Guideline Value for GOLDEN VILLA GARDEN

Golden Villa Garden guideline value

The current guideline value of Golden Villa Garden, located in Rathinamangalam village under the Gooduvancheri SRO, is Rs 1,941 per sq.ft as per the 2023 revision. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Golden Villa Garden has changed

In the 2017 revision, the guideline value was set at Rs 1,300 per sq.ft. This marked a significant increase when compared to the previous revision figures, which are not available for the years 2002, 2003, 2007, and 2012. The most recent revision in 2023 shows an increase of 49% from the 2017 figure, raising the guideline value to Rs 1,941 per sq.ft.

As noted, there are no figures available for the years 2002, 2003, 2007, 2012, and 2024 in the register for this street. This means that the only available revisions for Golden Villa Garden are from 2017 and 2023.

Guideline values in Rathinamangalam

Currently, there are no specific guideline values available for other streets in Rathinamangalam. Golden Villa Garden is the only street mentioned in the current records.

Stamp duty and registration fee for property in Golden Villa Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,941 per sq.ft, the total guideline value amounts to Rs 19,41,000. The stamp duty is charged at 7%, which totals Rs 1,35,870, and the registration fee is at 2%, totaling Rs 38,820. Therefore, the total cost for stamp duty and registration fee together is Rs 1,74,690. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Golden Villa Garden?

The Gooduvancheri Sub Registrar Office covers Golden Villa Garden. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Rathinamangalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process of a property sale.

When a property is bought or sold, the guideline value is used to calculate the applicable charges, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. This helps in maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value of Golden Villa Garden?

The current guideline value of Golden Villa Garden is Rs 1,941 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased by 49%, rising from Rs 1,300 per sq.ft to Rs 1,941 per sq.ft in 2023.

Are there any guideline values available for other streets in Rathinamangalam?

No specific guideline values are available for other streets in Rathinamangalam at this time. Golden Villa Garden is the only street mentioned in the current records.

What are the stamp duty and registration fees for a property in Golden Villa Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 19,41,000. The stamp duty at 7% amounts to Rs 1,35,870, and the registration fee at 2% is Rs 38,820, totaling Rs 1,74,690 for both fees combined.

Which office handles property registrations for Golden Villa Garden?

The Gooduvancheri Sub Registrar Office handles property registrations for Golden Villa Garden. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.