Guideline Value for G V GARDEN EXTENSION

G V Garden Extension guideline value

The current guideline value of G V Garden Extension is Rs 800 per sq.ft. This area is located in Vengadamangalam village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of G V Garden Extension has changed

The guideline value for G V Garden Extension has seen revisions over the years. In the 2017 revision, the guideline value was Rs 536 per sq.ft. This figure was updated in the 2023 revision to Rs 800 per sq.ft, reflecting a change of +49% from the previous revision.

There are no figures available in the register for the years 2024, 2012, 2007, 2003, and 2002 for this street. Therefore, the only revisions with figures are from 2017 and 2023.

Guideline values in Vengadamangalam

Currently, there are no specific village figures available for Vengadamangalam. G V Garden Extension is the only street mentioned in the Gooduvancheri SRO.

Stamp duty and registration fee for property in G V Garden Extension

For a 1,000 sq.ft plot at the current rate of Rs 800 per sq.ft, the guideline value would be Rs 8,00,000. The stamp duty at 7% would amount to Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total to Rs 72,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers G V Garden Extension?

The G V Garden Extension area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Vengadamangalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When you register a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the transaction is in accordance with the legal requirements set by the Registration Department.

Frequently asked questions

What is the current guideline value of G V Garden Extension?

The current guideline value of G V Garden Extension is Rs 800 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 536 per sq.ft to Rs 800 per sq.ft, which is a change of +49%.

Are there any guideline value figures for the year 2024?

No, the register does not have a guideline value figure for G V Garden Extension for the year 2024.

What are the stamp duty and registration fees for a property in G V Garden Extension?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office do I need to visit for registration in G V Garden Extension?

The registration for properties in G V Garden Extension is handled by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.