Guideline Value for Guberan Nagar

Guberan Nagar guideline value

The current guideline value of Guberan Nagar is Rs 478 per sq.ft. This area is located in Thirukalukundrm B village, under the Thirukazhukundram SRO, classified as Residential Special Type - I.

How the guideline value of Guberan Nagar has changed

In the 2017 revision, the guideline value was Rs 320 per sq.ft. This figure remained unchanged in the 2023 revision, where it was also Rs 478 per sq.ft. As of the 2024 revision, the guideline value has been set at Rs 478 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value saw an increase of 49%, and overall, from 2017 to 2024, it has also increased by 49%. The consistency in the value from 2023 to 2024 shows stability in the guideline value for Guberan Nagar.

Guideline values in Thirukalukundrm B

In Thirukalukundrm B, there are seven streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 1,344 per sq.ft, with a median value of Rs 800 per sq.ft. Guberan Nagar's 2024 guideline value is below this median.

• Guberan Nagar - Phase II: Rs 700 per sq.ft (2024)
• Madhulamkuppam: Rs 400 per sq.ft (2024)
• Sri Lakshmi Township: Rs 1,250 per sq.ft (2024)
• Sri Vedhagirieswarar Nagar: Rs 800 per sq.ft (2024)
• முனுசாமி நகர்: Rs 1,344 per sq.ft (2024)
• ஸ்ரீஜுவா அவென்யூ: Rs 821 per sq.ft (2024)

Stamp duty and registration fee for property in Guberan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 478 per sq.ft, the total guideline value would be Rs 4,78,000. The stamp duty at 7% would amount to Rs 33,460, and the registration fee at 2% would be Rs 9,560, together totaling Rs 43,020. 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 Guberan Nagar?

The Sub Registrar Office that covers Guberan Nagar is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirukalukundrm B. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded at a fair value.

When a property is sold, the guideline value helps in assessing the official value of the property for tax purposes. It is essential for both buyers and sellers to be aware of this value as it impacts the overall costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Guberan Nagar?

The current guideline value of Guberan Nagar is Rs 478 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 478 per sq.ft from 2023 to 2024, and it increased by 49% from Rs 320 per sq.ft in 2017 to Rs 478 per sq.ft in 2023.

What is the classification of land in Guberan Nagar?

Guberan Nagar is classified as Residential Special Type - I, indicating its suitability for residential purposes.

What are the stamp duty rates for property in Guberan Nagar?

The stamp duty for property transactions in Guberan Nagar is 7% of the guideline value, along with a registration fee of 2%.

Where can I find the Sub Registrar Office for Guberan Nagar?

The Sub Registrar Office for Guberan Nagar is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.