Guideline Value for A.S GARDEN

A.S Garden guideline value

The current guideline value of A.S Garden is Rs 1,300 per sq.ft as per the 2023 revision. This area is located in Vengadamangalam village and falls under the Gooduvancheri SRO. The land classification for this street is Mixed Special Type - III.

How the guideline value of A.S Garden has changed

The guideline value for A.S Garden has remained stable at Rs 1,300 per sq.ft since the 2017 revision. The 2017 revision also recorded the same value of Rs 1,300 per sq.ft, indicating no change over the six-year period.

For the years 2002, 2003, 2007, 2012, and 2024, the register has no figure for this street, which means there have been no documented changes in the guideline value during those revisions.

Guideline values in Vengadamangalam

Currently, there are no specific guideline values provided for other streets in Vengadamangalam. A.S Garden is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in A.S Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total to Rs 1,17,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.S Garden?

The A.S Garden area is covered by 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 Vengadamangalam

When buying or selling property in Vengadamangalam, the guideline value is a crucial factor that determines the stamp duty and registration fees payable. The guideline value serves as a reference point for property transactions, ensuring that the fees are calculated based on a standardized valuation.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. The guideline value helps in establishing a fair basis for the transaction and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of A.S Garden?

The current guideline value of A.S Garden is Rs 1,300 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,300 per sq.ft since the 2017 revision. There have been no changes recorded in the previous revisions for this street.

What is the land classification for A.S Garden?

The land classification for A.S Garden is Mixed Special Type - III, which indicates its intended use and zoning regulations.

Where is the Gooduvancheri SRO 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 for properties in A.S Garden?

Stamp duty is calculated at 7% on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 13,00,000, the stamp duty would amount to Rs 91,000.