Guideline Value for THANIGAI NAGAR PART - V

Thanigai Nagar Part - V guideline value

The current guideline value for Thanigai Nagar Part - V is Rs 2,239 per sq.ft. This area is located in Melakottyur village and falls under the Gooduvancheri SRO. The land classification for this region is Mixed Type - II.

How the guideline value of Thanigai Nagar Part - V has changed

As per the register, the guideline value for Thanigai Nagar Part - V has remained consistent at Rs 2,239 per sq.ft since the 2023 revision. There are no figures available for this street in the revisions from 2024, 2017, 2012, 2007, 2003, or 2002.

Since the 2023 revision, there have been no changes in the guideline value for this area. The absence of figures in earlier revisions indicates that the guideline value for Thanigai Nagar Part - V has not fluctuated over the years.

Guideline values in Melakottyur

No specific village figures are provided for Melakottyur. However, the guideline value for Thanigai Nagar Part - V is currently set at Rs 2,239 per sq.ft. There are no other streets in Melakottyur listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Thanigai Nagar Part - V

For a 1,000 sq.ft plot at the current rate of Rs 2,239 per sq.ft, the guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780. Together, the total cost for these fees would be Rs 2,01,510. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Thanigai Nagar Part - V?

The Sub Registrar Office that covers Thanigai Nagar Part - V is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Melakottyur, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the transaction.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are based on the higher of the guideline value or the actual sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Thanigai Nagar Part - V?

The current guideline value for Thanigai Nagar Part - V is Rs 2,239 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Thanigai Nagar Part - V has remained unchanged at Rs 2,239 per sq.ft since the 2023 revision. There are no figures available for earlier revisions from 2024, 2017, 2012, 2007, 2003, or 2002.

What are the stamp duty and registration fees for property in Thanigai Nagar Part - V?

For a property valued at Rs 22,39,000, the stamp duty would be Rs 1,56,730 and the registration fee would be Rs 44,780, totaling Rs 2,01,510. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the minimum registration value for properties in Melakottyur. It is essential for calculating the stamp duty and registration fees, which are based on the higher of the guideline value or the actual sale price during property transactions.