Guideline Value for GANESH FARM HOUSE EXTENSION

Ganesh Farm House Extension guideline value

The current guideline value of Ganesh Farm House Extension is Rs 150 per sq.ft, effective from 1 July 2024. This area is located in Athiyur village under the Chengleput Joint II SRO, with a land classification of Residential Special Type - I.

How the guideline value of Ganesh Farm House Extension has changed

As per the revisions, the guideline value for Ganesh Farm House Extension has remained constant at Rs 150 per sq.ft for both the 2023 and 2024 revisions. The register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

In summary, there has been no change in the guideline value from 2023 to 2024, with an increase of 0%. The current rate reflects a stable valuation for this property area.

Guideline values in Athiyur

In addition to Ganesh Farm House Extension, other streets in Athiyur under the Chengleput Joint II SRO include the following:

• Rpg Metro City: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Ganesh Farm House Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the guideline value would be Rs 1,50,000. The stamp duty at 7% would amount to Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. 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 Ganesh Farm House Extension?

The Ganesh Farm House Extension is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value for calculating stamp duty and registration fees during the sale process.

When a property is sold, the stamp duty is charged based on the higher of the guideline value or the sale price. This ensures that the registration process is aligned with the official valuation set by the authorities.

Frequently asked questions

What is the current guideline value of Ganesh Farm House Extension?

The current guideline value of Ganesh Farm House Extension is Rs 150 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 150 per sq.ft for the revisions in both 2023 and 2024. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Ganesh Farm House Extension?

Ganesh Farm House Extension is classified as Residential Special Type - I, which indicates its intended use for residential purposes.

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

For a property valued at Rs 1,50,000, the stamp duty would be Rs 10,500, and the registration fee would be Rs 3,000, totaling Rs 13,500. The duty is charged based on the higher of the guideline value or the sale price.

Which office handles registrations for Ganesh Farm House Extension?

The Chengleput Joint II Sub Registrar Office handles registrations for Ganesh Farm House Extension, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.