Guideline Value for PALMERA

Palmera guideline value

The current guideline value of Palmera, located in Ponmar village under the Gooduvancheri SRO, is Rs 2,500 per sq.ft. This value was established in the 2023 revision. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Palmera has changed

Looking at the revisions, there have been no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Palmera. The most recent revision in 2023 set the guideline value at Rs 2,500 per sq.ft, which remains unchanged from previous years.

As of now, there is no published guideline value for the year 2024. The 2023 revision is the only figure available for this street.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. The guideline value for Palmera is Rs 2,500 per sq.ft. There are no other streets in Ponmar under the Gooduvancheri SRO listed at this time.

Stamp duty and registration fee for property in Palmera

For a 1,000 sq.ft plot at the current rate of Rs 2,500 per sq.ft, the guideline value would be Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, making the total charges Rs 2,25,000. 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 Palmera?

The Gooduvancheri Sub Registrar Office covers Palmera. The address is Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an important aspect when registering a property in Ponmar. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is bought or sold, the guideline value is compared with the sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring that the appropriate amounts are collected by the authorities.

Frequently asked questions

What is the current guideline value of Palmera?

The current guideline value of Palmera is Rs 2,500 per sq.ft, as per the 2023 revision.

Have there been any changes in the guideline value for Palmera?

No changes have been recorded in the guideline value for Palmera since the 2023 revision, which remains at Rs 2,500 per sq.ft.

What is the registration office for Palmera?

The registration office covering Palmera is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for property in Palmera?

Stamp duty for property in Palmera is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 25,00,000 would incur a stamp duty of Rs 1,75,000 at 7%.

Are there other streets in Ponmar with guideline values?

Currently, there are no other streets in Ponmar listed under the Gooduvancheri SRO with available guideline values.