Guideline Value for Thenpazhani Nagar

Thenpazhani Nagar guideline value

The current guideline value of Thenpazhani Nagar is Rs 2,239 per sq.ft, as per the 2023 revision. This area falls under Melakottyur village and is governed by the Gooduvancheri SRO. The land classification for this locality is Mixed Type - II.

How the guideline value of Thenpazhani Nagar has changed

Over the years, the guideline value for Thenpazhani Nagar has undergone various revisions. The most recent revision in 2023 set the guideline value at Rs 2,239 per sq.ft. The register does not provide figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

There have been no changes in the guideline values between the revisions mentioned above. The only available figure is from the 2023 revision, which reflects the current guideline value.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Thenpazhani Nagar is the only street for which we have a guideline value. The other streets in Melakottyur are not provided in the available data.

Stamp duty and registration fee for property in Thenpazhani Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value would be Rs 22,39,000. The stamp duty at 7% would amount to Rs 1,56,730, and the registration fee at 2% would be Rs 44,780. Together, this totals Rs 2,01,510. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thenpazhani Nagar?

The Sub Registrar Office that covers Thenpazhani Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-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 is used to determine the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is assessed to ensure that the appropriate fees are collected. This ensures transparency and compliance with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Thenpazhani Nagar?

The current guideline value of Thenpazhani Nagar 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 Thenpazhani Nagar has remained unchanged since the 2023 revision, with no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Thenpazhani Nagar?

The land classification for Thenpazhani Nagar is Mixed Type - II, indicating a blend of residential and commercial uses.

What are the stamp duty and registration fees for property in Thenpazhani Nagar?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 2,01,510.

Which office handles property registration for Thenpazhani Nagar?

The Gooduvancheri Sub Registrar Office handles property registration for Thenpazhani Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.