Guideline Value for Sudhananadhen Nagar phase-I

Sudhananadhen Nagar phase-I guideline value

The current guideline value of Sudhananadhen Nagar phase-I is Rs 154 per sq.ft, effective from 1 July 2024. This area is located in Sanaputthur village and falls under the Gummidipoondi SRO. The land classification for this locality is Residential Special Type - II.

How the guideline value of Sudhananadhen Nagar phase-I has changed

The guideline value for Sudhananadhen Nagar phase-I has seen revisions in recent years. In the 2023 revision, the guideline value was set at Rs 154 per sq.ft. The same value was maintained in the 2024 revision, which also stands at Rs 154 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, with an increase of 0%. The consistent value indicates stability in the guideline rates for this locality over the past revisions.

Guideline values in Sanaputthur

Currently, there are no specific guideline values available for other streets in Sanaputthur. The only guideline value mentioned is for Sudhananadhen Nagar phase-I.

Stamp duty and registration fee for property in Sudhananadhen Nagar phase-I

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 1,54,000. The stamp duty at 7% would be Rs 10,780, and the registration fee at 2% would be Rs 3,080, making the total Rs 13,860. 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 Sudhananadhen Nagar phase-I?

The Sub Registrar Office that covers Sudhananadhen Nagar phase-I is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Sanaputthur. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the appropriate fees are collected based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Sudhananadhen Nagar phase-I?

The current guideline value of Sudhananadhen Nagar phase-I is Rs 154 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 154 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for property in Sudhananadhen Nagar phase-I?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 13,860. This includes a stamp duty of Rs 10,780 and a registration fee of Rs 3,080.

Which Sub Registrar Office covers Sudhananadhen Nagar phase-I?

The Gummidipoondi Sub Registrar Office covers Sudhananadhen Nagar phase-I. It is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It acts as a reference for calculating the applicable fees based on the higher of the guideline value or the sale price.