Guideline Value for Golden heaven Phase II

Golden heaven Phase II guideline value

The current guideline value for Golden heaven Phase II in Keezhavedu village is Rs 800 per sq.ft, effective from 1 July 2024. This property falls under the Chengleput Joint I SRO and is classified as Residential Class III Type - II.

How the guideline value of Golden heaven Phase II has changed

The guideline value for Golden heaven Phase II has remained consistent at Rs 800 per sq.ft from the 2023 revision to the 2024 revision, reflecting a change of +0%. Prior to this, there are no figures available in the register for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In the 2024 revision, the guideline value is set at Rs 800 per sq.ft, matching the previous year's figure. This stability indicates that there have been no fluctuations in the guideline value for this property over the last two years.

Guideline values in Keezhavedu

In Keezhavedu, there are 11 streets under the Chengleput Joint I SRO that carry a 2024 guideline value ranging from Rs 415 to Rs 1,500 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value for Golden heaven Phase II is above this median.

• Golden Heaven: Rs 750 per sq.ft (2024)
• Jayaram Nagar: Rs 635 per sq.ft (2024)
• Jayaram Nagar Part-I: Rs 750 per sq.ft (2024)
• Om Sakthi Nagar: Rs 620 per sq.ft (2024)
• Rajammal Nagar: Rs 635 per sq.ft (2024)
• Sai Thirumala nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Golden heaven Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Golden heaven Phase II?

The Chengleput Joint I Sub Registrar Office covers Golden heaven Phase II. The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial reference for determining the minimum price at which a property can be registered in Keezhavedu. When buying or selling property, this value helps in calculating the applicable stamp duty and registration fees, ensuring compliance with local regulations.

It is essential to understand that the guideline value may influence negotiations during property transactions. Buyers and sellers should be aware of the current guideline value to make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value for Golden heaven Phase II?

The current guideline value for Golden heaven Phase II is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Golden heaven Phase II has remained at Rs 800 per sq.ft from 2023 to 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Golden heaven Phase II?

Golden heaven Phase II is classified as Residential Class III Type - II according to the local guidelines.

What are the stamp duty and registration fees for property transactions?

For a 1,000 sq.ft plot at the guideline value of Rs 800 per sq.ft, the total guideline value is Rs 8,00,000. The stamp duty is calculated at 7%, amounting to Rs 56,000, and the registration fee at 2%, which is Rs 16,000, totaling Rs 72,000.

Where is the Chengleput Joint I Sub Registrar Office located?

The Chengleput Joint I Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.