Guideline Value for JAYA GARDEN

Jaya Garden guideline value

The current guideline value of Jaya Garden is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Santhanampattu village under the Thirukazhukundram SRO and is classified as Residential Special Type - I.

How the guideline value of Jaya Garden has changed

According to the guideline value register, there have been no recorded figures for Jaya Garden in the revisions from 2002, 2003, 2007, 2012, and 2017. The guideline value for Jaya Garden was Rs 300 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years, with an increase of 0% from 2023 to 2024.

The 2024 revision maintains the same rate as the previous year, reflecting stability in the guideline value for this location. As there are no figures available for earlier years, the current value stands as the most recent and applicable rate.

Guideline values in Santhanampattu

In addition to Jaya Garden, the Santhanampattu area features other streets with their respective guideline values. The guideline value for Jaya Garden is Rs 300 per sq.ft, while the following streets have different rates:

• Tabebuia Villa Vignesh Farms: Rs 210 per sq.ft (2024)

Stamp duty and registration fee for property in Jaya Garden

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, charged at 7%, would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jaya Garden?

The Jaya Garden property falls under the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in property transactions in Santhanampattu. It is the benchmark used by the registration office to calculate the stamp duty and registration fees applicable during the buying or selling process. Buyers and sellers must be aware of this value as it directly influences the costs associated with property registration.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties and fees. This ensures that all transactions are conducted fairly and in accordance with the established regulations.

Frequently asked questions

What is the current guideline value of Jaya Garden?

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

How has the guideline value changed over the years?

The guideline value for Jaya Garden has remained at Rs 300 per sq.ft for both the 2023 and 2024 revisions, with no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Jaya Garden?

Jaya Garden is classified as Residential Special Type - I, indicating its designation for residential purposes within the area.

What are the stamp duty and registration fees for a property in Jaya Garden?

For a 1,000 sq.ft plot at the guideline value of Rs 300 per sq.ft, the total fees would amount to Rs 27,000, which includes a stamp duty of Rs 21,000 and a registration fee of Rs 6,000.

Where is the Sub Registrar Office for Jaya Garden located?

The Sub Registrar Office covering Jaya Garden is the Thirukazhukundram SRO, located at Thiruchengode - 637 211, Chengalpattu registration zone.