Guideline Value for SM EMERALD AVENUE PHASE -III

Sm Emerald Avenue Phase -III guideline value

The current guideline value of Sm Emerald Avenue Phase -III is Rs 2,239 per sq.ft, as per the 2023 revision. This property is located in Unamancheri village, under the Gooduvancheri SRO, and is classified as Mixed Type - II land.

How the guideline value of Sm Emerald Avenue Phase -III has changed

The guideline value for Sm Emerald Avenue Phase -III has undergone changes over the years. In the 2017 revision, the guideline value was Rs 1,500 per sq.ft. Following this, the 2023 revision saw an increase to Rs 2,239 per sq.ft, marking a significant rise of 49% from the previous revision.

It is important to note that the guideline value register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

Guideline values in Unamancheri

Currently, there are no village figures available for Unamancheri. Sm Emerald Avenue Phase -III is situated within this area, which is governed by the Gooduvancheri SRO.

Stamp duty and registration fee for property in Sm Emerald Avenue Phase -III

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty, charged at 7%, would be Rs 1,56,730, while the registration fee at 2% would be Rs 44,780. Together, the total cost for stamp duty and registration fee would be Rs 2,01,510. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sm Emerald Avenue Phase -III?

The Sm Emerald Avenue Phase -III falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, 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 Unamancheri

The guideline value plays a crucial role during the registration of property transactions in Unamancheri. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value is compared to the sale price. The stamp duty and registration fees are then calculated based on the higher of the two values, ensuring compliance with legal requirements.

Frequently asked questions

What is the current guideline value of Sm Emerald Avenue Phase -III?

The current guideline value of Sm Emerald Avenue Phase -III is Rs 2,239 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,500 per sq.ft to Rs 2,239 per sq.ft, which is a rise of 49%.

Are there any guideline value figures for the years 2002, 2003, 2007, and 2012?

The guideline value register has no figures for Sm Emerald Avenue Phase -III for the years 2002, 2003, 2007, 2012, and 2024.

What are the stamp duty and registration fees for a property in this area?

For a 1,000 sq.ft plot, the total stamp duty and registration fee would amount to Rs 2,01,510, based on the current guideline value of Rs 22,39,000.

Where can I find the Gooduvancheri Sub Registrar Office?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.