Guideline Value for Yamunai Nagar Extn

Yamunai Nagar Extn guideline value

The current guideline value for Yamunai Nagar Extn is Rs 1,500 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - II.

How the guideline value of Yamunai Nagar Extn has changed

Looking at the historical revisions, the guideline value for Yamunai Nagar Extn was Rs 1,500 per sq.ft in the 2012 revision, then decreased to Rs 1,005 per sq.ft in 2017. However, it increased significantly to Rs 1,500 per sq.ft in the 2023 revision, marking a 49% rise from 2017 to 2023. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007, as well as for the year 2024.

From the 2012 revision to the 2017 revision, there was a decrease of 33%. Overall, comparing the 2012 and 2023 revisions, the guideline value remains unchanged at Rs 1,500 per sq.ft.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. The Yamunai Nagar Extn guideline value stands at Rs 1,500 per sq.ft.

Stamp duty and registration fee for property in Yamunai Nagar Extn

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Yamunai Nagar Extn?

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

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

The guideline value plays a crucial role during property transactions in Ayyencheri. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on a standardized valuation.

At the time of registration, the buyer must pay the stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Yamunai Nagar Extn?

The current guideline value of Yamunai Nagar Extn is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Yamunai Nagar Extn has seen various changes, with a decrease to Rs 1,005 per sq.ft in 2017 and an increase back to Rs 1,500 per sq.ft in 2023. The overall change from 2012 to 2023 shows no increase in the guideline value.

What is the stamp duty rate for property in Yamunai Nagar Extn?

The stamp duty rate for property in Yamunai Nagar Extn is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

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

How is the guideline value determined for property transactions?

The guideline value is determined by the Registration Department and is used to calculate the stamp duty and registration fees during property transactions. It serves as a standardized valuation for properties in the area.