Guideline Value for DEEPIKA GARDAN

Deepika Gardan guideline value

The current guideline value of Deepika Gardan is Rs 553 per sq.ft. This street is located in Orikkai village, under the Kanchipuram Joint IV SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Deepika Gardan has changed

According to the guideline value register, the revisions for Deepika Gardan show that there is no figure available for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 553 per sq.ft.

As there are no changes between the revisions listed, the only available figure for Deepika Gardan remains the 2023 value of Rs 553 per sq.ft.

Guideline values in Orikkai

In Orikkai, there are 12 streets under the Kanchipuram Joint IV SRO that carry a 2024 figure, ranging from Rs 800 to Rs 1,500 per sq.ft, with a median of Rs 975 per sq.ft. Deepika Gardan's guideline value of Rs 553 per sq.ft is below this range.

• Jayamala Kumar Avenue: Rs 910 per sq.ft (2024)
• Kanchi Gardan: Rs 1,099 per sq.ft (2024)
• K.M.Avenue: Rs 1,110 per sq.ft (2024)
• Krishnan Nagar: Rs 800 per sq.ft (2024)
• Sai Enclave: Rs 825 per sq.ft (2024)
• Sri Lakshmi Vaikundavalli Nagar: Rs 975 per sq.ft (2024)

Stamp duty and registration fee for property in Deepika Gardan

For a 1,000 sq.ft plot at the current guideline value of Rs 553 per sq.ft, the total guideline value would be Rs 5,53,000. The stamp duty at 7% would amount to Rs 38,710, and the registration fee at 2% would be Rs 11,060. Together, the total charges would be Rs 49,770. It is important to note that 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 accurate calculations based on your specific property details.

Which Sub Registrar Office covers Deepika Gardan?

The Sub Registrar Office that covers Deepika Gardan is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Orikkai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the buyer and seller must consider the guideline value to ensure compliance with the regulations set by the Registration Department. This value helps in establishing a fair basis for the transaction and ensures that all legal requirements are met.

Frequently asked questions

What is the current guideline value of Deepika Gardan?

The current guideline value of Deepika Gardan is Rs 553 per sq.ft, as per the 2023 revision.

How often is the guideline value revised?

The guideline value is revised periodically, with the most recent revision for Deepika Gardan occurring in 2023. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Deepika Gardan?

Deepika Gardan is classified as Residential Special Type - II, which indicates its designated use for residential purposes.

How is stamp duty calculated for properties in Deepika Gardan?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot valued at Rs 5,53,000, the stamp duty would be Rs 38,710 at 7%.

Where can I find the Sub Registrar Office for Deepika Gardan?

The Kanchipuram Joint IV Sub Registrar Office covers Deepika Gardan and is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.