Guideline Value for GUBERAN NAGAR

Guberan Nagar guideline value

The current guideline value of Guberan Nagar is Rs 320 per sq.ft, effective from 1 July 2024. This area is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Residential Special Type - II.

How the guideline value of Guberan Nagar has changed

The guideline value for Guberan Nagar has remained steady at Rs 320 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to this, there are no figures available for the years 2017, 2012, 2007, 2003, and 2002, indicating that the register has no figure for this street in those years.

From the 2023 to the 2024 revision, there was no change in the guideline value, maintaining a consistent rate of Rs 320 per sq.ft. This stability reflects the absence of fluctuations in the valuation for this street during these recent revisions.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft, positioning Guberan Nagar's 2024 figure below this median.

• Gothumaikollai Street: Rs 600 per sq.ft (2024)
• Irular Colony (Erikkarai Street): Rs 300 per sq.ft (2024)
• Gangaiamman Koil street: Rs 400 per sq.ft (2024)
• Jaheer Hussain Street: Rs 800 per sq.ft (2024)
• Gandhi Street: Rs 600 per sq.ft (2024)
• Jeeva Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Guberan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 320 per sq.ft, the total guideline value amounts to Rs 3,20,000. The stamp duty at 7% would be Rs 22,400, while the registration fee at 2% would be Rs 6,400, bringing the total fees to Rs 28,800. It is important to note that 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 Guberan Nagar?

The Sub Registrar Office that covers Guberan Nagar is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirukalukundrem A. It serves as a reference point for calculating stamp duty and registration fees, ensuring that these costs are based on the official valuation of the property.

When engaging in property transactions, it is essential to be aware of the guideline value, as it determines the financial obligations you will incur during the registration process. This helps in maintaining transparency and compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Guberan Nagar?

The current guideline value of Guberan Nagar is Rs 320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 320 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Thirukalukundrem A?

The median guideline value for streets in Thirukalukundrem A is Rs 600 per sq.ft. Guberan Nagar's guideline value is below this median.

What are the stamp duty and registration fees for Guberan Nagar?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,20,000. The stamp duty is Rs 22,400 and the registration fee is Rs 6,400, totaling Rs 28,800.

Which office handles registrations for Guberan Nagar?

The Thirukazhukundram Sub Registrar Office handles registrations for Guberan Nagar. It is located at Thiruchengode - 637 211, Chengalpattu registration zone.