Guideline Value for PRISTINE

Pristine guideline value

The current guideline value of Pristine in Ponmar village is Rs 2,000 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri SRO and is classified as Mixed Type - I land.

How the guideline value of Pristine has changed

The guideline value for Pristine has seen several revisions over the years. In the 2012 revision, the value was set at Rs 2,000 per sq.ft. However, in the 2017 revision, it dropped to Rs 1,340 per sq.ft, marking a decrease of 33%. The most recent 2023 revision brought the value back up to Rs 2,000 per sq.ft, which is a 49% increase from 2017.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained unchanged at Rs 2,000 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Ponmar

Currently, there are no specific village figures provided for Ponmar. The guideline value for Pristine is Rs 2,000 per sq.ft. There are no other streets in Ponmar under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Pristine

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value would be Rs 20,00,000. The stamp duty at 7% would amount to Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total cost for these fees to Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Pristine?

The Sub Registrar Office that covers Pristine is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for additional information.

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

The guideline value is a crucial factor during the registration of property transactions in Ponmar. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property in the area.

When a property is sold, the guideline value or the sale price, whichever is higher, is used to calculate the applicable duties. This ensures that the fees collected reflect the true value of the transaction.

Frequently asked questions

What is the current guideline value of Pristine?

The current guideline value of Pristine is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017 and then back to Rs 2,000 per sq.ft in 2023.

Where can I find the Gooduvancheri Sub Registrar Office?

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

How is stamp duty calculated in Pristine?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 20,00,000 would incur a stamp duty of Rs 1,40,000 at a rate of 7%.

Are there other streets in Ponmar with guideline values?

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