Guideline Value for GALAXYS MOUNTAIN BREEZE

Galaxys Mountain Breeze guideline value

The current guideline value of Galaxys Mountain Breeze is Rs 600 per sq.ft, effective from 1 July 2024. This property is located in Thiruvadisulam village under the Chengleput Joint II SRO, and it falls under the Residential Special Type - I land classification.

How the guideline value of Galaxys Mountain Breeze has changed

The guideline value for Galaxys Mountain Breeze has undergone several revisions over the years. In 2012, the value was set at Rs 600 per sq.ft. This figure remained unchanged until the next revision in 2017, where it dropped to Rs 402 per sq.ft, marking a decrease of 33%. Following that, the guideline value increased significantly to Rs 600 per sq.ft in 2023, reflecting a 49% increase from the 2017 revision. The current guideline value remains at Rs 600 per sq.ft as of the 2024 revision, showing no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Therefore, the changes in the guideline value are only reflected from the revisions in 2012, 2017, 2023, and 2024.

Guideline values in Thiruvadisulam

Currently, there are no specific village figures provided for Thiruvadisulam. However, Galaxys Mountain Breeze is part of the broader guideline values in the area. Below are other streets in Thiruvadisulam under the Chengleput Joint II SRO:

• Vijayraja Nanchil: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Galaxys Mountain Breeze

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

Which Sub Registrar Office covers Galaxys Mountain Breeze?

The Galaxys Mountain Breeze property is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Thiruvadisulam. It is used to calculate the stamp duty and registration fees that need to be paid at the time of registration. Buyers and sellers should be aware that the guideline value can influence the overall costs associated with property transactions.

When purchasing or selling property, the guideline value is essential for determining the legal and financial obligations during the registration process. It ensures that the transaction is recorded accurately and that the appropriate fees are collected based on the established values.

Frequently asked questions

What is the current guideline value of Galaxys Mountain Breeze?

The current guideline value of Galaxys Mountain Breeze is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then back to Rs 600 per sq.ft in 2023 and remains the same in 2024.

Are there any revisions with no figures for Galaxys Mountain Breeze?

Yes, the register has no figures for the revisions in 2002, 2003, and 2007 for Galaxys Mountain Breeze.

What are the stamp duty and registration fees for a property in Galaxys Mountain Breeze?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would be Rs 54,000, based on the current guideline value of Rs 6,00,000.

Which office handles the registration for Galaxys Mountain Breeze?

The Chengleput Joint II Sub Registrar Office handles the registration for Galaxys Mountain Breeze, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.