Guideline Value for THANIGAI NAGAR PHASE -VI

Thanigai Nagar Phase -VI guideline value

The current guideline value of Thanigai Nagar Phase -VI 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 Phase -VI has changed

According to the guideline value register, there have been several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 2,239 per sq.ft. The previous revisions for the years 2024, 2017, 2012, 2007, 2003, and 2002 do not have any figures recorded for this street.

Since the 2023 revision, there have been no changes in the guideline value. Thus, the current rate remains unchanged from the last recorded figure.

Guideline values in Melakottyur

The guideline value for Thanigai Nagar Phase -VI is Rs 2,239 per sq.ft. Unfortunately, there are no other village figures available for this area. Additionally, there are no other streets in Melakottyur listed under the Gooduvancheri SRO.

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

For a 1,000 sq.ft plot at the current rate, the guideline value would amount 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, 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. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thanigai Nagar Phase -VI?

The Sub Registrar Office that covers Thanigai Nagar Phase -VI 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 plays a crucial role in the registration process when buying or selling property in Melakottyur. It serves as a benchmark for determining the minimum value at which property transactions can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a buyer or seller approaches the registration office, the guideline value is assessed to calculate the applicable stamp duty and registration fees. This ensures transparency and uniformity in property transactions within the region.

Frequently asked questions

What is the current guideline value of Thanigai Nagar Phase -VI?

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

How has the guideline value changed over the years?

There have been several revisions, but the only recorded figure for Thanigai Nagar Phase -VI is from the 2023 revision at Rs 2,239 per sq.ft. The register does not have figures for the years 2024, 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees in Thanigai Nagar Phase -VI?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,01,510, which includes a stamp duty of Rs 1,56,730 and a registration fee of Rs 44,780.

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 determined for property transactions?

The guideline value is determined by the government and serves as a benchmark for property transactions. It is used to calculate the applicable stamp duty and registration fees when buying or selling property in the region.