Guideline Value for EN GARDEN

En Garden guideline value

The current guideline value of En Garden, located in Athur A Block village under the Chengleput Joint II SRO, is Rs 600 per sq.ft. This value is effective from 1 July 2024 and falls under the Mixed Type - I land classification.

How the guideline value of En Garden has changed

The guideline value for En Garden has undergone several revisions over the years. The earliest recorded revision was in 2017, where the value was set at Rs 402 per sq.ft. This value remained unchanged until the 2023 revision, which also recorded the guideline value at Rs 600 per sq.ft. The 2024 revision maintained this figure at Rs 600 per sq.ft, indicating no change from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 49%.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. The transition from the 2017 revision to the 2023 revision saw a significant increase of 49%, bringing the value to its current rate.

Guideline values in Athur A Block

Athur A Block contains 44 streets under the Chengleput Joint II SRO, with the 2024 guideline values ranging from Rs 300 to Rs 1,525 per sq.ft. The median value for these streets is Rs 600 per sq.ft, which is equal to the guideline value of En Garden.

• Ganapathy Nagar: Rs 600 per sq.ft (2024)
• Doctor Avenue: Rs 550 per sq.ft (2024)
• Gangai Nagar: Rs 600 per sq.ft (2024)
• Cynosure Extension Phase - V: Rs 900 per sq.ft (2024)
• Cynosure Extension Phase - IV: Rs 900 per sq.ft (2024)
• Cynosure Extension Phase - III: Rs 900 per sq.ft (2024)

Stamp duty and registration fee for property in En Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty is charged at 7%, which totals Rs 42,000, and the registration fee is charged at 2%, amounting to Rs 12,000. Together, the total fees would be Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers En Garden?

The Sub Registrar Office that covers En Garden is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Athur A Block

The guideline value is an essential factor in the registration of property transactions in Athur A Block. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the officially recognized value of the property.

When buying or selling property, the guideline value helps to establish a fair transaction price, as it reflects the official valuation set by the government. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of En Garden?

The current guideline value of En Garden is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 402 per sq.ft to Rs 600 per sq.ft in 2024, marking a 49% increase overall. The value remained unchanged from 2023 to 2024.

What are the other streets in Athur A Block?

Other streets in Athur A Block include Ganapathy Nagar, Doctor Avenue, Gangai Nagar, and several phases of Cynosure Extension, with guideline values ranging from Rs 550 to Rs 900 per sq.ft in 2024.

What are the stamp duty and registration fees for property in En Garden?

For a 1,000 sq.ft plot in En Garden, the total guideline value is Rs 6,00,000. The stamp duty at 7% is Rs 42,000, and the registration fee at 2% is Rs 12,000, totaling Rs 54,000.

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

The Chengleput Joint II Sub Registrar Office covers En Garden, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.