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Guideline Value

Corporate

Guideline Value for GOPULA KRISHNA NAGAR (TAI)

₹1100/sq.ft.

The guideline value for Gopula Krishna Nagar (tai) in Potheri village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Potheri

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Gopula Krishna Nagar (tai)

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Gopula Krishna Nagar (Tai) guideline value

The current guideline value of Gopula Krishna Nagar (Tai) is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Potheri village and falls under the Chengleput Joint II SRO, classified as Residential Class I Type - I.

How the guideline value of Gopula Krishna Nagar (Tai) has changed

The guideline value for Gopula Krishna Nagar (Tai) has seen several revisions over the years. The earliest available revision is from 2012, where the value was Rs 1,000 per sq.ft. This was followed by a decrease to Rs 670 per sq.ft in 2017. In 2023, the value increased to Rs 1,000 per sq.ft, and the most recent revision in 2024 set the value at Rs 1,100 per sq.ft.

From 2017 to 2023, there was a significant increase of 49%. The transition from 2023 to 2024 saw a 10% increase. Overall, from 2012 to 2024, the guideline value increased by 10%. The revisions for the years 2002, 2003, and 2007 do not have any figures listed for this street.

Guideline values in Potheri

Potheri village has a total of 129 streets under the Chengleput Joint II SRO, with the 2024 guideline values ranging from Rs 440 to Rs 2,970 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Gopula Krishna Nagar (Tai) above this median.

Stamp duty and registration fee for property in Gopula Krishna Nagar (Tai)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total cost to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Gopula Krishna Nagar (Tai)?

The Gopula Krishna Nagar (Tai) area is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Potheri. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in government records.

When a buyer and seller agree on a sale price, the stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Gopula Krishna Nagar (Tai)?

The current guideline value of Gopula Krishna Nagar (Tai) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification of Gopula Krishna Nagar (Tai)?

Gopula Krishna Nagar (Tai) is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty rates for property transactions in Potheri?

The stamp duty for property transactions in Potheri is charged at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Gopula Krishna Nagar (Tai)?

The Sub Registrar Office covering Gopula Krishna Nagar (Tai) is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details by visiting the appropriate link.