Guideline Value

Corporate

Guideline Value for Gomathi Amman Nagar

₹220/sq.ft.

The guideline value for Gomathi Amman Nagar in Perungavur village (Redhills SRO, Chennai zone) is Rs 220 per sq.ft, effective 1 July 2024. It was Rs 200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perungavur

Village

Redhills

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹220 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹100 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹11 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Gomathi Amman Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Gomathi Amman Nagar guideline value

The current guideline value of Gomathi Amman Nagar is Rs 220 per sq.ft, effective from 1 July 2024. This area is located in Perungavur village, under the Redhills Sub Registrar Office (SRO). The land classification for this street is Residential Class III Type - I.

How the guideline value of Gomathi Amman Nagar has changed

The guideline value for Gomathi Amman Nagar has undergone several revisions over the years. In 2003, the value was Rs 11 per sq.ft, which increased significantly to Rs 100 per sq.ft in 2007. Following that, the value rose to Rs 200 per sq.ft in 2012, before experiencing a decrease to Rs 134 per sq.ft in 2017. The latest revision in 2023 set the value at Rs 200 per sq.ft, and it has now increased to Rs 220 per sq.ft in 2024, marking a 10% rise from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 1900%. The register has no figure for the year 2002 for this street.

Guideline values in Perungavur

In Perungavur, there are 79 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 220 to Rs 1,500 per sq.ft, with a median value of Rs 275 per sq.ft. Gomathi Amman Nagar's 2024 figure is below this median.

Stamp duty and registration fee for property in Gomathi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 220 per sq.ft, the total guideline value amounts to Rs 2,20,000. The stamp duty at 7% would be Rs 15,400, and the registration fee at 2% would be Rs 4,400, bringing the total fees together to Rs 19,800. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Gomathi Amman Nagar?

The Sub Registrar Office that covers Gomathi Amman Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Perungavur. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the buyer must pay stamp duty based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate fees based on the property’s assessed value.

Frequently asked questions

What is the current guideline value of Gomathi Amman Nagar?

The current guideline value of Gomathi Amman Nagar is Rs 220 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 11 per sq.ft in 2003 to Rs 220 per sq.ft in 2024, with several revisions in between, including Rs 100 in 2007 and Rs 200 in 2012 and 2023.

What is the registration office for Gomathi Amman Nagar?

The registration office for Gomathi Amman Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated for properties in Gomathi Amman Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at Rs 220 per sq.ft has a total guideline value of Rs 2,20,000, leading to a stamp duty of Rs 15,400.

Are there other streets with the same guideline value in Perungavur?

Yes, there are several other streets in Perungavur with the same guideline value of Rs 220 per sq.ft, including Gomathi Amman Nagar Annex - 1, Golden Nagar, and others.