Guideline Value for Yamuna Nagar

Yamuna Nagar guideline value

The current guideline value of Yamuna Nagar, located in Nandhivaram village under the Gooduvancheri SRO, is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - I.

How the guideline value of Yamuna Nagar has changed

Over the years, the guideline value for Yamuna Nagar has seen several revisions. Starting from the 2002 revision, the value was Rs 89 per sq.ft. In 2007, it increased significantly to Rs 328 per sq.ft, marking a change of +269%. The 2012 revision saw the value rise to Rs 1,000 per sq.ft, which was an increase of +205%. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, reflecting a change of -33%. The 2017 revision brought it back up to Rs 1,000 per sq.ft in 2023, with no change from the previous year. Finally, the 2024 revision maintained the guideline value at Rs 1,000 per sq.ft, showing a 0% change from 2023.

It is important to note that there is no figure available for the year 2003 in the register for this street. Overall, from 2002 to 2024, the guideline value has increased by +1024%.

Guideline values in Nandhivaram

Nandhivaram village has a total of 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 1,000 to Rs 3,500 per sq.ft. The median value for these streets is Rs 1,500 per sq.ft, placing Yamuna Nagar's 2024 figure below this median.

• Zion Nagar: Rs 1,500 per sq.ft (2024)
• Viswanathapuram: Rs 2,000 per sq.ft (2024)
• Vijaya Nagar: Rs 1,000 per sq.ft (2024)
• Venkateswara Nagar Part-I: Rs 2,000 per sq.ft (2024)
• Veerabagu Nagar Extn: Rs 2,000 per sq.ft (2024)
• Veerabagu Nagar: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Yamuna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Yamuna Nagar?

The Sub Registrar Office covering Yamuna Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nandhivaram, 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 Nandhivaram

The guideline value is a crucial factor when buying or selling property in Nandhivaram. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value according to the local regulations.

When registering a property, 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 the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Yamuna Nagar?

The current guideline value of Yamuna Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 89 per sq.ft in 2002 to Rs 1,000 per sq.ft in 2024, reflecting an overall increase of +1024% over the years.

What is the median guideline value in Nandhivaram?

The median guideline value in Nandhivaram is Rs 1,500 per sq.ft, with Yamuna Nagar's current value being below this median.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is 2% of the guideline value. These fees are based on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Yamuna Nagar located?

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