Guideline Value for GOLDEN CITY EXT

Golden City Ext guideline value

The current guideline value of Golden City Ext, located in Anupampattu village under the Ponneri SRO, is Rs 300 per sq.ft. This value is effective from the 2024 revision, which will be implemented on 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Golden City Ext has changed

The guideline value for Golden City Ext has seen several revisions over the years. In the 2012 revision, the value was set at Rs 300 per sq.ft, which was a decrease from Rs 201 per sq.ft in the 2017 revision. The 2017 figure marked a significant increase of 49% from the previous revision, while the 2023 revision maintained the value at Rs 300 per sq.ft. The 2024 revision also keeps the value unchanged at Rs 300 per sq.ft, resulting in a 0% change from the 2023 revision.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained the same, showing no increase during this period.

Guideline values in Anupampattu

Anupampattu village has 42 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, placing Golden City Ext at the median value.

• Golden City Nagar: Rs 300 per sq.ft (2024)
• Gresh Avenue: Rs 300 per sq.ft (2024)
• Jaya Surya Nagar: Rs 300 per sq.ft (2024)
• Durai Swami Nagar: Rs 300 per sq.ft (2024)
• Kalai Garden: Rs 300 per sq.ft (2024)
• Dg Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Golden City Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Golden City Ext?

The Sub Registrar Office that covers Golden City Ext is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Anupampattu. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the authorities.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Golden City Ext?

The current guideline value of Golden City Ext is Rs 300 per sq.ft, effective from the 2024 revision starting on 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Golden City Ext has remained at Rs 300 per sq.ft from 2012 to 2024, with a notable increase of 49% from Rs 201 per sq.ft in 2017 to Rs 300 in 2023.

What is the land classification for Golden City Ext?

The land classification for Golden City Ext is Residential Class II Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Golden City Ext?

The Sub Registrar Office for Golden City Ext is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is the stamp duty calculated for properties in Golden City Ext?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, a 1,000 sq.ft plot at the guideline value of Rs 300 per sq.ft would incur a total stamp duty of Rs 21,000.