Guideline Value for DABC GARDENIA VILLA

Dabc Gardenia Villa guideline value

The current guideline value of Dabc Gardenia Villa is Rs 1,200 per sq.ft. It is located in Polacheri village under the Gooduvancheri SRO, with a land classification of Residential Special Type - II.

How the guideline value of Dabc Gardenia Villa has changed

In the 2012 revision, the guideline value was set at Rs 1,200 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 804 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the guideline value increased to Rs 1,200 per sq.ft again, reflecting a 49% increase from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained the same at Rs 1,200 per sq.ft. The register has no figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Polacheri

Currently, there are no specific village figures available for Polacheri. The Dabc Gardenia Villa guideline value is Rs 1,200 per sq.ft, and there are no other streets in Polacheri listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Dabc Gardenia Villa

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total to Rs 1,08,000. 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 information.

Which Sub Registrar Office covers Dabc Gardenia Villa?

The Dabc Gardenia Villa is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

For more details, you can find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Polacheri. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory for any property sale or purchase.

When you buy or sell property, the guideline value helps determine the official value of the property for taxation purposes. This ensures that the registration process is transparent and consistent across different properties.

Frequently asked questions

What is the current guideline value of Dabc Gardenia Villa?

The current guideline value of Dabc Gardenia Villa is Rs 1,200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has fluctuated over the years, with a decrease to Rs 804 per sq.ft in 2017 from Rs 1,200 per sq.ft in 2012, followed by an increase back to Rs 1,200 per sq.ft in 2023.

What is the land classification for Dabc Gardenia Villa?

The land classification for Dabc Gardenia Villa is Residential Special Type - II, indicating its designated use for residential purposes.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How are stamp duty and registration fees calculated for properties?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at a guideline value of Rs 1,200 per sq.ft would incur a total of Rs 1,08,000 in fees.