Guideline Value for DREAM VILLA GARDEN EXTENSION- V

Dream Villa Garden Extension- V guideline value

The current guideline value of Dream Villa Garden Extension- V 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- V has changed

In the 2023 revision, the guideline value was Rs 1,300 per sq.ft, which remained unchanged in the 2024 revision. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, from 2023 to 2024, there was a change of +0%. The current guideline value reflects stability in the valuation for this property over the last two revisions.

Guideline values in Asthinapuram

Asthinapuram has 32 streets under the Thiruporur SRO with a 2024 guideline value ranging from Rs 600 to Rs 3,300 per sq.ft. The median value for these streets is Rs 1,614 per sq.ft, making the guideline value of Dream Villa Garden Extension- V below this median.

• Dream Villa Garden Extension IV: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Extension III: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Extension II: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Phase I: Rs 1,614 per sq.ft (2024)
• Dream Villa Garden Extension I: Rs 1,300 per sq.ft (2024)
• Dream Villa Garden Phase II: Rs 1,941 per sq.ft (2024)

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be 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- V?

The Dream Villa Garden Extension- V is covered by 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 is a crucial factor when registering property transactions in Asthinapuram. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property.

When a property is bought or sold, the guideline value ensures that the transaction is recorded at a fair valuation, which is essential for both the buyer and the seller during the registration process.

Frequently asked questions

What is the current guideline value for Dream Villa Garden Extension- V?

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

How has the guideline value changed in recent years?

The guideline value has remained stable at Rs 1,300 per sq.ft from 2023 to 2024, with no figures available for revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values of other streets in Asthinapuram?

Other streets in Asthinapuram have a range of guideline values. For instance, Dream Villa Garden Phase I has a value of Rs 1,614 per sq.ft, while several other streets, including Dream Villa Garden Extension IV, III, II, and I, are valued at Rs 1,300 per sq.ft.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at Rs 1,300 per sq.ft, the total fees would amount to Rs 1,17,000.

Where can I find the Sub Registrar Office for Dream Villa Garden Extension- V?

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