Guideline Value for DIVINE MEADOWS

Divine Meadows guideline value

The current guideline value of Divine Meadows in Perunthandalam village, under the Chengleput Joint II SRO, is Rs 500 per sq.ft. This value is effective from the 2024 revision, which took place on 1 July 2024. The land classification for this area is Residential Special Type - IV.

How the guideline value of Divine Meadows has changed

In the 2023 revision, the guideline value for Divine Meadows was Rs 500 per sq.ft, and it remained unchanged in the 2024 revision, reflecting a 0% change between these two years. The register has no figures for the revisions prior to 2023, specifically for the years 2017, 2012, 2007, 2003, and 2002.

As such, the guideline value has consistently been Rs 500 per sq.ft since the 2023 revision. The lack of figures in earlier revisions indicates that the value for Divine Meadows has not been updated in the register during those years.

Guideline values in Perunthandalam

In Perunthandalam, there are 8 streets under the Chengleput Joint II SRO that have a 2024 guideline value, ranging from Rs 200 to Rs 1,350 per sq.ft. The median guideline value for these streets is Rs 374 per sq.ft, placing Divine Meadows above this median.

• Karpagammal Nagar: Rs 200 per sq.ft (2024)
• New Golden City: Rs 200 per sq.ft (2024)
• Pcr Avenue: Rs 300 per sq.ft (2024)
• Sheer Garden: Rs 200 per sq.ft (2024)
• Vijay Raja's Exurb: Rs 448 per sq.ft (2024)
• Doctors Pcr Garden: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Divine Meadows

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. 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 Divine Meadows?

The Sub Registrar Office covering Divine Meadows is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Perunthandalam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than the negotiated sale price.

When buying or selling property, the guideline value helps in determining the legal and financial obligations associated with the transaction. It is essential for buyers and sellers to be aware of the current guideline values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Divine Meadows?

The current guideline value of Divine Meadows is Rs 500 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 500 per sq.ft since the 2023 revision, with no changes noted between 2023 and 2024. There are no figures available for earlier revisions from 2017 to 2002.

What is the land classification for Divine Meadows?

The land classification for Divine Meadows is Residential Special Type - IV. This classification is important for understanding the permissible uses of the land.

What are the other streets in Perunthandalam and their guideline values?

Other streets in Perunthandalam include Karpagammal Nagar, New Golden City, Pcr Avenue, Sheer Garden, Vijay Raja's Exurb, and Doctors Pcr Garden, with guideline values ranging from Rs 200 to Rs 500 per sq.ft as of 2024.

Where can I find the Sub Registrar Office for Divine Meadows?

The Sub Registrar Office for Divine Meadows is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles the registration of property transactions in the area.