Guideline Value for UNI HOMES

Uni Homes guideline value

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

How the guideline value of Uni Homes has changed

The guideline value for Uni Homes has seen significant changes over the years. In the 2017 revision, the rate was Rs 871 per sq.ft. This increased to Rs 1,300 per sq.ft in the 2023 revision, marking a change of +49% from the previous revision.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only available figures are from the 2017 and 2023 revisions.

Guideline values in Nalambakkam

Currently, there are no specific village figures available for Nalambakkam. Uni Homes is one of the streets under the Gooduvancheri SRO. Below are the other streets in Nalambakkam:

Stamp duty and registration fee for property in Uni Homes

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

The Sub Registrar Office that covers Uni Homes 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Nalambakkam. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is legally recognized.

When a property is sold, the higher value between the guideline value and the actual sale price is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Uni Homes?

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

How much has the guideline value changed in recent years?

From the 2017 revision to the 2023 revision, the guideline value increased from Rs 871 per sq.ft to Rs 1,300 per sq.ft, which is a change of +49%.

Are there any guideline value figures for previous years?

No figures are available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Uni Homes. The only available figures are from the 2017 and 2023 revisions.

What are the stamp duty and registration fees for property in Uni Homes?

The stamp duty for a property in Uni Homes is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would be Rs 1,17,000.

Which office handles property registration for Uni Homes?

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