Guideline Value for SUPERB BY URBAN TREE

Superb By Urban Tree guideline value

The current guideline value for Superb By Urban Tree is Rs 1,750 per sq.ft. It is located in Ayyencheri village under the Gooduvancheri SRO, with a land classification of Mixed Type - I.

How the guideline value of Superb By Urban Tree has changed

The guideline value for Superb By Urban Tree has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,750 per sq.ft. However, in the 2017 revision, it decreased to Rs 1,172 per sq.ft. The most recent revision in 2023 saw a significant increase to Rs 1,750 per sq.ft again.

From 2017 to 2023, there was a notable increase of 49%. In contrast, the value decreased by 33% from 2012 to 2017. Overall, from 2012 to 2023, the guideline value remained unchanged at Rs 1,750 per sq.ft.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. The guideline value for Superb By Urban Tree stands at Rs 1,750 per sq.ft.

Stamp duty and registration fee for property in Superb By Urban Tree

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 17,50,000. The stamp duty at 7% would be Rs 1,22,500, and the registration fee at 2% would be Rs 35,000, totaling Rs 1,57,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Superb By Urban Tree?

The Superb By Urban Tree property falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Ayyencheri. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the buyer is required to pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Superb By Urban Tree?

The current guideline value for Superb By Urban Tree is Rs 1,750 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased from Rs 1,750 per sq.ft to Rs 1,172 per sq.ft. However, it increased back to Rs 1,750 per sq.ft in the 2023 revision.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 17,50,000, the stamp duty would be Rs 1,22,500 at 7%, and the registration fee would be Rs 35,000 at 2%, totaling Rs 1,57,500.

Which Sub Registrar Office covers the area of Superb By Urban Tree?

The Gooduvancheri Sub Registrar Office covers the area of Superb By Urban Tree, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

What land classification applies to Superb By Urban Tree?

Superb By Urban Tree is classified as Mixed Type - I, which is relevant for determining the guideline value and property usage.