Guideline Value for ATMOS

Atmos guideline value

The current guideline value for Atmos in Ponmar village, under the Gooduvancheri SRO, is Rs 2,000 per sq.ft. The land classification for this area is Mixed Type - I.

How the guideline value of Atmos has changed

The guideline value for Atmos has remained consistent over the years. The 2017 revision recorded a guideline value of Rs 2,000 per sq.ft, which was the same as the 2023 revision, indicating no change in value over this period.

For the years 2002, 2003, 2007, 2012, and 2024, the register has no figure for this street. Therefore, the only revisions available for reference are from 2017 and 2023, both reflecting a guideline value of Rs 2,000 per sq.ft.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. The Atmos street is classified under the Gooduvancheri SRO, and there are no other streets in Ponmar listed with guideline values.

Stamp duty and registration fee for property in Atmos

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, leading to a total of Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Atmos?

The Atmos area falls under the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, in the Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value serves as a benchmark for property transactions in Ponmar, determining the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

During the registration process, the higher of the guideline value or the sale price is taken into account for calculating these fees. This means that if the sale price exceeds the guideline value, the stamp duty will be based on the sale price instead.

Frequently asked questions

What is the current guideline value for Atmos?

The current guideline value for Atmos is Rs 2,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Atmos has remained unchanged at Rs 2,000 per sq.ft from the 2017 revision to the 2023 revision, indicating no increase or decrease in value.

What is the stamp duty rate for properties in Atmos?

The stamp duty rate for properties in Atmos is 7% of the guideline value or sale price, whichever is higher.

What are the registration fees for property in Atmos?

The registration fee for property in Atmos is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Atmos?

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