Guideline Value for PARKHILLS - I

Parkhills - I guideline value

The current guideline value of Parkhills - I is Rs 3,433 per sq.ft. This property is located in Ponmar village, under the Gooduvancheri SRO, and is classified as Mixed Type - II.

How the guideline value of Parkhills - I has changed

The guideline value for Parkhills - I has been recorded in the 2023 revision at Rs 3,433 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002, indicating that there have been no recorded changes for this street in those years.

Since the 2023 revision, there have been no changes in the guideline value for Parkhills - I. Therefore, the current guideline value remains consistent with the previous revisions, with no fluctuations noted.

Guideline values in Ponmar

The guideline value for Parkhills - I is set at Rs 3,433 per sq.ft. Currently, there are no other streets in Ponmar under the Gooduvancheri SRO for which figures have been provided.

Stamp duty and registration fee for property in Parkhills - I

For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 34,33,000. The stamp duty at 7% would be Rs 2,40,310, and the registration fee at 2% would be Rs 68,660, bringing the total cost to Rs 3,08,970. 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 further calculations.

Which Sub Registrar Office covers Parkhills - I?

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

For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling 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 registering a property, the guideline value is considered to ensure that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers should be aware of the current guideline value to accurately assess their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Parkhills - I?

The current guideline value of Parkhills - I is Rs 3,433 per sq.ft as per the 2023 revision.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision for Parkhills - I occurring in 2023. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

What classification does Parkhills - I fall under?

Parkhills - I is classified as Mixed Type - II according to the land classification records.

Where is the Gooduvancheri Sub Registrar Office located?

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

How is stamp duty calculated for properties in Parkhills - I?

Stamp duty for properties in Parkhills - I is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value is Rs 34,33,000, leading to a stamp duty of Rs 2,40,310.