Guideline Value for GOLDEN WATERINA

Golden Waterina guideline value

The current guideline value of Golden Waterina is Rs 350 per sq.ft, effective from 1 July 2024. This property is located in Koovathoor village under the Cheyyur SRO, classified as Residential Special Type - I.

How the guideline value of Golden Waterina has changed

Looking at the revisions, the guideline value for Golden Waterina was Rs 234 per sq.ft in 2017. It remained unchanged at Rs 350 per sq.ft in the 2023 revision and continues at the same rate in the 2024 revision, indicating a 50% increase from the 2017 figure to the current value. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value saw a 50% increase. However, from 2023 to 2024, there has been no change, maintaining the rate at Rs 350 per sq.ft.

Guideline values in Koovathoor

In Koovathoor, five streets under the Cheyyur SRO have a 2024 guideline value ranging from Rs 300 to Rs 502 per sq.ft, with a median value of Rs 500 per sq.ft. Golden Waterina's 2024 figure is below this median.

• Pavan Vedh Enclave: Rs 500 per sq.ft (2024)
• Prime Coastal: Rs 500 per sq.ft (2024)
• M.A.M.Nagar: Rs 300 per sq.ft (2024)
• கந்தசாமி நகர்: Rs 502 per sq.ft (2024)

Stamp duty and registration fee for property in Golden Waterina

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, bringing the total fees to Rs 31,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Golden Waterina?

The Golden Waterina property falls under the jurisdiction of the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Koovathoor. It determines the stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value helps ensure that the transaction is documented accurately and reflects the official value set by the registration department. This process is essential for maintaining transparency and legality in property transactions.

Frequently asked questions

What is the current guideline value of Golden Waterina?

The current guideline value of Golden Waterina is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision of Rs 234 per sq.ft, the guideline value has increased by 50% to Rs 350 per sq.ft in both the 2023 and 2024 revisions.

What are the guideline values of other streets in Koovathoor?

Other streets in Koovathoor have guideline values ranging from Rs 300 to Rs 502 per sq.ft. Golden Waterina's value is below the median of Rs 500 per sq.ft.

What fees are associated with buying property in Golden Waterina?

When purchasing property in Golden Waterina, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value, which is Rs 350 per sq.ft.

Which Sub Registrar Office should I contact for Golden Waterina?

The Cheyyur Sub Registrar Office covers Golden Waterina, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.