Guideline Value for Dream Park Greenland

Dream Park Greenland guideline value

The current guideline value of Dream Park Greenland is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Vallam_B village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Dream Park Greenland has changed

The guideline value for Dream Park Greenland has remained consistent in recent years. In the 2023 revision, the value was Rs 400 per sq.ft, and this figure has not changed in the 2024 revision, indicating a 0% change between these two years. The register has no figures for the years 2017, 2012, 2007, 2003, or 2002 for this street.

In summary, the guideline value has been stable at Rs 400 per sq.ft since the 2023 revision. The absence of figures in earlier years suggests that the value has not been assessed for those periods.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that carry a guideline value for 2024, ranging from Rs 150 to Rs 1,950 per sq.ft. The median value across these streets is Rs 400 per sq.ft, which is equal to the guideline value of Dream Park Greenland.

• D.R.R.Nagar: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 1st Street: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 2nd Street: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 3rd Street: Rs 200 per sq.ft (2024)
• Deepalaxmi Nagar: Rs 400 per sq.ft (2024)
• Ganapathy Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Dream Park Greenland

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

Which Sub Registrar Office covers Dream Park Greenland?

The Sub Registrar Office that covers Dream Park Greenland 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 Vallam_B

The guideline value is a crucial factor in property transactions, as it determines the minimum value on which stamp duty and registration fees are calculated. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the registration process.

When purchasing property in Vallam_B, the guideline value serves as a benchmark for pricing. It helps to establish a fair value for the property, ensuring that both parties are aware of the minimum costs associated with the transaction.

Frequently asked questions

What is the current guideline value of Dream Park Greenland?

The current guideline value of Dream Park Greenland 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 stable at Rs 400 per sq.ft since the 2023 revision, with no changes noted in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, or 2002 for this street.

What are the guideline values for other streets in Vallam_B?

Other streets in Vallam_B have varying guideline values, with rates ranging from Rs 150 to Rs 1,950 per sq.ft. The median value across these streets is Rs 400 per sq.ft.

How is stamp duty calculated for properties in Dream Park Greenland?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000.

Where can I find the Sub Registrar Office for Dream Park Greenland?

The Sub Registrar Office for Dream Park Greenland is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more information by visiting the appropriate link.