Guideline Value

Corporate

Guideline Value for Gopi Nagar

₹220/sq.ft.

The guideline value for Gopi 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 Gopi Nagar

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Gopi Nagar guideline value

The current guideline value of Gopi Nagar, located in Perungavur village under the Redhills SRO, is Rs 220 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - I.

How the guideline value of Gopi Nagar has changed

The guideline value for Gopi Nagar has seen significant changes over the years. The earliest recorded figure in the register is from 2003, where the guideline value was Rs 11 per sq.ft. This value increased dramatically to Rs 100 per sq.ft in 2007, marking a rise of 809%. In 2012, the value was Rs 200 per sq.ft, reflecting a 100% increase from the previous revision. However, this figure dropped to Rs 134 per sq.ft in 2017, which was a decrease of 33%. The guideline value then rose to Rs 200 per sq.ft in 2023, and further increased to the current value of Rs 220 per sq.ft in 2024, reflecting a 10% increase.

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 guideline value for 2024, ranging from Rs 220 to Rs 1,500 per sq.ft. The median value for these streets is Rs 275 per sq.ft, placing Gopi Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Gopi 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 to Rs 19,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Gopi Nagar?

The Sub Registrar Office that covers Gopi 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 details.

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

The guideline value is a crucial factor in property transactions in Perungavur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the registration process. Buyers and sellers must consider this value to ensure compliance with legal requirements when transferring property ownership.

When a property is sold, the guideline value is used to calculate the applicable taxes, which can significantly impact the overall cost of the transaction. Therefore, understanding the guideline value is essential for anyone looking to buy or sell property in Gopi Nagar or the broader Perungavur area.

Frequently asked questions

What is the current guideline value of Gopi Nagar?

The current guideline value of Gopi 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, marking an overall increase of 1900% over this period.

What is the land classification for Gopi Nagar?

Gopi Nagar is classified as Residential Class III Type - I.

What are the stamp duty and registration fees for property in Gopi Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 2,20,000, with a stamp duty of Rs 15,400 and a registration fee of Rs 4,400, totaling Rs 19,800.

Which Sub Registrar Office covers Gopi Nagar?

The Redhills Sub Registrar Office covers Gopi Nagar, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.