Guideline Value for Dream Villa Garden Phase-IV

Dream Villa Garden Phase-IV guideline value

The current guideline value of Dream Villa Garden Phase-IV is Rs 1,941 per sq.ft, effective from 1 July 2024. This property is located in Asthinapuram village under the Thiruporur SRO, classified as Residential Class III Type - I.

How the guideline value of Dream Villa Garden Phase-IV has changed

As per the guideline value register, there are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Dream Villa Garden Phase-IV. The revisions that do have figures are from 2023 and 2024, both set at Rs 1,941 per sq.ft, indicating no change between these two years.

The 2023 revision maintained the guideline value at Rs 1,941 per sq.ft, which was also the figure for the 2024 revision. Therefore, there has been a 0% change from 2023 to 2024.

Guideline values in Asthinapuram

In Asthinapuram, there are 32 streets under the Thiruporur SRO with a guideline value range from Rs 600 to Rs 3,300 per sq.ft. The median guideline value in this area is Rs 1,614 per sq.ft, placing Dream Villa Garden Phase-IV above this median value.

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

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,941 per sq.ft, the total guideline value amounts to Rs 19,41,000. The stamp duty at 7% would be Rs 1,35,870, and the registration fee at 2% would be Rs 38,820, bringing the total fees to Rs 1,74,690. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dream Villa Garden Phase-IV?

The Sub Registrar Office that covers Dream Villa Garden Phase-IV 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 is a crucial factor when registering a property in Asthinapuram. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory during the property transaction process.

When you buy or sell a property, the guideline value ensures that the transaction is recorded accurately and that the appropriate taxes are collected. It is essential to be aware of the current guideline value to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value of Dream Villa Garden Phase-IV?

The current guideline value of Dream Villa Garden Phase-IV is Rs 1,941 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street. The guideline value remained at Rs 1,941 per sq.ft for both the 2023 and 2024 revisions.

What are the stamp duty and registration fees for property in Dream Villa Garden Phase-IV?

For a 1,000 sq.ft plot, the total guideline value is Rs 19,41,000. The stamp duty at 7% is Rs 1,35,870, and the registration fee at 2% is Rs 38,820, totaling Rs 1,74,690.

Which Sub Registrar Office covers Dream Villa Garden Phase-IV?

The Thiruporur Sub Registrar Office covers Dream Villa Garden Phase-IV, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that the transaction is recorded accurately and that the appropriate taxes are collected.