Guideline Value for YASWANTH AVENUE PHASE - I

Yaswanth Avenue Phase - I guideline value

The current guideline value for Yaswanth Avenue Phase - I is Rs 1,700 per sq.ft. This property is located in Melakottyur village, under the Gooduvancheri SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Yaswanth Avenue Phase - I has changed

Looking back at the revisions, the guideline value for Yaswanth Avenue Phase - I was set at Rs 1,700 per sq.ft in the 2017 revision and has remained unchanged in the 2023 revision, also at Rs 1,700 per sq.ft. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, the guideline value saw no increase, reflecting a stable valuation over this period. The consistency in the guideline value per sq.ft indicates that the property has maintained its valuation without fluctuations during these revisions.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Yaswanth Avenue Phase - I stands at a guideline value of Rs 1,700 per sq.ft. There are no other streets in Melakottyur under the Gooduvancheri SRO provided in the current data.

Stamp duty and registration fee for property in Yaswanth Avenue Phase - I

For a 1,000 sq.ft plot at the current rate, the guideline value would amount to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. It is important to 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 Yaswanth Avenue Phase - I?

The Yaswanth Avenue Phase - I is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Melakottyur. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions within the region.

Frequently asked questions

What is the current guideline value for Yaswanth Avenue Phase - I?

The current guideline value for Yaswanth Avenue Phase - I is Rs 1,700 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Yaswanth Avenue Phase - I has remained stable at Rs 1,700 per sq.ft from the 2017 revision to the 2023 revision, showing no percentage change.

Are there any other streets in Melakottyur with guideline values?

No specific figures for other streets in Melakottyur are provided, and currently, there are no other streets listed under the Gooduvancheri SRO.

What are the stamp duty and registration fees for property in Yaswanth Avenue Phase - I?

The stamp duty for a property valued at Rs 17,00,000 would be Rs 1,19,000, while the registration fee would be Rs 34,000, totaling Rs 1,53,000.

Which office handles registrations for Yaswanth Avenue Phase - I?

The Gooduvancheri Sub Registrar Office handles registrations for Yaswanth Avenue Phase - I, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone.