Guideline Value for Yamunai Nagar

Yamunai Nagar guideline value

The current guideline value of Yamunai Nagar is Rs 1,500 per sq.ft, as per the 2023 revision. This area is located in Ayyencheri village and falls under the Gooduvancheri SRO. The land classification for this region is Residential Special Type - II.

How the guideline value of Yamunai Nagar has changed

The guideline value of Yamunai Nagar has seen several revisions over the years. In the 2007 revision, the value was Rs 370 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in the 2012 revision, marking a rise of 305%. However, in the 2017 revision, the value decreased to Rs 1,005 per sq.ft, which was a drop of 33%. The most recent revision in 2023 saw the value return to Rs 1,500 per sq.ft, reflecting an increase of 49% from 2017.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 305%. It is important to note that there are no figures available for the years 2002, 2003, and 2024 regarding this street.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. Yamunai Nagar is a part of this village, and there are no other streets in Ayyencheri listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Yamunai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, while the registration fee at 2% would be Rs 30,000. Together, the total cost for these fees would be Rs 1,35,000. 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 Yamunai Nagar?

The Sub Registrar Office that covers Yamunai Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, 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 Ayyencheri

The guideline value is an important reference point during the registration of property transactions in Ayyencheri. It helps determine the stamp duty and registration fees payable, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and fairly in the official records. It is essential for both buyers and sellers to be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Yamunai Nagar?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 370 per sq.ft in 2007 to Rs 1,500 per sq.ft in 2012, then decreased to Rs 1,005 per sq.ft in 2017, and finally returned to Rs 1,500 per sq.ft in 2023.

What are the stamp duty and registration fees for property in Yamunai Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 15,00,000. The stamp duty at 7% is Rs 1,05,000, and the registration fee at 2% is Rs 30,000, totaling Rs 1,35,000 for these fees.

Which Sub Registrar Office covers Yamunai Nagar?

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

Are there any other streets in Ayyencheri?

Currently, there are no other streets in Ayyencheri listed under the Gooduvancheri SRO.