Guideline Value for TVS Emerald Haven Development Ltd

TVS Emerald Haven Development Ltd guideline value

The current guideline value for TVS Emerald Haven Development Ltd is Rs 2,000 per sq.ft. This property is located in Kolapakkam village under the Gooduvancheri SRO, classified as Residential Special Type - III.

How the guideline value of TVS Emerald Haven Development Ltd has changed

The guideline value for TVS Emerald Haven Development Ltd has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 2,000 per sq.ft. However, in the 2017 revision, it decreased to Rs 1,340 per sq.ft, marking a significant drop of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 2,000 per sq.ft again, which represents an increase of 49% from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained unchanged at Rs 2,000 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kolapakkam

Currently, there are no specific guideline values available for other streets in Kolapakkam under the Gooduvancheri SRO. The guideline value for TVS Emerald Haven Development Ltd stands at Rs 2,000 per sq.ft.

Stamp duty and registration fee for property in TVS Emerald Haven Development Ltd

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total to Rs 1,80,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers TVS Emerald Haven Development Ltd?

The Sub Registrar Office that covers TVS Emerald Haven Development Ltd 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 additional details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kolapakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate fees for property transactions in the area.

Frequently asked questions

What is the current guideline value for TVS Emerald Haven Development Ltd?

The current guideline value for TVS Emerald Haven Development Ltd is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, and then back to Rs 2,000 per sq.ft in 2023. The overall change from 2012 to 2023 is 0%.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in TVS Emerald Haven Development Ltd is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located?

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

Are there other streets in Kolapakkam with guideline values?

Currently, there are no specific guideline values available for other streets in Kolapakkam under the Gooduvancheri SRO.