Guideline Value for Ceebros Garden City

Ceebros Garden City guideline value

The current guideline value of Ceebros Garden City is Rs 1,733 per sq.ft, effective from 1 July 2024. This property is located in Chengalpattu Natham village, under the Chengleput Joint II SRO, and has a land classification of Mixed Type - III.

How the guideline value of Ceebros Garden City has changed

The guideline value for Ceebros Garden City has undergone several revisions over the years. In the 2017 revision, the guideline value was Rs 1,575 per sq.ft, which remained unchanged through the 2023 revision. The 2024 revision saw an increase to Rs 1,733 per sq.ft, marking a 10% rise from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 10%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Chengalpattu Natham

In Chengalpattu Natham, there are 88 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Ceebros Garden City's current guideline value below this median.

• Cement Gst Salai: Rs 4,400 per sq.ft (2024)
• Chinnamman Kovil Street: Rs 3,300 per sq.ft (2024)
• Chinna Rathinam Street: Rs 2,200 per sq.ft (2024)
• Chunnambukara Street-4: Rs 2,200 per sq.ft (2024)
• Court Compound Ward-1: Rs 2,200 per sq.ft (2024)
• Desigar Koil Sannathi Ward-2: Rs 3,520 per sq.ft (2024)

Stamp duty and registration fee for property in Ceebros Garden City

For a 1,000 sq.ft plot at the current guideline value of Rs 1,733 per sq.ft, the total guideline value amounts to Rs 17,33,000. The stamp duty at 7% would be Rs 1,21,310, and the registration fee at 2% would be Rs 34,660, bringing the total fees to Rs 1,55,970. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ceebros Garden City?

The Sub Registrar Office that covers Ceebros Garden City is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Chengalpattu Natham. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the sale or purchase of a property.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded accurately, reflecting the official value set by the government. This process is essential for maintaining transparency and legality in property dealings.

Frequently asked questions

What is the current guideline value of Ceebros Garden City?

The current guideline value of Ceebros Garden City is Rs 1,733 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has remained at Rs 1,575 per sq.ft until the 2024 revision, which increased it to Rs 1,733 per sq.ft. This reflects a 10% increase from the previous year.

What is the land classification of Ceebros Garden City?

Ceebros Garden City has a land classification of Mixed Type - III, which indicates the type of development permissible in the area.

Where can I find the registration office for Ceebros Garden City?

The registration office for Ceebros Garden City is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It serves as a benchmark for these fees, ensuring that the transaction is recorded at an official value set by the government.