Guideline Value for CASAGRAND TRANQUIL

Casagrand Tranquil guideline value

The current guideline value of Casagrand Tranquil is Rs 4,300 per sq.ft, effective from 1 July 2024. This property is located in Jelandianpettai village under the Chennai South Joint I SRO, with a land classification of Commercial Special Type - III.

How the guideline value of Casagrand Tranquil has changed

In the 2023 revision, the guideline value for Casagrand Tranquil was Rs 4,300 per sq.ft. The same figure was maintained in the 2024 revision, indicating no change between these two years. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

Thus, the guideline value has remained consistent at Rs 4,300 per sq.ft from 2023 to 2024, showing a change of +0% during this period.

Guideline values in Jelandianpettai

In Jelandianpettai, there are 248 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 7,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Casagrand Tranquil is above this median.

• Cheran Street: Rs 2,200 per sq.ft (2024)
• Bharathiyar Street: Rs 2,200 per sq.ft (2024)
• Bharathiyar Salai: Rs 2,200 per sq.ft (2024)
• Chozhan Street: Rs 2,200 per sq.ft (2024)
• Bharathidasan Street: Rs 2,200 per sq.ft (2024)
• Bhagavathsingh Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Casagrand Tranquil

For a 1,000 sq.ft plot at the current guideline value of Rs 4,300 per sq.ft, the total guideline value would be Rs 43,00,000. The stamp duty at 7% would amount to Rs 3,01,000, and the registration fee at 2% would be Rs 86,000, bringing the total to Rs 3,87,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Casagrand Tranquil?

The Sub Registrar Office that covers Casagrand Tranquil is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value is crucial during property transactions in Jelandianpettai, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When a property is sold, the registration office uses the guideline value to calculate stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Casagrand Tranquil?

The current guideline value of Casagrand Tranquil is Rs 4,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 4,300 per sq.ft for both the 2023 and 2024 revisions, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Jelandianpettai?

Other streets in Jelandianpettai include Cheran Street, Bharathiyar Street, Bharathiyar Salai, Chozhan Street, Bharathidasan Street, and Bhagavathsingh Street, all of which have a guideline value of Rs 2,200 per sq.ft for 2024.

What is the stamp duty for property in Casagrand Tranquil?

The stamp duty for a property in Casagrand Tranquil is calculated at 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 43,00,000, the stamp duty would be Rs 3,01,000.

Where can I find the Sub Registrar Office for Casagrand Tranquil?

The Sub Registrar Office for Casagrand Tranquil is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.