Guideline Value for DREAM VILLA GARDEN EXTENSION III

Dream Villa Garden Extension III guideline value

The current guideline value of Dream Villa Garden Extension III is Rs 1,300 per sq.ft, effective from 1 July 2024. This property is located in Asthinapuram village under the Thiruporur SRO, classified as Residential Class II Type - II.

How the guideline value of Dream Villa Garden Extension III has changed

The register has no figure for Dream Villa Garden Extension III for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,300 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 1,300 per sq.ft. This indicates that there has been no percentage change between 2023 and 2024.

Both the 2023 and 2024 revisions maintain the same rate of Rs 1,300 per sq.ft. This consistency suggests stability in the guideline value for this street over the last two years.

Guideline values in Asthinapuram

In Asthinapuram, there are 32 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 3,300 per sq.ft, with a median value of Rs 1,614 per sq.ft. The guideline value of Dream Villa Garden Extension III is below this median.

• Dream Villa Garden Extension II: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Extension IV: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Extension V: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Extension I: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Extension: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden: Rs 1,941 per sq.ft (2024)

Stamp duty and registration fee for property in Dream Villa Garden Extension III

For a 1,000 sq.ft plot at the current rate of Rs 1,300 per sq.ft, the guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, totaling Rs 1,17,000. 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 Dream Villa Garden Extension III?

The Sub Registrar Office that covers Dream Villa Garden Extension III is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Asthinapuram. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded at a fair value. This helps in maintaining transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Dream Villa Garden Extension III?

The current guideline value of Dream Villa Garden Extension III is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained consistent at Rs 1,300 per sq.ft for the years 2023 and 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 in the register.

What are the guideline values of other streets in Asthinapuram?

Other streets in Asthinapuram also have a guideline value of Rs 1,300 per sq.ft for the year 2024. However, Dream Villa Garden has a higher guideline value of Rs 1,941 per sq.ft.

What is the stamp duty rate for properties in Dream Villa Garden Extension III?

The stamp duty rate for properties in Dream Villa Garden Extension III is 7% of the guideline value or sale price, whichever is higher. This is applicable during the registration process.

Where is the Sub Registrar Office for Dream Villa Garden Extension III located?

The Thiruporur Sub Registrar Office, which covers Dream Villa Garden Extension III, is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.