Guideline Value for C.R.Garden

C.R.Garden guideline value

The current guideline value of C.R.Garden is Rs 2,475 per sq.ft, effective from 1 July 2024. This area falls under Thirumazhisai village and is classified as Residential Class I Type - V, governed by the Poonamallee SRO.

How the guideline value of C.R.Garden has changed

The guideline value for C.R.Garden has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,475 per sq.ft, an increase of 10% from the 2023 revision, which was Rs 2,250 per sq.ft. Prior to 2023, the register has no figure for this street in the revisions of 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has increased from Rs 2,250 per sq.ft in 2023 to Rs 2,475 per sq.ft in 2024. The previous revisions lack specific figures for C.R.Garden, indicating that the street has not been evaluated in those years.

Guideline values in Thirumazhisai

In Thirumazhisai, there are 86 streets under the Poonamallee SRO, with guideline values ranging from Rs 730 to Rs 3,500 per sq.ft. The median guideline value for these streets is Rs 1,320 per sq.ft, placing C.R.Garden's 2024 figure above this median.

• choice Golden paradise: Rs 1,320 per sq.ft (2024)
• Chakarapani Mudali Nagar: Rs 1,320 per sq.ft (2024)
• Bharathi nagar vistharippu: Rs 1,100 per sq.ft (2024)
• Ellappan Nagar: Rs 1,320 per sq.ft (2024)
• Elumalai Mudaliar Street: Rs 1,320 per sq.ft (2024)
• Elumalai Mudhaliyar Nagar: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in C.R.Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,475 per sq.ft, the total guideline value amounts to Rs 24,75,000. The stamp duty at 7% would be Rs 1,73,250, and the registration fee at 2% would be Rs 49,500, bringing the total cost together to Rs 2,22,750. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers C.R.Garden?

The Sub Registrar Office that covers C.R.Garden is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056. For more details, you can find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Thirumazhisai. It is used to determine the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded at a fair value. This helps in maintaining transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of C.R.Garden?

The current guideline value of C.R.Garden is Rs 2,475 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,250 per sq.ft in 2023 to Rs 2,475 per sq.ft in 2024. There are no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value of streets in Thirumazhisai?

The median guideline value for the 86 streets in Thirumazhisai is Rs 1,320 per sq.ft. C.R.Garden's 2024 guideline value is above this median.

What are the stamp duty and registration fees for a property in C.R.Garden?

For a property valued at Rs 24,75,000, the stamp duty would be Rs 1,73,250 and the registration fee would be Rs 49,500, totaling Rs 2,22,750.

Which office handles property registrations for C.R.Garden?

The Poonamallee Sub Registrar Office handles property registrations for C.R.Garden, located at No.332 U + 9cc Malma Nagar Poonamallee Chennai - 600056.