Guideline Value for ATMOS EXTENSION

Atmos Extension guideline value

The current guideline value of Atmos Extension is Rs 3,300 per sq.ft. This area is located in Ponmar village and falls under the Gooduvancheri SRO. The land classification for Atmos Extension is Residential Class I Type - V.

How the guideline value of Atmos Extension has changed

The guideline value for Atmos Extension has seen several revisions over the years. The register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 3,300 per sq.ft, which remains unchanged from previous revisions.

Since there are no figures available for the earlier revisions mentioned, it is important to note that the only available guideline value for Atmos Extension is from the 2023 revision. Therefore, no changes in the guideline value have been recorded between these revisions.

Guideline values in Ponmar

In Ponmar, the guideline value for Atmos Extension stands at Rs 3,300 per sq.ft. There are no other streets in Ponmar for which figures are provided.

Stamp duty and registration fee for property in Atmos Extension

For a 1,000 sq.ft plot at the current rate of Rs 3,300 per sq.ft, the guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, while the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Atmos Extension?

The Sub Registrar Office that covers Atmos Extension is 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 Ponmar

When buying or selling property in Ponmar, the guideline value is a crucial factor in determining the stamp duty and registration fees. The guideline value serves as a benchmark for the minimum value at which properties can be registered.

During the registration process, the buyer must pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Atmos Extension?

The current guideline value of Atmos Extension is Rs 3,300 per sq.ft, as per the 2023 revision.

Which Sub Registrar Office covers Atmos Extension?

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

How is the stamp duty calculated for properties in Atmos Extension?

Stamp duty for properties in Atmos Extension is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000.

Are there any other streets in Ponmar with guideline values?

No, there are no other streets in Ponmar for which guideline values are provided in the register.

What is the land classification for Atmos Extension?

The land classification for Atmos Extension is Residential Class I Type - V, indicating its designated use for residential purposes.