Guideline Value for UVS REAL ESTATES PRIVATE LIMITED

Uvs Real Estates Private Limited guideline value

The current guideline value for Uvs Real Estates Private Limited is Rs 150 per sq.ft. This property is located in Marutham village, under the Walajabad SRO, classified as Residential Class I Type - I.

How the guideline value of Uvs Real Estates Private Limited has changed

The guideline value for Uvs Real Estates Private Limited has seen several revisions over the years. The earliest available figure is from 2012, which was Rs 150 per sq.ft. In 2017, the value decreased to Rs 100 per sq.ft, marking a 33% reduction. However, in 2023, the value was revised back to Rs 150 per sq.ft, a 50% increase from the 2017 figure. The most recent revision in 2024 maintains this value at Rs 150 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 150 per sq.ft.

Guideline values in Marutham

In Marutham, there are eight streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 300 per sq.ft, with the median value being Rs 150 per sq.ft. The guideline value for Uvs Real Estates Private Limited is equal to this median.

• Unnamed Layout: Rs 300 per sq.ft (2024)
• Thirupathy Nagar Extension: Rs 300 per sq.ft (2024)
• Thirupathy Nagar: Rs 100 per sq.ft (2024)
• Sumathi Ammal Nagar: Rs 300 per sq.ft (2024)
• Sri Madhu Nagar Phase -I: Rs 150 per sq.ft (2024)
• Sharon Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Uvs Real Estates Private Limited

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value would be Rs 1,50,000. The stamp duty at 7% would amount to Rs 10,500, and the registration fee at 2% would be Rs 3,000, bringing the total fees to Rs 13,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Uvs Real Estates Private Limited?

Uvs Real Estates Private Limited falls under the jurisdiction of the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Marutham. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the fees reflect the actual value of the property being transferred.

Frequently asked questions

What is the current guideline value for Uvs Real Estates Private Limited?

The current guideline value for Uvs Real Estates Private Limited is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 150 per sq.ft in 2012, 2023, and 2024, while it decreased to Rs 100 per sq.ft in 2017. There are no figures available for the revisions in 2002, 2003, and 2007.

What is the land classification for Uvs Real Estates Private Limited?

Uvs Real Estates Private Limited is classified as Residential Class I Type - I, which indicates its suitability for residential development.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions is charged at 7% of the guideline value or sale price, whichever is higher. The registration fee is charged at 2%.

Where can I find the Walajabad SRO?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more information about it online.