Guideline Value for swathi nagar iv

Swathi Nagar IV guideline value

The current guideline value of Swathi Nagar IV is Rs 612 per sq.ft, effective from 1 July 2024. This area is located in Thirupanthiyoor village under the Sunguvarchattram SRO, and the land classification is Mixed Type - III.

How the guideline value of Swathi Nagar IV has changed

In the 2024 revision, the guideline value for Swathi Nagar IV is Rs 612 per sq.ft, which remains unchanged from the 2023 revision, where it was also Rs 612 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision to the 2024 revision, there has been a change of +0%. This indicates that the guideline value has remained stable over the last two revisions.

Guideline values in Thirupanthiyoor

In Thirupanthiyoor, there are 53 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 900 per sq.ft, with a median value of Rs 350 per sq.ft. The guideline value of Swathi Nagar IV is above this median.

• Swathi Nagar: Rs 450 per sq.ft (2024)
• Susaiyapparpuram: Rs 200 per sq.ft (2024)
• Susaiappar Street: Rs 200 per sq.ft (2024)
• Thirumanikuppam Salai: Rs 200 per sq.ft (2024)
• Thiruvallur Main Road(From PetrolBank To Anthoniyarpuram): Rs 450 per sq.ft (2024)
• Thomaiyar street: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Swathi Nagar IV

For a 1,000 sq.ft plot at the current guideline value of Rs 612 per sq.ft, the total guideline value would be Rs 6,12,000. The stamp duty at 7% would amount to Rs 42,840, and the registration fee at 2% would be Rs 12,240, totaling Rs 55,080. It is important to note that 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 Swathi Nagar IV?

Swathi Nagar IV falls under the jurisdiction of 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 Thirupanthiyoor

The guideline value is a crucial factor in the registration process of property transactions in Thirupanthiyoor. It is used to determine the stamp duty and registration fees that buyers and sellers must pay when completing a property sale.

When a property is registered, the guideline value serves as a baseline to ensure that the transaction is recorded at a value that is recognized by the government. This helps in maintaining transparency and standardization in property dealings within the region.

Frequently asked questions

What is the current guideline value of Swathi Nagar IV?

The current guideline value of Swathi Nagar IV is Rs 612 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Swathi Nagar IV has remained unchanged at Rs 612 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Swathi Nagar IV?

The land classification of Swathi Nagar IV is Mixed Type - III, which indicates the varied use of land in this area.

What are the stamp duty rates applicable in Swathi Nagar IV?

The stamp duty rate applicable in Swathi Nagar IV is 7%. This is calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Swathi Nagar IV?

The Sub Registrar Office covering Swathi Nagar IV is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.