Guideline Value for DREAM VILLA GARDEN PHASE I

Dream Villa Garden Phase I guideline value

The current guideline value for Dream Villa Garden Phase I is Rs 2,239 per sq.ft. This property is located in Unamancheri village under the Gooduvancheri SRO, and the land classification is Mixed Type - II.

How the guideline value of Dream Villa Garden Phase I has changed

The guideline value for Dream Villa Garden Phase I has undergone several revisions over the years. In the 2017 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure increased to Rs 2,239 per sq.ft in the 2023 revision, marking a significant rise of 49% over the six-year period.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Therefore, the only available revisions are from 2017 and 2023.

Guideline values in Unamancheri

Currently, there are no specific village figures available for Unamancheri. Dream Villa Garden Phase I is situated within this village, but no other streets in Unamancheri have been provided with guideline values.

Stamp duty and registration fee for property in Dream Villa Garden Phase I

For a 1,000 sq.ft plot at the current rate of Rs 2,239 per sq.ft, the guideline value would be Rs 22,39,000. The stamp duty at 7% would amount to Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, bringing the total to Rs 2,01,510. It is important to note that the 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 information.

Which Sub Registrar Office covers Dream Villa Garden Phase I?

The Gooduvancheri Sub Registrar Office covers Dream Villa Garden Phase I. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

When buying or selling property in Unamancheri, the guideline value is a crucial factor in determining the registration fees and stamp duty payable. These charges are based on the guideline value or the sale price, whichever is higher, ensuring that the government receives appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial obligations during the registration process. Understanding the guideline value helps in making informed decisions when engaging in property transactions.

Frequently asked questions

What is the current guideline value for Dream Villa Garden Phase I?

The current guideline value for Dream Villa Garden Phase I is Rs 2,239 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,500 per sq.ft to Rs 2,239 per sq.ft, which represents a rise of 49% over six years.

Are there any guideline values available for previous years?

For Dream Villa Garden Phase I, there are no guideline values available for the years 2002, 2003, 2007, 2012, and 2024.

What fees are associated with buying property in Dream Villa Garden Phase I?

When purchasing property in Dream Villa Garden Phase I, buyers must pay stamp duty at 7% and a registration fee at 2% based on the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.