Which area in Chennai has highest guideline value?

Area Max. Price/ Sq.ft. Min. Price/ Sq.ft
Pallavaram 10000 1500
T. Nagar 20000 4000
Mambalam 14000 4000
Adyar 14000 3000

How can we know the guideline value of land in Chennai?

How to Check Guidance Value in Chennai?

  • Go to the Registration Department’s official website i.e. https://tnreginet.gov.in/portal/ .
  • Click on the guideline value tab. …
  • Fill in the required details which are street number or survey number. …
  • Click on the search option and the street details will be shown on the screen.

How is guideline value calculated?

Property Guideline value is the estimated market value of the property as per the records maintained by the Government. … For a residential area that is not formed into streets, the guideline value of such properties is fixed upon the survey number of the property.

Is stamp duty calculated on UDS or total property value for an apartment in Chennai?

Stamp duty is calculated based on the market value or the consideration value of the property, whichever is higher. So, if the value of the property is Rs. 60 lakh, the charge will be 7% of Rs. 60 lakh.

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How do you enter a survey number in Gareginet?

Step 1: Select EC search from the Home page. The page will direct to next page. Step 2: Select Zone, District, Sub Registrar office, Village, Dates. Step 3: Enter survey number and subdivision number.

What is guideline value Chennai?

Chennai has a minimum guideline value of Rs. 40 per sqft to a maximum of Rs. 23500 per sqft. Chennai has 59 sub registrar office through which any property including land,house etc in Chennai can be registered in the respective sub registrar office (SRO). …

How do I get EC for 30 years?

Fees Applicable to Get EC Encumbrance Certificate

For up to 30 years, the fee is ₹ 200 and for more than 30 years, the fee is ₹ 500. Service charge is ₹ 25. For 30 years, fee is ₹ 200 and for more than 30 years, fee is ₹ 500. Till date, computerized certificates are issued only in some states.

What is registration value?

It is the value of the property at which the property is registered. Generally the rates for the value for registration is fixed for specific areas by the authorities in many places.

How do you calculate government value of property?

Illustration for calculation total valuation of the property:

  1. Total Built-up Area – 900 Square Feet / 83.61 Square Metres.
  2. Balcony/Terrace – 200 Square Feet / 18.58 Square Metres.
  3. Open Parking – 100 Square Feet / 9.29 Square Metres.
  4. Floor Number – 5th Floor.
  5. Lift – Yes.
  6. Age of Property – 21 to 30 years.
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What is government value?

Market value or Govt value, Which ever shows the higher value, the stamps has to be paid for that. Kirti Kar Tripathi (Expert) 25 December 2010. it is settled position that stamp duty is payable on the basis of circle rate prescribed by the government for a particular area or value of the property in the deed.

How is stamp duty calculated?

The cost of stamp duty is generally 5-7% of the property’s market value. Registration charges tend to be 1% of the property’s market value. As such, these charges can run into lakhs of rupees.

How are property registration fees calculated?

Generally, 1% of the property’s total market value is charged as the registration charge. For example, if a person wishes to buy a property worth Rs. 60 lakh in Delhi where the stamp duty rate is 6%, he or she has to pay Rs. 3.6 lakh as stamp duty while Rs.

What is the percentage of stamp duty in Tamilnadu?

Registration and stamp duty charges in Tamil Nadu are higher than those in most states. The stamp duty for sales, exchange or gift of property is 7% of the market value and registration charges are 4% of the market value of the property.

What is survey number document?

The record contains information like the location, size, shape, and ownership of the land created by the surveyor. To know about the land survey number in India, one can check it online on the online portal made for Land Survey Number.

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How can I check my Patta status?

To check the status of Patta Citta online:

  1. Visit e-District.
  2. Enter the ‘Application ID’ and the mentioned ‘Captcha Values’.
  3. Upon clicking on ‘Get Status’, you’ll be able to view the status of your application for the transfer of Patta Chitta.

How do I check my Villangam online?

To check your villangam certificate online, all you have to do is go to the registration department’s official website. After this, click on E-services. Choose the encumbrance certificate option, and in the requests section, you can check your certificate.