Guideline Value for Dream Villa Garden Phase-VI

Dream Villa Garden Phase-VI guideline value

The current guideline value of Dream Villa Garden Phase-VI is Rs 1,300 per sq.ft, effective from 1 July 2024. This property is located in Asthinapuram village, under the Thiruporur SRO, and is classified as Residential Class II Type - II.

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

The guideline value for Dream Villa Garden Phase-VI has remained consistent at Rs 1,300 per sq.ft since the 2023 revision. The 2024 revision, effective from 1 July 2024, has also set the guideline value at Rs 1,300 per sq.ft, indicating no change from the previous year.

For the years prior to 2023, the register has no figure for this street in 2017, 2012, 2007, 2003, and 2002. Therefore, the only revisions available for this street are from 2023 and 2024, both reflecting the same guideline value.

Guideline values in Asthinapuram

In Asthinapuram, there are 32 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 3,300 per sq.ft, with a median value of Rs 1,614 per sq.ft. Dream Villa Garden Phase-VI's 2024 figure is below this median.

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

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 amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total charges to Rs 1,17,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Dream Villa Garden Phase-VI is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial component in the property registration process in Asthinapuram. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property transaction occurs, the guideline value is assessed to ensure that the correct fees are collected based on the value of the property being transferred. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

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

The current guideline value of Dream Villa Garden Phase-VI is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,300 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Asthinapuram?

Other streets in Asthinapuram have varying guideline values, ranging from Rs 600 to Rs 3,300 per sq.ft. The median value for these streets is Rs 1,614 per sq.ft, with Dream Villa Garden Phase-VI being below this median.

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

For a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 and the registration fee would be Rs 26,000, totaling Rs 1,17,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Dream Villa Garden Phase-VI?

The Thiruporur Sub Registrar Office handles property registrations for Dream Villa Garden Phase-VI. It is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.