Guideline Value for DOCTER SUNDARAVELU GARDEN

Docter Sundaravelu Garden guideline value

The current guideline value of Docter Sundaravelu Garden is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Puthuper village, under the Sriperumpudur SRO, and is classified as Mixed Type - II land.

How the guideline value of Docter Sundaravelu Garden has changed

The guideline value for Docter Sundaravelu Garden has remained consistent over the years. The register shows that the guideline value was Rs 600 per sq.ft in the 2017 revision, which was maintained in the 2023 revision and continues to be the same in the 2024 revision. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2024, the guideline value has not changed, reflecting a stable valuation during this period. The changes between the revisions from 2023 to 2024 and from 2017 to 2023 also show a consistent value of Rs 600 per sq.ft, indicating no fluctuations in the guideline value.

Guideline values in Puthuper

Puthuper village has a total of 39 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,350 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Docter Sundaravelu Garden is above this median, reflecting its status in the village.

• Dhanalakshmi Nagar Ext: Rs 400 per sq.ft (2024)
• Dhanalakshmi Nagar: Rs 400 per sq.ft (2024)
• Devadoss Garden: Rs 400 per sq.ft (2024)
• Cini production Assistants Nagar: Rs 510 per sq.ft (2024)
• Chelliamman Nagar - II: Rs 400 per sq.ft (2024)
• Chelliamman Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Docter Sundaravelu Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total cost for these charges to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Docter Sundaravelu Garden?

The Sub Registrar Office that covers Docter Sundaravelu Garden is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Puthuper. It serves as a basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a fair value as per government regulations.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable fees. This ensures that all transactions are aligned with the established values in the area, maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value of Docter Sundaravelu Garden?

The current guideline value of Docter Sundaravelu Garden is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 600 per sq.ft since the 2017 revision, with no changes between the 2023 and 2024 revisions as well.

What is the land classification of Docter Sundaravelu Garden?

Docter Sundaravelu Garden is classified as Mixed Type - II land, which indicates its varied use potential within the area.

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

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Docter Sundaravelu Garden located?

The Sub Registrar Office for Docter Sundaravelu Garden is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.