Guideline Value for Devadoss Garden

Devadoss Garden guideline value

The current guideline value of Devadoss Garden in Puthuper village under the Sriperumpudur SRO is Rs 400 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Devadoss Garden has changed

The guideline value for Devadoss Garden has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 268 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49% to Rs 400 per sq.ft, and this value has remained consistent through the 2024 revision.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 400 per sq.ft.

Guideline values in Puthuper

Puthuper village has 39 streets under the Sriperumpudur SRO that have a guideline value for 2024, ranging from Rs 100 to Rs 1,350 per sq.ft. The median value for these streets is Rs 400 per sq.ft, which is equal to the current guideline value of Devadoss Garden.

• Dhanalakshmi Nagar: Rs 400 per sq.ft (2024)
• Dhanalakshmi Nagar Ext: Rs 400 per sq.ft (2024)
• Cini production Assistants Nagar: Rs 510 per sq.ft (2024)
• Docter Sundaravelu Garden: Rs 600 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 Devadoss Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Devadoss Garden?

The Sub Registrar Office covering Devadoss 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 information.

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

The guideline value is a crucial factor during the registration of property transactions in Puthuper. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty based on this value.

When buying or selling property, the guideline value helps in assessing the fair price for the transaction. It is essential for both buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Devadoss Garden?

The current guideline value of Devadoss Garden is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft from 2012 to 2024, with a decrease to Rs 268 per sq.ft in 2017 and an increase back to Rs 400 per sq.ft in 2023.

What are the other streets in Puthuper with similar guideline values?

Other streets in Puthuper, such as Dhanalakshmi Nagar, Dhanalakshmi Nagar Ext, Chelliamman Nagar, and Chelliamman Nagar - II, also have a guideline value of Rs 400 per sq.ft in 2024.

What fees are associated with registering property in Devadoss Garden?

When registering property in Devadoss Garden, the stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Devadoss Garden?

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