Guideline Value for MR GOLDEN HOMES

Mr Golden Homes guideline value

The current guideline value for Mr Golden Homes is Rs 2,200 per sq.ft. This property is located in Padur village, under the Thiruporur SRO, and is classified as Residential Special Type - I.

How the guideline value of Mr Golden Homes has changed

The guideline value for Mr Golden Homes has undergone several revisions over the years. In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 1,474 per sq.ft. However, the most recent revision in 2023 has restored the guideline value to Rs 2,200 per sq.ft.

When examining the changes between these revisions, there was a significant increase of 49% from 2017 to 2023. Conversely, there was a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2023, the guideline value has remained constant at Rs 2,200 per sq.ft.

Guideline values in Padur

Currently, there are no specific village figures provided for Padur. Mr Golden Homes is one of the properties under the Thiruporur SRO. Unfortunately, there are no other streets in Padur listed with their respective rates.

Stamp duty and registration fee for property in Mr Golden Homes

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty, charged at 7%, would be Rs 1,54,000, while the registration fee at 2% would be Rs 44,000. Together, these fees total Rs 1,98,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Mr Golden Homes?

The Sub Registrar Office that covers Mr Golden Homes is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, 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 Padur

When buying or selling property in Padur, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it can significantly impact the overall cost of the transaction. Understanding these values can help in planning the financial aspects of property dealings in the region.

Frequently asked questions

What is the current guideline value for Mr Golden Homes?

The current guideline value for Mr Golden Homes is Rs 2,200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, and then back to Rs 2,200 per sq.ft in 2023. This reflects a 49% increase from 2017 to 2023.

What is the land classification for Mr Golden Homes?

Mr Golden Homes is classified as Residential Special Type - I, which indicates its intended use for residential purposes.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 2,200 per sq.ft would incur a total of Rs 1,98,000 in fees.