Guideline Value for SUBRAMANIYAM NAGAR PHASE-3

Subramaniyam Nagar Phase-3 guideline value

The current guideline value of Subramaniyam Nagar Phase-3 is Rs 100 per sq.ft. This property is located in Vellathukottai village under the Oothukkottai SRO, classified as Residential Class I Type - I.

How the guideline value of Subramaniyam Nagar Phase-3 has changed

In the 2024 revision, the guideline value for Subramaniyam Nagar Phase-3 is Rs 100 per sq.ft. The previous revision in 2023 also listed the guideline value at Rs 100 per sq.ft. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 100 per sq.ft. The consistent figure indicates stability in the valuation for this property over the recent revisions.

Guideline values in Vellathukottai

In Vellathukottai, there are 7 streets under the Oothukkottai SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 100 per sq.ft, with a median of Rs 100 per sq.ft. The guideline value for Subramaniyam Nagar Phase-3 is equal to this median.

• Subramaniyam Nagar-II: Rs 100 per sq.ft (2024)
• Subramaniyam Nagar Phase-I: Rs 100 per sq.ft (2024)
• Sundarambal Nagar: Rs 100 per sq.ft (2024)
• Valluvan Vasuki Nagar: Rs 100 per sq.ft (2024)
• Vanavil Nagar: Rs 100 per sq.ft (2024)
• Sundarambal Nagar Stage I: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Subramaniyam Nagar Phase-3

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. 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 Subramaniyam Nagar Phase-3?

The Sub Registrar Office that covers Subramaniyam Nagar Phase-3 is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Vellathukottai. It serves as the basis for calculating the stamp duty and registration fees, ensuring that the transaction is recorded at a fair value as determined by the authorities.

When buying or selling property, the guideline value helps in establishing a transparent and standardized process. It is essential for both buyers and sellers to be aware of the current guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Subramaniyam Nagar Phase-3?

The current guideline value of Subramaniyam Nagar Phase-3 is Rs 100 per sq.ft as per the 2024 revision.

When did the latest revision of the guideline value take effect?

The latest revision of the guideline value for Subramaniyam Nagar Phase-3 took effect on 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Subramaniyam Nagar Phase-3 from 2023 to 2024, remaining at Rs 100 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the registration fee for property in Subramaniyam Nagar Phase-3?

The registration fee for property in Subramaniyam Nagar Phase-3 is 2% of the guideline value or sale price, whichever is higher. For a plot valued at Rs 1,00,000, the registration fee would be Rs 2,000.

Where can I find the Sub Registrar Office for Subramaniyam Nagar Phase-3?

The Sub Registrar Office for Subramaniyam Nagar Phase-3 is located near the government hospital in Uthukottai, 602026, Chennai registration zone.