Guideline Value for GOKULAN ST GOVARTHANAGIRI

Gokulan St Govarthanagiri guideline value

The current guideline value of Gokulan St Govarthanagiri is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village, under the Avadi SRO, and is classified as Residential Special Type - I.

How the guideline value of Gokulan St Govarthanagiri has changed

The guideline value for Gokulan St Govarthanagiri has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in the 2017 revision. Following this, the value significantly increased to Rs 1,500 per sq.ft in 2023, and the most recent revision in 2024 has raised it further to Rs 1,625 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 87%. The overall change from 2012 to 2024 reflects a 35% increase in the guideline value.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft, with the median value being Rs 1,625 per sq.ft. Gokulan St Govarthanagiri's 2024 figure is equal to this median.

• Gothaari Garden: Rs 1,625 per sq.ft (2024)
• Gothari Garden: Rs 1,625 per sq.ft (2024)
• Govarthanagiri Bharathi St: Rs 1,625 per sq.ft (2024)
• Govarthanagiri Govindasamy Street: Rs 1,625 per sq.ft (2024)
• Govarthnagiri Pillaiyar Koil St: Rs 1,625 per sq.ft (2024)
• Garden St (West): Rs 1,625 per sq.ft (2024)

Stamp duty and registration fee for property in Gokulan St Govarthanagiri

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 16,25,000. The stamp duty at 7% amounts to Rs 1,13,750, and the registration fee at 2% is Rs 32,500, making the total Rs 1,46,250. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gokulan St Govarthanagiri?

The Gokulan St Govarthanagiri is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is sold, the guideline value is used to assess the applicable fees, ensuring that the transaction is compliant with local regulations. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Gokulan St Govarthanagiri?

The current guideline value of Gokulan St Govarthanagiri is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions: Rs 1,200 per sq.ft in 2012, Rs 804 per sq.ft in 2017, Rs 1,500 per sq.ft in 2023, and currently Rs 1,625 per sq.ft in 2024.

What is the land classification for Gokulan St Govarthanagiri?

Gokulan St Govarthanagiri is classified as Residential Special Type - I, which is relevant for property transactions in the area.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 16,25,000, the stamp duty is Rs 1,13,750, and the registration fee is Rs 32,500, totaling Rs 1,46,250.

Where is the Sub Registrar Office for Gokulan St Govarthanagiri located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.