Guideline Value for THANIGAI NAGAR PHASE - VIII EXTENSION

Thanigai Nagar Phase - VIII Extension guideline value

The current guideline value for Thanigai Nagar Phase - VIII Extension is Rs 2,239 per sq.ft. This area is located in Melakottyur village and falls under the Gooduvancheri Sub Registrar Office. The land classification for this area is Mixed Type - II.

How the guideline value of Thanigai Nagar Phase - VIII Extension has changed

According to the guideline value register, there are no recorded figures for Thanigai Nagar Phase - VIII Extension for the years 2002, 2003, 2007, 2012, 2017, and 2024. The most recent revision in 2023 established the guideline value at Rs 2,239 per sq.ft, which remains unchanged from previous years.

Since there are no figures available for the earlier revisions, it indicates that the guideline value for this street has not seen any documented change over the years. Therefore, the current value reflects the first recorded guideline for this specific area.

Guideline values in Melakottyur

The guideline value for Thanigai Nagar Phase - VIII Extension is Rs 2,239 per sq.ft. Unfortunately, there are no other streets in Melakottyur listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Thanigai Nagar Phase - VIII Extension

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, while the registration fee at 2% would be Rs 44,780, bringing the total to 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 Phase - VIII Extension?

The Sub Registrar Office that covers Thanigai Nagar Phase - VIII Extension is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-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 is a crucial factor in determining the stamp duty and registration fees when buying or selling property in Melakottyur. It serves as a benchmark for calculating the fees that need to be paid at the time of registration.

When a property transaction occurs, the guideline value is referenced to ensure that the appropriate fees are collected based on the higher of either the guideline value or the actual sale price. This ensures compliance with the regulations set forth by the registration authorities.

Frequently asked questions

What is the current guideline value for Thanigai Nagar Phase - VIII Extension?

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

What is the land classification for Thanigai Nagar Phase - VIII Extension?

The land classification for Thanigai Nagar Phase - VIII Extension is Mixed Type - II, which indicates the nature of land use in the area.

Have there been any changes in the guideline value over the years?

No changes have been recorded in the guideline value for Thanigai Nagar Phase - VIII Extension. The only figure available is from the 2023 revision, which is Rs 2,239 per sq.ft.

Where can I find the Gooduvancheri Sub Registrar Office?

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

How is stamp duty calculated for properties in Thanigai Nagar Phase - VIII Extension?

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, the stamp duty would amount to Rs 1,56,730 based on the guideline value of Rs 22,39,000.