Guideline Value for SM EMERALD AVENUE PHASE -II

Sm Emerald Avenue Phase -II guideline value

The current guideline value of Sm Emerald Avenue Phase -II is Rs 2,239 per sq.ft. This property is located in Unamancheri village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Type - II.

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

The guideline value for Sm Emerald Avenue Phase -II has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 1,500 per sq.ft. This figure was updated in 2023 to Rs 2,239 per sq.ft, marking a significant increase of 49% from the previous revision.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only available revisions are from 2017 and 2023.

Guideline values in Unamancheri

Currently, there are no specific village figures available for Unamancheri. However, Sm Emerald Avenue Phase -II has a guideline value of Rs 2,239 per sq.ft. Below are the other streets in Unamancheri:

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

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

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

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

The Sub Registrar Office that covers Sm Emerald Avenue Phase -II 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Unamancheri. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the correct revenue from property transactions.

Frequently asked questions

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

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

How much has the guideline value changed over the years?

The guideline value changed from Rs 1,500 per sq.ft in 2017 to Rs 2,239 per sq.ft in 2023, representing an increase of 49%.

Are there any guideline values for earlier revisions?

No figures are available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Sm Emerald Avenue Phase -II.

What are the stamp duty and registration fees for a property here?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,01,510, which includes a stamp duty of Rs 1,56,730 and a registration fee of Rs 44,780.

Which Sub Registrar Office covers this area?

The Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone, covers Sm Emerald Avenue Phase -II.