Guideline Value for Ganga Garden

Ganga Garden guideline value

The current guideline value of Ganga Garden in Santhavellur_B village is Rs 200 per sq.ft, effective from 1 July 2024. This property falls under the jurisdiction of the Sunguvarchattram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Ganga Garden has changed

The guideline value for Ganga Garden has seen several revisions over the years. The 2017 revision set the value at Rs 134 per sq.ft. In 2023, the value remained unchanged at Rs 200 per sq.ft, and this figure was maintained in the 2024 revision as well, indicating no percentage change between 2023 and 2024. Overall, from 2017 to 2024, the guideline value increased by 49%.

There are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. The values from 2017 to 2023 reflect a significant increase of 49% during that period.

Guideline values in Santhavellur_B

In Santhavellur_B, there are 55 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 2,000 per sq.ft, with a median value of Rs 400 per sq.ft. Ganga Garden's 2024 guideline value is below this median.

• Ganga Garden A: Rs 300 per sq.ft (2024)
• Ganga Garden B: Rs 300 per sq.ft (2024)
• Ganga Garden C: Rs 300 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

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty, charged at 7%, would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that 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 accurate calculations.

Which Sub Registrar Office covers Ganga Garden?

The Ganga Garden area is covered by 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_B

The guideline value plays a crucial role during the registration process of property transactions in Santhavellur_B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a value that is recognized by the Registration Department.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall cost of the transaction, including the fees associated with registration. Buyers and sellers should consult the latest guideline values to understand their obligations during the registration process.

Frequently asked questions

What is the current guideline value of Ganga Garden?

The current guideline value of Ganga Garden in Santhavellur_B village is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Ganga Garden was Rs 134 per sq.ft in 2017, remained at Rs 200 per sq.ft in 2023, and continues at Rs 200 per sq.ft in 2024. Overall, there has been a 49% increase from 2017 to 2024.

What are the other streets in Santhavellur_B?

Other streets in Santhavellur_B include Ganga Garden A, Ganga Garden B, Ganga Garden C, Indira Gandhi Street, JBM Independence nagar, and Jothi Nagar, with varying guideline values.

What is the stamp duty for buying property in Ganga Garden?

The stamp duty for buying property in Ganga Garden is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 14,000 based on the current guideline value.

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

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