Guideline Value for Ganga Garden

Ganga Garden guideline value

The current guideline value of Ganga Garden in Santhavellur village is Rs 200 per sq.ft, effective from the 2024 revision. This property falls under the Sunguvarchattram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Ganga Garden has changed

Looking at the revisions, the guideline value for Ganga Garden was Rs 200 per sq.ft in both the 2023 and 2024 revisions, showing no change between these years. The previous revision in 2017 was Rs 134 per sq.ft, which indicates a significant increase of 49% from 2017 to 2023. The guideline value was Rs 200 per sq.ft in the 2012 revision, representing a decrease of 33% when compared to 2017.

Overall, from the 2012 revision to the 2024 revision, the guideline value has remained stable at Rs 200 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Santhavellur

In Santhavellur, there are 63 streets under the Sunguvarchattram SRO with a 2024 guideline value ranging from Rs 200 to Rs 2,800 per sq.ft, with a median of Rs 500 per sq.ft. Ganga Garden's 2024 figure is below this median.

• Ganga Garden A: Rs 305 per sq.ft (2024)
• Ganga Garden B: Rs 305 per sq.ft (2024)
• Ganga Garden C: Rs 305 per sq.ft (2024)
• Indira Gandhi Street: Rs 200 per sq.ft (2024)
• Jacob Garden: Rs 569 per sq.ft (2024)
• JBM Independence Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Ganga Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. Note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ganga Garden?

The Sub Registrar Office that covers Ganga Garden 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

The guideline value is a crucial factor during property registration in Santhavellur. It is used to determine the stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to understand that the guideline value may influence the overall costs involved in the transaction. Buyers should be aware of the current guideline value to ensure they are prepared for the financial implications of the registration process.

Frequently asked questions

What is the current guideline value of Ganga Garden?

The current guideline value of Ganga Garden is Rs 200 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2012 to 2024, with a significant increase of 49% from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023.

What is the land classification for Ganga Garden?

Ganga Garden is classified as Residential Class IV Type - I, which is important for determining the applicable guidelines and regulations.

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

The Sub Registrar Office for Ganga Garden is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 200 per sq.ft would incur a total fee of Rs 18,000.