Guideline Value for Bavisha Gardens

Bavisha Gardens guideline value

The current guideline value of Bavisha Gardens in Paandoor village, under the Thiruporur SRO, is Rs 1,493 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Mixed Type - I.

How the guideline value of Bavisha Gardens has changed

The guideline value of Bavisha Gardens has remained consistent over the recent revisions. In the 2023 revision, the guideline value was Rs 1,493 per sq.ft, and this figure has not changed in the 2024 revision, reflecting a 0% increase.

Prior to the 2023 revision, the register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. Therefore, the guideline value for Bavisha Gardens has been stable at Rs 1,493 per sq.ft since at least 2023.

Guideline values in Paandoor

In Paandoor village, there are 35 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 450 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,493 per sq.ft, which is equal to the guideline value of Bavisha Gardens.

• Arul Murugan Nagar: Rs 450 per sq.ft (2024)
• Cosmo City: Rs 1,614 per sq.ft (2024)
• Dr. Apj Abdul Kalam Nagar: Rs 805 per sq.ft (2024)
• Amar Garden Phase I: Rs 2,000 per sq.ft (2024)
• Gmr Avenue: Rs 600 per sq.ft (2024)
• Jai Avenue: Rs 1,493 per sq.ft (2024)

Stamp duty and registration fee for property in Bavisha Gardens

For a 1,000 sq.ft plot at the current guideline value of Rs 1,493 per sq.ft, the total guideline value would be Rs 14,93,000. The stamp duty at 7% would amount to Rs 1,04,510, and the registration fee at 2% would be Rs 29,860, making the total fees together Rs 1,34,370. It is important to note 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 details.

Which Sub Registrar Office covers Bavisha Gardens?

The Sub Registrar Office that covers Bavisha Gardens is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Paandoor, as it determines the baseline for stamp duty and registration fees. When buying or selling property, the guideline value is used to assess the applicable charges, ensuring compliance with local regulations.

It is essential for buyers and sellers to be aware of the guideline value to avoid any discrepancies during the registration process. Understanding the guideline value helps in planning for the financial aspects of property transactions effectively.

Frequently asked questions

What is the current guideline value of Bavisha Gardens?

The current guideline value of Bavisha Gardens is Rs 1,493 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 1,493 per sq.ft since the 2023 revision, with no figures available for previous revisions from 2002 to 2017.

What is the land classification for Bavisha Gardens?

The land classification for Bavisha Gardens is Mixed Type - I, which indicates the type of development permissible in the area.

Where can I find the Thiruporur Sub Registrar Office?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Bavisha Gardens?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 1,493 per sq.ft, the total stamp duty would be Rs 1,04,510.