Guideline Value

Corporate

Guideline Value for Chandra Garden

₹550/sq.ft.

The guideline value for Chandra Garden in Naduveerapattu village (Padappai SRO, Chennai zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Naduveerapattu

Village

Padappai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Chandra Garden

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Chandra Garden guideline value

The current guideline value of Chandra Garden, located in Naduveerapattu village under the Padappai SRO, is Rs 550 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Chandra Garden has changed

Over the years, the guideline value of Chandra Garden has seen several revisions. The oldest recorded revision is from 2012, where the value was Rs 500 per sq.ft. This was followed by a decrease to Rs 335 per sq.ft in 2017, which then increased to Rs 500 per sq.ft in 2023. The most recent revision in 2024 has set the value at Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

From 2012 to 2017, there was a notable decrease of 33%, but from 2017 to 2023, the value surged by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Naduveerapattu

Naduveerapattu village has 96 streets under the Padappai SRO, with the 2024 guideline values ranging from Rs 330 to Rs 2,500 per sq.ft. The median value is Rs 660 per sq.ft, placing Chandra Garden's 2024 figure below this median.

Stamp duty and registration fee for property in Chandra Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total charges to Rs 49,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Chandra Garden?

The Sub Registrar Office that covers Chandra Garden is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Naduveerapattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these fees are calculated based on a standardized value rather than the negotiated sale price.

When a transaction occurs, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions while providing a clear framework for buyers and sellers.

Frequently asked questions

What is the current guideline value of Chandra Garden?

The current guideline value of Chandra Garden is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What are the guideline values for other streets in Naduveerapattu?

Other streets in Naduveerapattu have varying guideline values, with rates ranging from Rs 330 to Rs 2,500 per sq.ft. For example, Darcost Vinnarasi Street is valued at Rs 660 per sq.ft, while Darshan Garden is at Rs 1,640 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Chandra Garden?

For a property valued at Rs 5,50,000 in Chandra Garden, the stamp duty would be Rs 38,500 and the registration fee would be Rs 11,000, totaling Rs 49,500.

Where is the Sub Registrar Office for Chandra Garden located?

The Padappai Sub Registrar Office covers Chandra Garden and is located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.