Guideline Value for YASWANTH NAGAR PHASE I

Yaswanth Nagar Phase I guideline value

The current guideline value of Yaswanth Nagar Phase I is Rs 2,239 per sq.ft. This area is located in Melakottyur village, under the Gooduvancheri SRO, and is classified as Mixed Type - II land.

How the guideline value of Yaswanth Nagar Phase I has changed

The guideline value for Yaswanth Nagar Phase I has seen significant changes over the years. The 2017 revision set the guideline value at Rs 1,500 per sq.ft, which was an increase from the previous revisions. The most recent 2023 revision has raised this figure to Rs 2,239 per sq.ft, marking a notable increase of 49% from the 2017 value.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street, indicating that the guideline value was not recorded during those years.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Yaswanth Nagar Phase I is part of this locality, and there are no other streets in Melakottyur under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Yaswanth Nagar Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, bringing the total charges to Rs 2,01,510. It is important to note that the 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 Nagar Phase I?

The Gooduvancheri Sub Registrar Office covers Yaswanth Nagar Phase I. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your 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 when registering property transactions in Melakottyur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a buyer or seller engages in a transaction, the guideline value is used to calculate the associated costs. This ensures that the registration process adheres to the established rates, making it an essential aspect of property dealings in the area.

Frequently asked questions

What is the current guideline value of Yaswanth Nagar Phase I?

The current guideline value of Yaswanth Nagar Phase I is Rs 2,239 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,500 per sq.ft to Rs 2,239 per sq.ft in 2023, reflecting a 49% rise.

Are there any guideline values for previous years?

There are no guideline values available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Yaswanth Nagar Phase I.

What are the stamp duty and registration fees for buying property in Yaswanth Nagar Phase I?

For a 1,000 sq.ft plot, the total guideline value is Rs 22,39,000, leading to a stamp duty of Rs 1,56,730 and a registration fee of Rs 44,780, totaling Rs 2,01,510.

Where is the Gooduvancheri Sub Registrar Office located?

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