Guideline Value for M.R.L GOLDEN NAGAR

M.R.L Golden Nagar guideline value

The current guideline value of M.R.L Golden Nagar is Rs 800 per sq.ft, as per the 2023 revision. This area falls under Keerapakkam village and is registered with the Gooduvancheri SRO. The land classification for this locality is Residential Special Type - III.

How the guideline value of M.R.L Golden Nagar has changed

The guideline value for M.R.L Golden Nagar has undergone several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 800 per sq.ft, which is an increase of 49% from the 2017 revision, where the value was Rs 536 per sq.ft. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value has seen a significant increase from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023. The absence of figures in the earlier revisions indicates that the guideline value for M.R.L Golden Nagar was not recorded in those years.

Guideline values in Keerapakkam

Currently, there are no specific village figures available for Keerapakkam. M.R.L Golden Nagar is part of the Gooduvancheri SRO, which oversees the registration of properties in this area.

Stamp duty and registration fee for property in M.R.L Golden Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total to Rs 72,000. It's 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 detailed calculations.

Which Sub Registrar Office covers M.R.L Golden Nagar?

The Sub Registrar Office that covers M.R.L Golden Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

When buying or selling property in Keerapakkam, the guideline value is a critical factor during the registration process. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is essential for buyers and sellers, as it influences the overall cost of the transaction. It ensures that the property is registered at a value that reflects its worth according to government standards.

Frequently asked questions

What is the current guideline value of M.R.L Golden Nagar?

The current guideline value of M.R.L Golden Nagar is Rs 800 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value increased from Rs 536 per sq.ft in 2017 to Rs 800 per sq.ft in 2023, marking a 49% rise.

Are there any guideline value figures for the years 2002, 2003, 2007, and 2012?

No, the register has no figures for M.R.L Golden Nagar for the years 2002, 2003, 2007, and 2012.

What are the stamp duty and registration fees for a property in M.R.L Golden Nagar?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Where is the Sub Registrar Office for M.R.L Golden Nagar located?

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