Guideline Value for Guberapattinam

Guberapattinam guideline value

The current guideline value of Guberapattinam, located in Atanancheri village under the Gooduvancheri SRO, is Rs 700 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - II.

How the guideline value of Guberapattinam has changed

The guideline value for Guberapattinam has seen several revisions over the years. The 2012 revision set the value at Rs 700 per sq.ft, which remained unchanged until the 2023 revision. The 2017 revision recorded a lower value of Rs 469 per sq.ft, marking a decrease of 33% from the previous figure. Following this, the value increased by 49% to Rs 700 per sq.ft in the 2023 revision, and it has remained the same in the 2024 revision, reflecting no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 700 per sq.ft.

Guideline values in Atanancheri

Atanancheri village has 83 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median value for these streets is Rs 700 per sq.ft, which is equal to the current guideline value for Guberapattinam.

• Gangai Amman Nagar: Rs 600 per sq.ft (2024)
• I.T. Nagar (A) Aishwarya Nagar: Rs 700 per sq.ft (2024)
• Jayam Nagar: Rs 700 per sq.ft (2024)
• Ganapathi Nagar: Rs 700 per sq.ft (2024)
• Kalaivani Nagar: Rs 800 per sq.ft (2024)
• Durga Nagar Part - II: Rs 1,050 per sq.ft (2024)

Stamp duty and registration fee for property in Guberapattinam

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total fees together to Rs 63,000. It is important 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 more details.

Which Sub Registrar Office covers Guberapattinam?

The Sub Registrar Office covering Guberapattinam is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial reference for determining the minimum value of property transactions in Atanancheri. When buying or selling property, this value is used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

Frequently asked questions

What is the current guideline value of Guberapattinam?

The current guideline value of Guberapattinam is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then back to Rs 700 per sq.ft in 2023 and 2024. There are no figures for the years 2002, 2003, and 2007.

What is the land classification for Guberapattinam?

The land classification for Guberapattinam is Residential Special Type - II, indicating its designated use for residential purposes.

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

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Guberapattinam located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.