Guideline Value for Wood Haven

Wood Haven guideline value

The current guideline value of Wood Haven in Nenmeli village is Rs 1,500 per sq.ft, effective from the 2024 revision. This property falls under the Chengleput Joint I SRO and is classified as Commercial Special Type - V.

How the guideline value of Wood Haven has changed

The guideline value register for Wood Haven shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,500 per sq.ft, which remained unchanged in the 2024 revision, also set at Rs 1,500 per sq.ft, reflecting a 0% change between these two revisions.

Thus, the guideline value for Wood Haven has remained consistent at Rs 1,500 per sq.ft since the 2023 revision, with no fluctuations noted in the previous revisions for this street.

Guideline values in Nenmeli

In Nenmeli, there are 53 streets under the Chengleput Joint I SRO, with guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 612 per sq.ft, placing Wood Haven's 2024 figure above this median.

• V.V.P.Garden: Rs 550 per sq.ft (2024)
• Vasan Nagar Phase 2: Rs 600 per sq.ft (2024)
• Vasan Nagar Phase 1: Rs 600 per sq.ft (2024)
• Vasan Avenue: Rs 600 per sq.ft (2024)
• Thangaraj City Extension: Rs 800 per sq.ft (2024)
• Thangaraj City: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Wood Haven

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total fees together to Rs 1,35,000. Please note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Wood Haven?

The Sub Registrar Office that covers Wood Haven is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

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

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Wood Haven?

The current guideline value of Wood Haven is Rs 1,500 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Wood Haven has remained at Rs 1,500 per sq.ft since the 2023 revision, with no figures recorded for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Wood Haven?

Wood Haven is classified as Commercial Special Type - V, indicating its intended use for commercial purposes.

What are the stamp duty and registration fees for property in Wood Haven?

The stamp duty for a property valued at Rs 15,00,000 would be Rs 1,05,000, while the registration fee would be Rs 30,000, totaling Rs 1,35,000. These fees are based on the guideline value.

Where is the Sub Registrar Office for Wood Haven located?

The Sub Registrar Office for Wood Haven is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.