Guideline Value for mother Therasa Nagar

mother Therasa Nagar guideline value

The current guideline value of mother Therasa Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Santhavellur_B village under the Sunguvarchattram SRO, classified as Residential Class I Type - I.

How the guideline value of mother Therasa Nagar has changed

The guideline value for mother Therasa Nagar has remained consistent at Rs 300 per sq.ft for both the 2023 and 2024 revisions. Prior to this, the 2017 revision listed the guideline value at Rs 201 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

There are no recorded figures for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Santhavellur_B

In Santhavellur_B, there are 55 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 2,000 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for mother Therasa Nagar is below this median.

• Moogambika Nagar: Rs 300 per sq.ft (2024)
• Mettu Street: Rs 850 per sq.ft (2024)
• Maruthi Avenue: Rs 700 per sq.ft (2024)
• Mariamman Kovil Street: Rs 250 per sq.ft (2024)
• New Andal Nagar: Rs 300 per sq.ft (2024)
• Mahalakshmi Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in mother Therasa Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers mother Therasa Nagar?

The Sub Registrar Office that covers mother Therasa Nagar is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Santhavellur_B. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value provides a benchmark for the sale price. Buyers and sellers must consider this value to understand the potential costs associated with the transaction, including applicable duties and fees.

Frequently asked questions

What is the current guideline value of mother Therasa Nagar?

The current guideline value of mother Therasa Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft for both the 2023 and 2024 revisions, with a previous value of Rs 201 per sq.ft in 2017, reflecting a 49% increase from 2017 to 2023.

What are the guideline values of other streets in Santhavellur_B?

Other streets in Santhavellur_B have varying guideline values, ranging from Rs 200 to Rs 2,000 per sq.ft. For instance, Mettu Street is valued at Rs 850 per sq.ft, while Mariamman Kovil Street is at Rs 250 per sq.ft.

What fees are associated with buying property in mother Therasa Nagar?

When buying property in mother Therasa Nagar, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for mother Therasa Nagar?

The Sub Registrar Office for mother Therasa Nagar is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more information by visiting the relevant link.