Guideline Value for SRI VARI THIRUMALA GARDEN

Sri Vari Thirumala Garden guideline value

The current guideline value of Sri Vari Thirumala Garden is Rs 1,500 per sq.ft. This property is located in Melakottyur village and falls under the Gooduvancheri SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Sri Vari Thirumala Garden has changed

In the 2017 revision, the guideline value was set at Rs 1,500 per sq.ft, which remained unchanged in the subsequent 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.

Thus, from 2017 to 2023, there was no percentage change in the guideline value, maintaining a consistent rate of Rs 1,500 per sq.ft throughout these years.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. The guideline value for Sri Vari Thirumala Garden is Rs 1,500 per sq.ft. There are no other streets in Melakottyur under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Sri Vari Thirumala Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Sri Vari Thirumala Garden?

The Sri Vari Thirumala Garden is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Melakottyur. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that both the buyer and seller comply with legal requirements.

When buying or selling a property, the guideline value is assessed to calculate the applicable duties. Buyers should be aware that the duty is charged based on the higher of the guideline value or the sale price, which affects the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Sri Vari Thirumala Garden?

The current guideline value of Sri Vari Thirumala Garden 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, showing no percentage change.

What is the registration office for Sri Vari Thirumala Garden?

The Gooduvancheri Sub Registrar Office covers Sri Vari Thirumala Garden, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 1,500 per sq.ft, the total guideline value is Rs 15,00,000.

Are there any other streets in Melakottyur with guideline values?

Currently, there are no other streets in Melakottyur listed under the Gooduvancheri SRO with guideline values provided.