Guideline Value for Winneer Form

Winneer Form guideline value

The current guideline value of Winneer Form, located in Atanancheri village under the Gooduvancheri SRO, is Rs 800 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Residential Special Type - III.

How the guideline value of Winneer Form has changed

The guideline value for Winneer Form has seen several revisions over the years. In 2007, the guideline value was Rs 160 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012, marking a 400% increase. However, it then decreased to Rs 536 per sq.ft in 2017, reflecting a decline of 33%. Following this, the value remained at Rs 800 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years. The register has no figures for the years 2002 and 2003 for this street.

Overall, from 2007 to 2024, the guideline value has increased by 400%, showcasing a significant rise since the initial value in 2007. The changes between the revisions highlight the fluctuations in the guideline value over the years, with the most recent figures indicating stability in the last two revisions.

Guideline values in Atanancheri

Atanancheri village comprises 83 streets under the Gooduvancheri SRO, with the 2024 guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Winneer Form's current guideline value above this median.

• Walajabad Road: Rs 2,500 per sq.ft (2024)
• V.S.Nagar Part -II: Rs 1,500 per sq.ft (2024)
• Vimal Nagar: Rs 600 per sq.ft (2024)
• Vigneshwara Nagar: Rs 600 per sq.ft (2024)
• Vedhadri Maharishi Nagar: Rs 600 per sq.ft (2024)
• Vasantha Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Winneer Form

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, resulting in a total of Rs 72,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Winneer Form?

The Sub Registrar Office that covers Winneer Form 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 more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Atanancheri. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is considered to ensure that the transaction reflects the legal and financial obligations associated with the property. Buyers and sellers should be aware of the current guideline value to understand their financial responsibilities during the registration process.

Frequently asked questions

What is the current guideline value of Winneer Form?

The current guideline value of Winneer Form is Rs 800 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 160 per sq.ft in 2007 to Rs 800 per sq.ft in 2012, then decreased to Rs 536 per sq.ft in 2017, and returned to Rs 800 per sq.ft in 2023 and 2024.

What are the other streets in Atanancheri with their guideline values?

Other streets in Atanancheri include Walajabad Road at Rs 2,500 per sq.ft, V.S.Nagar Part -II at Rs 1,500 per sq.ft, and several streets like Vimal Nagar, Vigneshwara Nagar, Vedhadri Maharishi Nagar, and Vasantha Nagar, all at Rs 600 per sq.ft in 2024.

Where is the Gooduvancheri Sub Registrar Office located?

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 on properties in Winneer Form?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at Rs 800 per sq.ft would have a guideline value of Rs 8,00,000, leading to a stamp duty of Rs 56,000 at 7%.