Guideline Value for Ganga Garden C

Ganga Garden C guideline value

The current guideline value of Ganga Garden C is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Santhavellur_C village under the Sunguvarchattram SRO, classified as Residential Class I Type - I.

How the guideline value of Ganga Garden C has changed

The guideline value for Ganga Garden C has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 300 per sq.ft, which remains unchanged from the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 201 per sq.ft.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has also increased by 49%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Santhavellur_C

In Santhavellur_C, there are 52 streets under the Sunguvarchattram SRO, with guideline values ranging from Rs 200 to Rs 2,000 per sq.ft. The median guideline value in this area is Rs 350 per sq.ft, making Ganga Garden C's 2024 figure below that median.

• Ganga Garden B: Rs 300 per sq.ft (2024)
• Ganga Garden A: Rs 300 per sq.ft (2024)
• Ganga Garden: Rs 200 per sq.ft (2024)
• Indira Gandhi Street: Rs 200 per sq.ft (2024)
• JBM Independence nagar: Rs 500 per sq.ft (2024)
• Jothi Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Ganga Garden C

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, resulting in a total of Rs 27,000. 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 more details.

Which Sub Registrar Office covers Ganga Garden C?

The Sub Registrar Office that covers Ganga Garden C is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Santhavellur_C. It is used to determine the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair and standardized rate, helping to maintain transparency in property dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Ganga Garden C?

The current guideline value of Ganga Garden C is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft from 2023 to 2024, showing no change. However, it increased by 49% from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023.

What is the median guideline value in Santhavellur_C?

The median guideline value in Santhavellur_C is Rs 350 per sq.ft, with Ganga Garden C's value being below this median at Rs 300 per sq.ft.

What is the registration fee for property in Ganga Garden C?

The registration fee is calculated based on the guideline value. For a property valued at Rs 3,00,000, the registration fee would be Rs 6,000 at a rate of 2%.

Where can I find the Sub Registrar Office for Ganga Garden C?

The Sub Registrar Office for Ganga Garden C is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find more details by visiting the provided link.