Guideline Value for Ganga Garden

Ganga Garden guideline value

The current guideline value of Ganga Garden in Santhavellur_C 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 of Ganga Garden has seen several revisions over the years. The 2017 revision set the value at Rs 134 per sq.ft, which remained unchanged in the 2023 revision at Rs 200 per sq.ft. The latest 2024 revision continues this value of Rs 200 per sq.ft, indicating no change from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and overall, from 2017 to 2024, it has also increased by 49%. This reflects the consistent value of Rs 200 per sq.ft from 2023 to 2024, highlighting stability in the guideline value for Ganga Garden.

Guideline values in Santhavellur_C

In Santhavellur_C, there are 52 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 350 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 would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

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, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is an essential factor in the registration process when buying or selling property in Santhavellur_C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the fees, ensuring that the transaction reflects the official valuation set by the Registration Department. This helps maintain transparency and consistency in property dealings.

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 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Ganga Garden has remained at Rs 200 per sq.ft from 2023 to 2024, showing no change. It increased by 49% from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023.

What is the land classification of Ganga Garden?

Ganga Garden is classified as Residential Class IV Type - I, indicating its designation for residential purposes.

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

The Sunguvarchattram Sub Registrar Office covers Ganga Garden and is located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

How do stamp duty and registration fees work in Ganga Garden?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For a property valued at Rs 2,00,000, the total fees would be Rs 18,000, which includes stamp duty and registration fees.