Guideline Value for GUNGUNI AMMAN KOVIL THERU

Gunguni Amman Kovil Theru guideline value

The current guideline value of Gunguni Amman Kovil Theru is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Kavanur village under the Gooduvancheri SRO and falls under the Residential Class I Type - I land classification.

How the guideline value of Gunguni Amman Kovil Theru has changed

The guideline value for Gunguni Amman Kovil Theru has remained stable at Rs 600 per sq.ft for both the 2023 and 2024 revisions. Prior to that, in the 2017 revision, the value was Rs 402 per sq.ft, marking a significant increase of 49% from 2017 to 2023 and an overall increase of 49% from 2017 to 2024.

For the years 2002, 2003, 2007, and 2012, the register has no figure for this street. Thus, the most recent revisions show no change in the guideline value from 2023 to 2024.

Guideline values in Kavanur

Kavanur village has a total of 109 streets under the Gooduvancheri SRO that carry a 2024 guideline value, ranging from Rs 500 to Rs 2,239 per sq.ft, with a median value of Rs 800 per sq.ft. The guideline value of Gunguni Amman Kovil Theru is below this median.

• Guru Ramesh Nagar: Rs 700 per sq.ft (2024)
• Green Garden-I,II,III,IV: Rs 800 per sq.ft (2024)
• Green Garden: Rs 800 per sq.ft (2024)
• G.P Avenue: Rs 800 per sq.ft (2024)
• Gopalsamy Nagar: Rs 800 per sq.ft (2024)
• Indhira Gandhi Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Gunguni Amman Kovil Theru

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, making the total fees Rs 54,000. 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 precise calculations.

Which Sub Registrar Office covers Gunguni Amman Kovil Theru?

The Gunguni Amman Kovil Theru is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration process of property transactions in Kavanur. It serves as the benchmark for calculating stamp duty and registration fees, which are mandatory for all property transactions.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately and that the appropriate taxes are paid to the government. It is advisable to check the current guideline value before proceeding with any property transaction.

Frequently asked questions

What is the current guideline value of Gunguni Amman Kovil Theru?

The current guideline value of Gunguni Amman Kovil Theru is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2023 to 2024, with a significant increase of 49% from Rs 402 per sq.ft in 2017 to 2023.

What is the land classification for Gunguni Amman Kovil Theru?

Gunguni Amman Kovil Theru is classified under Residential Class I Type - I land classification.

What are the stamp duty and registration fees for properties in this area?

For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty and registration fees would amount to Rs 54,000, calculated based on the guideline value.

Which office handles registrations for Gunguni Amman Kovil Theru?

The Gooduvancheri Sub Registrar Office handles registrations for Gunguni Amman Kovil Theru, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.