Guideline Value for GLENMORE GARDEN

Glenmore Garden guideline value

The current guideline value of Glenmore Garden, located in 44.Ayanambakkam village under the Konnur SRO, is Rs 7,100 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Special Type - I.

How the guideline value of Glenmore Garden has changed

According to the register, there have been no figures recorded for Glenmore Garden in the revisions from 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 shows a guideline value of Rs 7,100 per sq.ft.

Since there are no figures available for previous years, the guideline value has seen a significant update with the 2024 revision, marking the first recorded value for this street.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft. The median value for these streets is Rs 1,300 per sq.ft, placing Glenmore Garden's 2024 figure above this median.

• Geesan Ayanampakam Housing Colony: Rs 3,100 per sq.ft (2024)
• Hi-Tech Nagar: Rs 9,702 per sq.ft (2024)
• Galaxy Company Salai: Rs 1,300 per sq.ft (2024)
• Indira gandhi street: Rs 880 per sq.ft (2024)
• Indira Nagar: Rs 880 per sq.ft (2024)
• Indira Street: Rs 880 per sq.ft (2024)

Stamp duty and registration fee for property in Glenmore Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value amounts to Rs 71,00,000. The stamp duty at 7% would be Rs 4,97,000, and the registration fee at 2% would be Rs 1,42,000, bringing the total fees to Rs 6,39,000. 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 precise calculations based on your property details.

Which Sub Registrar Office covers Glenmore Garden?

The Sub Registrar Office covering Glenmore Garden is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is a crucial factor during property transactions in 44.Ayanambakkam, as it determines the minimum price at which properties can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Glenmore Garden?

The current guideline value of Glenmore Garden is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no recorded figures for Glenmore Garden in the revisions from 2002 to 2023. The 2024 revision marks the first recorded guideline value for this street.

What is the median guideline value in 44.Ayanambakkam?

The median guideline value for streets in 44.Ayanambakkam is Rs 1,300 per sq.ft, with Glenmore Garden's 2024 figure being above this median.

What are the stamp duty and registration fees for properties in Glenmore Garden?

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total fees would be Rs 6,39,000.

Where is the Sub Registrar Office for Glenmore Garden located?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.