Guideline Value for Eden Garden Farm Land

Eden Garden Farm Land guideline value

The current guideline value of Eden Garden Farm Land is Rs 102 per sq.ft, effective from 1 July 2024. This property is located in Agaram village, under the Sunguvarchattram SRO, and is classified as Residential Class II Type - I.

How the guideline value of Eden Garden Farm Land has changed

Over the years, the guideline value of Eden Garden Farm Land has seen several revisions. In 2012, the value was Rs 100 per sq.ft, which then decreased to Rs 67 per sq.ft in 2017. This was followed by an increase to Rs 100 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 102 per sq.ft. It is important to note that the register has no figure for this street in 2002, 2003, and 2007.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 2%. Overall, from 2012 to 2024, there has been a slight increase of 2% in the guideline value.

Guideline values in Agaram

Agaram village has a range of guideline values across its streets. The 2024 figures for the 10 streets under the Sunguvarchattram SRO vary from Rs 102 to Rs 374 per sq.ft, with the median being Rs 126 per sq.ft. Eden Garden Farm Land's 2024 guideline value is below this median.

• Dnh Sri Maheswari Avenue: Rs 352 per sq.ft (2024)
• Gangaiamman Kovil Street: Rs 102 per sq.ft (2024)
• Annai Parasakthi Nagar: Rs 150 per sq.ft (2024)
• Aikon City: Rs 150 per sq.ft (2024)
• Agaram Colony: Rs 102 per sq.ft (2024)
• Mettu Street: Rs 102 per sq.ft (2024)

Stamp duty and registration fee for property in Eden Garden Farm Land

For a 1,000 sq.ft plot at the current guideline value of Rs 102 per sq.ft, the total guideline value would be Rs 1,02,000. The stamp duty at 7% would amount to Rs 7,140, and the registration fee at 2% would be Rs 2,040, bringing the total to Rs 9,180. Please 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 further calculations.

Which Sub Registrar Office covers Eden Garden Farm Land?

The Eden Garden Farm Land falls under the jurisdiction of the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Agaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is documented accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value of Eden Garden Farm Land?

The current guideline value of Eden Garden Farm Land is Rs 102 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, then to Rs 100 per sq.ft in 2023, and finally to Rs 102 per sq.ft in 2024.

What are the other streets in Agaram with their guideline values?

Other streets in Agaram include Dnh Sri Maheswari Avenue at Rs 352 per sq.ft, Gangaiamman Kovil Street and Agaram Colony at Rs 102 per sq.ft, and Annai Parasakthi Nagar and Aikon City at Rs 150 per sq.ft, among others.

What is the stamp duty for property in Eden Garden Farm Land?

The stamp duty for a property valued at Rs 1,02,000 is Rs 7,140, while the registration fee would be Rs 2,040, totaling Rs 9,180.

Which office handles the registration for Eden Garden Farm Land?

The registration for Eden Garden Farm Land is handled by the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu.