Guideline Value for GUBERAN NAGAR PART - II

Guberan Nagar Part - II guideline value

The current guideline value of Guberan Nagar Part - II is Rs 840 per sq.ft, effective from 1 July 2024. This area is located in Pillaippakkam-A village and falls under the Sriperumpudur SRO. The land classification for this street is Mixed Type - II.

How the guideline value of Guberan Nagar Part - II has changed

The guideline value for Guberan Nagar Part - II has remained consistent across several revisions. In the 2017 revision, the value was set at Rs 840 per sq.ft, which was maintained in the 2023 revision. The 2024 revision also confirms the guideline value at Rs 840 per sq.ft, indicating no percentage change from the previous years.

For the years 2002, 2003, 2007, and 2012, the register has no figure for this street. Therefore, the overall change from 2017 to 2024 shows a stable guideline value of Rs 840 per sq.ft, with no fluctuations during this period.

Guideline values in Pillaippakkam-A

In Pillaippakkam-A, there are 49 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,254 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, placing Guberan Nagar Part - II's value above this median.

• Guberan Nagar: Rs 1,254 per sq.ft (2024)
• Jasmine Nagar: Rs 200 per sq.ft (2024)
• Ganapathy Nagar: Rs 200 per sq.ft (2024)
• Joy Garden: Rs 400 per sq.ft (2024)
• Erikkarai Street: Rs 200 per sq.ft (2024)
• Kammalar Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Guberan Nagar Part - II

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total fees to Rs 75,600. 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 precise calculations based on your property.

Which Sub Registrar Office covers Guberan Nagar Part - II?

The Sub Registrar Office that covers Guberan Nagar Part - II is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, 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 Pillaippakkam-A

The guideline value is a critical factor in the registration process when buying or selling property in Pillaippakkam-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value for Guberan Nagar Part - II?

The current guideline value for Guberan Nagar Part - II is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Guberan Nagar Part - II has remained stable at Rs 840 per sq.ft since the 2017 revision, with no changes noted in subsequent revisions up to 2024.

What is the land classification for Guberan Nagar Part - II?

The land classification for Guberan Nagar Part - II is Mixed Type - II, indicating a diverse use of land in this area.

Where can I find the Sub Registrar Office for Guberan Nagar Part - II?

The Sub Registrar Office for Guberan Nagar Part - II is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Guberan Nagar Part - II?

Stamp duty for properties in Guberan Nagar Part - II is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 8,40,000, the stamp duty would be Rs 58,800 at a rate of 7%.