Guideline Value for CHITRA GARDEN

Chitra Garden guideline value

The current guideline value of Chitra Garden, located in Chinnareddykandigai village under the Gummidipoondi SRO, is Rs 130 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Chitra Garden has changed

According to the guideline value register, there are no figures available for Chitra Garden for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision recorded a guideline value of Rs 130 per sq.ft, which remained unchanged in the 2024 revision.

From the 2023 revision to the 2024 revision, there was a change of +0%. The guideline value has consistently been Rs 130 per sq.ft for both the 2023 and 2024 revisions.

Guideline values in Chinnareddykandigai

Currently, there are no specific village figures provided for Chinnareddykandigai. Chitra Garden is the only street listed under the Gummidipoondi SRO.

Stamp duty and registration fee for property in Chitra Garden

For a 1,000 sq.ft plot at the current rate of Rs 130 per sq.ft, the guideline value amounts to Rs 1,30,000. The stamp duty at 7% would be Rs 9,100, and the registration fee at 2% would be Rs 2,600, resulting in a total of Rs 11,700. Please note that the 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 Chitra Garden?

The Gummidipoondi Sub Registrar Office covers Chitra Garden. The office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Chinnareddykandigai. It is used to determine the applicable stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property in this area, it is essential to be aware of the current guideline value to ensure compliance with local regulations. The guideline value serves as a benchmark for property transactions, helping to standardize the registration process.

Frequently asked questions

What is the current guideline value of Chitra Garden?

The current guideline value of Chitra Garden is Rs 130 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Chitra Garden has remained Rs 130 per sq.ft for the years 2023 and 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Chitra Garden?

The land classification for Chitra Garden is Residential Special Type - I. This classification is important for understanding the zoning and usage of the property.

How is stamp duty calculated for properties in Chitra Garden?

Stamp duty for properties in Chitra Garden is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 9,100.

Where is the Gummidipoondi Sub Registrar Office located?

The Gummidipoondi Sub Registrar Office is located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. This office handles the registration of properties in the area.