Guideline Value for J S GARDEN

J S Garden guideline value

The current guideline value of J S Garden, located in Keelakazhani village under the Gooduvancheri SRO, is Rs 600 per sq.ft. The land classification for this area is Residential Special Type - II.

How the guideline value of J S Garden has changed

The guideline value for J S Garden has remained consistent in recent years. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 600 per sq.ft, and it has not changed in the 2024 revision, which also lists the value at Rs 600 per sq.ft, reflecting a change of +0% from the previous year.

This consistency indicates stability in the guideline value for this street, as it has not fluctuated in the last two revisions. The current figure aligns with the values recorded in the previous year, maintaining the same rate.

Guideline values in Keelakazhani

In Keelakazhani, there are 35 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 1,000 per sq.ft, with a median value of Rs 700 per sq.ft. J S Garden's 2024 figure of Rs 600 per sq.ft is below this median.

• J.S. Garden Phase-I: Rs 896 per sq.ft (2024)
• Kuberra Nagar: Rs 700 per sq.ft (2024)
• Ganapathi Nagar: Rs 700 per sq.ft (2024)
• Mahalakshmi Nagar Phase-I: Rs 700 per sq.ft (2024)
• Mahalakshmi Nagar Phase-II: Rs 700 per sq.ft (2024)
• Dalmia Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in J S Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, while the registration fee at 2% would be Rs 12,000. Together, the total cost for these fees would be Rs 54,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers J S Garden?

The Sub Registrar Office that covers J S Garden is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical component during the registration process of property transactions in Keelakazhani. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is in compliance with local regulations. Buyers and sellers should be aware of the guideline value to accurately assess their costs during the registration process.

Frequently asked questions

What is the current guideline value of J S Garden?

The current guideline value of J S Garden is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for J S Garden has remained at Rs 600 per sq.ft since the 2023 revision, with no changes recorded in the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for J S Garden?

The land classification for J S Garden is Residential Special Type - II, indicating its designation for residential use within the area.

What are the stamp duty and registration fees for property in J S Garden?

For a property valued at the guideline rate of Rs 600 per sq.ft, the total stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000 for a 1,000 sq.ft plot.

Which office handles registrations for J S Garden?

The Gooduvancheri Sub Registrar Office handles registrations for J S Garden, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.