Guideline Value for WING PARADISE

Wing Paradise guideline value

The current guideline value of Wing Paradise in Nalambakkam village is Rs 2,687 per sq.ft, as per the 2023 revision. This property falls under the Gooduvancheri SRO and is classified as Mixed Type - I land.

How the guideline value of Wing Paradise has changed

The guideline value for Wing Paradise has seen significant changes over the years. In the 2017 revision, the guideline value was Rs 1,800 per sq.ft. The latest revision in 2023 shows an increase to Rs 2,687 per sq.ft, marking a change of +49% from the previous figure.

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

Guideline values in Nalambakkam

Currently, there are no specific guideline values provided for other streets in Nalambakkam. The only available guideline value for Wing Paradise is Rs 2,687 per sq.ft as of 2023.

Stamp duty and registration fee for property in Wing Paradise

For a 1,000 sq.ft plot at the current rate of Rs 2,687 per sq.ft, the guideline value amounts to Rs 26,87,000. The stamp duty at 7% would be Rs 1,88,090, and the registration fee at 2% would be Rs 53,740, bringing the total to Rs 2,41,830. Please note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Wing Paradise?

The Wing Paradise property is covered by 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 Nalambakkam

The guideline value plays a crucial role during the registration of property transactions in Nalambakkam. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property.

When a property is registered, the higher amount between the guideline value and the sale price is considered for calculating the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Wing Paradise?

The current guideline value of Wing Paradise is Rs 2,687 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased from Rs 1,800 per sq.ft to Rs 2,687 per sq.ft, marking a change of +49%.

Are there any guideline values for other streets in Nalambakkam?

Currently, there are no specific guideline values provided for other streets in Nalambakkam. Only the guideline value for Wing Paradise is available.

What are the stamp duty and registration fees for property in Wing Paradise?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 2,41,830, which includes Rs 1,88,090 for stamp duty and Rs 53,740 for registration fees.

Which office handles the registration for Wing Paradise?

The registration for Wing Paradise is handled by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.