Guideline Value for SRI BHAVANI AMMAN NAGAR

Sri Bhavani Amman Nagar guideline value

The current guideline value of Sri Bhavani Amman Nagar is Rs 1,100 per sq.ft. This area is located in Karanaipuducheri village under the Gooduvancheri SRO. The land classification for this street is Mixed Special Type - III.

How the guideline value of Sri Bhavani Amman Nagar has changed

The guideline value for Sri Bhavani Amman Nagar has remained consistent over the years. The 2017 revision recorded a guideline value of Rs 1,100 per sq.ft, which was unchanged in the 2023 revision and continues at the same rate in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2024, the overall change in guideline value is 0%. Between the 2023 and 2024 revisions, there was also no change, maintaining the guideline value at Rs 1,100 per sq.ft throughout these years.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft. The median guideline value for these streets is Rs 802 per sq.ft, positioning Sri Bhavani Amman Nagar above this median.

• Sri Bhavani Amman Nagar Extension -I: Rs 1,500 per sq.ft (2024)
• Sri Brindha Avenue: Rs 1,000 per sq.ft (2024)
• Sri Balaji Nagar-II: Rs 1,000 per sq.ft (2024)
• Sri Balaji Nagar-I: Rs 1,000 per sq.ft (2024)
• Sri Baba Nagar: Rs 701 per sq.ft (2024)
• Sri Andal Nagar: Rs 701 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Bhavani Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total cost for these fees Rs 99,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sri Bhavani Amman Nagar?

Sri Bhavani Amman Nagar falls under 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 Karanaipuducheri

The guideline value is an essential reference point when registering property transactions in Karanaipuducheri. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the officially recognized value of the property.

When buying or selling property, the guideline value helps both parties understand the minimum value for which the property can be registered. This ensures transparency and adherence to legal requirements during the transaction process.

Frequently asked questions

What is the current guideline value of Sri Bhavani Amman Nagar?

The current guideline value of Sri Bhavani Amman Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 1,100 per sq.ft since the 2017 revision, with no changes recorded in the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

What is the land classification for Sri Bhavani Amman Nagar?

The land classification for Sri Bhavani Amman Nagar is Mixed Special Type - III. This classification can influence the development and usage of the land.

Where can I find the registration office for Sri Bhavani Amman Nagar?

The registration office for Sri Bhavani Amman Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total fee of Rs 99,000.