Guideline Value for SRI GANESH NAGAR

Sri Ganesh Nagar guideline value

The current guideline value of Sri Ganesh Nagar is Rs 1,500 per sq.ft. This area falls under Vengadamangalam village and is registered with the Gooduvancheri SRO. The land classification for this street is Residential Class III Type - II.

How the guideline value of Sri Ganesh Nagar has changed

According to the guideline value register, the 2017 revision recorded a guideline value of Rs 1,500 per sq.ft, which remained unchanged in the 2023 revision, also at Rs 1,500 per sq.ft. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, there was no change in the guideline value, indicating a stable valuation over this period. The consistent figure of Rs 1,500 per sq.ft suggests that the guideline value has remained the same across these revisions.

Guideline values in Vengadamangalam

Currently, there are no specific village figures provided for Vengadamangalam. Sri Ganesh Nagar is one of the streets in this area, and there are no other streets in Vengadamangalam under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Sri Ganesh Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, totaling Rs 1,35,000. 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 Sri Ganesh Nagar?

The Sub Registrar Office covering Sri Ganesh 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 is a crucial factor in property transactions in Vengadamangalam, as it determines the minimum value at which a property can be registered. When buying or selling a property, the stamp duty and registration fees are calculated based on this guideline value or the sale price, whichever is higher.

It is essential for buyers and sellers to be aware of the guideline value, as it directly impacts the costs associated with property transactions. Understanding this value can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Sri Ganesh Nagar?

The current guideline value of Sri Ganesh Nagar is Rs 1,500 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,500 per sq.ft from the 2017 revision to the 2023 revision, indicating no increase or decrease during this period.

What are the stamp duty and registration fees for a property in Sri Ganesh Nagar?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000 and the registration fee would be Rs 30,000, totaling Rs 1,35,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Sri Ganesh Nagar?

The Gooduvancheri Sub Registrar Office is responsible for property registrations in Sri Ganesh Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202.

Are there other streets in Vengadamangalam with guideline values?

Currently, there are no other streets in Vengadamangalam listed under the Gooduvancheri SRO, and no specific village figures are provided for the area.