling property in Valarpuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations.

When a property is registered, the guideline value is used to calculate the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures that the transaction is recorded accurately and that the necessary taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Shriram Earth At One City?

The current guideline value of Shriram Earth At One City is Rs 2,025 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,350 per sq.ft in 2017 to Rs 2,025 per sq.ft in both 2023 and 2024, representing a 50% increase overall from 2017 to 2024.

What is the median guideline value in Valarpuram?

The median guideline value for the 91 streets in Valarpuram is Rs 300 per sq.ft, with Shriram Earth At One City being above this median at Rs 2,025 per sq.ft.

What are the stamp duty and registration fees for Shriram Earth At One City?

For a 1,000 sq.ft plot, the total guideline value is Rs 20,25,000. The stamp duty is Rs 1,41,750, and the registration fee is Rs 40,500, totaling Rs 1,82,250.

Which office handles registrations for Shriram Earth At One City?

The Sriperumpudur Sub Registrar Office handles registrations for Shriram Earth At One City, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.