Guideline Value for CHENDUR GARDEN

Chendur Garden guideline value

The current guideline value of Chendur Garden is Rs 1,650 per sq.ft, effective from 1 July 2024. This property is located in Kannampalayam village, under the Kunrathur SRO, and is classified as Residential Special Type - V.

How the guideline value of Chendur Garden has changed

The guideline value for Chendur Garden has seen significant changes over the years. The 2017 revision set the value at Rs 1,000 per sq.ft. With the latest 2024 revision, the value increased to Rs 1,650 per sq.ft, marking a change of +65% from the previous figure.

There are no figures available for the years 2023, 2012, 2007, 2003, and 2002 for this street. The only revisions recorded are for 2017 and 2024.

Guideline values in Kannampalayam

Kannampalayam village has a total of 75 streets under the Kunrathur SRO that carry a 2024 guideline value. The values range from Rs 765 to Rs 4,000 per sq.ft, with a median value of Rs 1,375 per sq.ft. Chendur Garden's 2024 guideline value of Rs 1,650 per sq.ft is above this median.

• Blossom Rich: Rs 1,376 per sq.ft (2024)
• Bharathi Nagar Extention: Rs 880 per sq.ft (2024)
• Bharathi Gardan: Rs 880 per sq.ft (2024)
• Emarald Park: Rs 765 per sq.ft (2024)
• Ganathiya Villa Sri Ambal Vijayalakshmi Nagar: Rs 2,460 per sq.ft (2024)
• Athiya Villa "sri Ambal Garden": Rs 2,955 per sq.ft (2024)

Stamp duty and registration fee for property in Chendur Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. It is important to note that the 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 Chendur Garden?

The Sub Registrar Office that covers Chendur Garden is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Kannampalayam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for the transaction price. If the sale price exceeds the guideline value, the stamp duty is calculated based on the sale price. Conversely, if the sale price is lower, the duty is applied to the guideline value.

Frequently asked questions

What is the current guideline value of Chendur Garden?

The current guideline value of Chendur Garden is Rs 1,650 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value changed from Rs 1,000 per sq.ft in 2017 to Rs 1,650 per sq.ft in 2024, reflecting an increase of +65%.

What are the guideline values for other streets in Kannampalayam?

Other streets in Kannampalayam have varying guideline values, ranging from Rs 765 to Rs 4,000 per sq.ft. For example, Blossom Rich is valued at Rs 1,376 per sq.ft, while Ganathiya Villa Sri Ambal Vijayalakshmi Nagar is valued at Rs 2,460 per sq.ft.

What fees are associated with buying property in Chendur Garden?

When purchasing property in Chendur Garden, buyers should expect to pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Chendur Garden?

The Sub Registrar Office for Chendur Garden is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information online.