Guideline Value for GOWRI PUDRA

Gowri Pudra guideline value

The current guideline value of Gowri Pudra in Mappedu village is Rs 275 per sq.ft, effective from 1 July 2024. This area falls under the Perambakkam Sub Registrar Office and is classified as Residential Class IV Type - I.

How the guideline value of Gowri Pudra has changed

In the 2017 revision, the guideline value for Gowri Pudra was set at Rs 275 per sq.ft. This figure remained unchanged in the subsequent revisions of 2023 and 2024, indicating a consistent valuation over these years. The register has no figure for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has not changed, with a consistent rate of Rs 275 per sq.ft across these years.

Guideline values in Mappedu

In Mappedu village, there are 9 streets under the Perambakkam SRO that carry a 2024 guideline value, ranging from Rs 234 to Rs 400 per sq.ft. The guideline value of Gowri Pudra aligns with the median value of Rs 275 per sq.ft for the area.

• Mahalakshmi Nagar: Rs 275 per sq.ft (2024)
• Rose Garden: Rs 400 per sq.ft (2024)
• Sadasivam Nagar: Rs 275 per sq.ft (2024)
• Sri Dhanalakshmi Nagar: Rs 275 per sq.ft (2024)
• Sri Krishna Nagar: Rs 234 per sq.ft (2024)
• Sri Vigneshwara Nagar: Rs 268 per sq.ft (2024)

Stamp duty and registration fee for property in Gowri Pudra

For a 1,000 sq.ft plot at the current guideline value of Rs 275 per sq.ft, the total guideline value amounts to Rs 2,75,000. The stamp duty at 7% would be Rs 19,250, and the registration fee at 2% would be Rs 5,500, making a total of Rs 24,750. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Gowri Pudra?

The Gowri Pudra area is covered by the Perambakkam Sub Registrar Office located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai. To find your specific SRO, visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Mappedu. It is used as a basis for calculating stamp duty and registration fees when buying or selling property. This ensures that the transaction is recorded at a fair value as determined by the government.

When a buyer or seller registers a property, the guideline value is referenced to determine the applicable fees. This value is essential for both parties to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Gowri Pudra?

The current guideline value of Gowri Pudra is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Gowri Pudra has remained at Rs 275 per sq.ft since the 2017 revision, with no changes noted in the 2023 and 2024 revisions.

What is the classification of land in Gowri Pudra?

The land classification for Gowri Pudra is Residential Class IV Type - I, indicating its designation for residential use.

Where can I find the registration office for Gowri Pudra?

The registration office for Gowri Pudra is the Perambakkam Sub Registrar Office, located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai.

How is the stamp duty calculated for properties in Gowri Pudra?

Stamp duty for properties in Gowri Pudra is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 275 per sq.ft would incur a total stamp duty of Rs 19,250.