Guideline Value for S.I.S GOLDEN GATE SECTOR III

S.I.S Golden Gate Sector III guideline value

The current guideline value of S.I.S Golden Gate Sector III is Rs 1,350 per sq.ft, effective from 1 July 2024. This property is located in Vilagam village under the Walajabad Sub Registrar Office and is classified as Residential Special Type - II.

How the guideline value of S.I.S Golden Gate Sector III has changed

According to the register, there have been no recorded figures for S.I.S Golden Gate Sector III in the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that the guideline value has remained constant at Rs 1,350 per sq.ft for both the 2023 and 2024 revisions, indicating a change of +0% between these two years.

The 2024 revision, effective from 1 July 2024, maintains the same guideline value of Rs 1,350 per sq.ft as set in the previous year, 2023. This consistency reflects stability in the valuation for this property sector.

Guideline values in Vilagam

In Vilagam, S.I.S Golden Gate Sector III has a guideline value of Rs 1,350 per sq.ft. Other streets in Vilagam under the Walajabad SRO include:

• S.I.S Golden Gate Sector-IV: Rs 1,850 per sq.ft (2024)

Stamp duty and registration fee for property in S.I.S Golden Gate Sector III

For a 1,000 sq.ft plot at the current rate of Rs 1,350 per sq.ft, the guideline value amounts to Rs 13,50,000. The stamp duty at 7% would be Rs 94,500, and the registration fee at 2% would be Rs 27,000, totaling Rs 1,21,500. 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 S.I.S Golden Gate Sector III?

The S.I.S Golden Gate Sector III is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Vilagam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, both the buyer and seller must consider the guideline value as it directly impacts the financial obligations during the registration process. This value serves as a benchmark for assessing the transaction price and ensures transparency in property dealings.

Frequently asked questions

What is the current guideline value of S.I.S Golden Gate Sector III?

The current guideline value of S.I.S Golden Gate Sector III is Rs 1,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,350 per sq.ft for both the 2023 and 2024 revisions. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for a property in S.I.S Golden Gate Sector III?

For a 1,000 sq.ft plot, the guideline value is Rs 13,50,000. The stamp duty would be Rs 94,500, and the registration fee would be Rs 27,000, totaling Rs 1,21,500.

Where is the Walajabad Sub Registrar Office located?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

How is the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register. It serves as a standard for property transactions within the designated areas.