Guideline Value for SM GOLDEN NAGAR

Sm Golden Nagar guideline value

The current guideline value of Sm Golden Nagar is Rs 1,000 per sq.ft, as per the 2023 revision. This street is located in Murugamangalam village under the Gooduvancheri Sub Registrar Office, classified as Residential Special Type - II.

How the guideline value of Sm Golden Nagar has changed

Over the years, the guideline value of Sm Golden Nagar has experienced significant changes. The 2017 revision set the guideline value at Rs 670 per sq.ft. Following this, the 2023 revision saw an increase of 49%, bringing the current guideline value to Rs 1,000 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only registered values are from the 2017 and 2023 revisions.

Guideline values in Murugamangalam

Currently, there are no specific guideline values provided for other streets in Murugamangalam. Sm Golden Nagar stands out with its current guideline value of Rs 1,000 per sq.ft.

Stamp duty and registration fee for property in Sm Golden Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is essential to understand that 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 detailed calculations.

Which Sub Registrar Office covers Sm Golden Nagar?

The Sm Golden Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration of property transactions in Murugamangalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property dealings.

When a property is bought or sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This process helps in maintaining a standardized approach to property valuation in the region.

Frequently asked questions

What is the current guideline value of Sm Golden Nagar?

The current guideline value of Sm Golden Nagar is Rs 1,000 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 670 per sq.ft to Rs 1,000 per sq.ft, marking a change of 49%.

Are there any guideline values for Sm Golden Nagar in previous revisions?

There are no guideline values available for Sm Golden Nagar in the revisions for the years 2002, 2003, 2007, 2012, and 2024.

What are the stamp duty and registration fees for a property in Sm Golden Nagar?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which office handles registrations for Sm Golden Nagar?

The Gooduvancheri Sub Registrar Office handles registrations for Sm Golden Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.