Guideline Value for YASWANTH ENCLAVE

Yaswanth Enclave guideline value

The current guideline value of Yaswanth Enclave is Rs 2,687 per sq.ft. This area is located in Melakottyur village, under the jurisdiction of the Gooduvancheri SRO. The land classification for this locality is Mixed Special Type - II.

How the guideline value of Yaswanth Enclave has changed

According to the guideline value register, the revisions for Yaswanth Enclave show no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 2,687 per sq.ft, with no changes reported between these revisions.

As of the 2023 revision, the guideline value remains consistent with previous years, as there are no figures available for the years leading up to it. Therefore, the 2023 value is the only figure currently published for this street.

Guideline values in Melakottyur

Currently, the only available guideline value for Yaswanth Enclave is Rs 2,687 per sq.ft. There are no other streets in Melakottyur listed with guideline values at this time.

Stamp duty and registration fee for property in Yaswanth Enclave

For a 1,000 sq.ft plot at the current rate, 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. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Yaswanth Enclave?

The Yaswanth Enclave is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Melakottyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value or the sale price is considered, with the higher amount being used to calculate 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 Yaswanth Enclave?

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

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revision for Yaswanth Enclave occurring in 2023. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Yaswanth Enclave?

The land classification for Yaswanth Enclave is Mixed Special Type - II, which indicates the type of development permissible in the area.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Yaswanth Enclave?

Stamp duty for properties in Yaswanth Enclave is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.