Guideline Value for UNI HOMES -II

Uni Homes -II guideline value

The current guideline value of Uni Homes -II is Rs 1,300 per sq.ft, as per the 2023 revision. This property is located in Nalambakkam village, under the jurisdiction of the Gooduvancheri SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Uni Homes -II has changed

The guideline value for Uni Homes -II has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,300 per sq.ft. However, in the 2017 revision, this value decreased to Rs 871 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw a significant increase to Rs 1,300 per sq.ft, which represents a 49% rise from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 1,300 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 Nalambakkam

Currently, there are no specific village figures provided for Nalambakkam. Uni Homes -II is situated within this village, and there are no other streets in Nalambakkam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Uni Homes -II

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. 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 details.

Which Sub Registrar Office covers Uni Homes -II?

The Sub Registrar Office that covers Uni Homes -II 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 Nalambakkam

The guideline value is a crucial factor when registering property transactions in Nalambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of a property.

When a buyer or seller approaches the registration office, the guideline value is assessed alongside the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that all transactions comply with local regulations.

Frequently asked questions

What is the current guideline value for Uni Homes -II?

The current guideline value for Uni Homes -II is Rs 1,300 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,300 per sq.ft in 2012 to Rs 871 per sq.ft in 2017, and then back to Rs 1,300 per sq.ft in 2023.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000, and the registration fee would be Rs 26,000, totaling Rs 1,17,000.

Which Sub Registrar Office is responsible for Uni Homes -II?

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

Is there a guideline value for the year 2024?

There is currently no guideline value available for the year 2024 for Uni Homes -II.