Guideline Value for Gubera Nagar(SF No.67/2)

Gubera Nagar(SF No.67/2) guideline value

The current guideline value for Gubera Nagar(SF No.67/2) is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Maakaanyam village under the Sriperumpudur SRO, classified as Residential Special Type - I.

How the guideline value of Gubera Nagar(SF No.67/2) has changed

The guideline value for Gubera Nagar has undergone several revisions over the years. In 2012, the guideline value was Rs 300 per sq.ft. This remained unchanged until the 2017 revision, which saw a decrease to Rs 201 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 300 per sq.ft. The 2024 revision has maintained this value, resulting in no change from the previous year.

It is important to note that the register has no figures for Gubera Nagar for the years 2002, 2003, and 2007. The overall change from the 2012 revision to the 2024 revision is 0%, indicating stability in the guideline value over this period.

Guideline values in Maakaanyam

In Maakaanyam village, there are 41 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 100 to Rs 600 per sq.ft. The median value for these streets is Rs 250 per sq.ft, placing Gubera Nagar(SF No.67/2) above this median at Rs 300 per sq.ft.

• Grama Main Road: Rs 200 per sq.ft (2024)
• Harshitha Avenue: Rs 150 per sq.ft (2024)
• Gokulam Nagar: Rs 200 per sq.ft (2024)
• Ganesh Nagar: Rs 500 per sq.ft (2024)
• Kalayana Perumal Nagar Extension: Rs 400 per sq.ft (2024)
• Kallazhagar city: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Gubera Nagar(SF No.67/2)

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is essential to note that the 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 accurate calculations.

Which Sub Registrar Office covers Gubera Nagar(SF No.67/2)?

The Sub Registrar Office that covers Gubera Nagar(SF No.67/2) is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Maakaanyam. It is used to determine the stamp duty and registration fees applicable during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with the legal requirements.

When registering a property, the guideline value is considered alongside the sale price. The higher of the two will be used to calculate the applicable fees, ensuring that all transactions are conducted fairly and transparently.

Frequently asked questions

What is the current guideline value of Gubera Nagar(SF No.67/2)?

The current guideline value of Gubera Nagar(SF No.67/2) is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the most recent being Rs 300 per sq.ft in both 2023 and 2024. The value was Rs 201 per sq.ft in 2017 and Rs 300 per sq.ft in 2012.

What is the land classification of Gubera Nagar(SF No.67/2)?

Gubera Nagar(SF No.67/2) is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the registration office for Gubera Nagar(SF No.67/2)?

The registration office for Gubera Nagar(SF No.67/2) is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Gubera Nagar(SF No.67/2)?

Stamp duty for properties in Gubera Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.