Guideline Value for JEEVA GARDEN

Jeeva Garden guideline value

The current guideline value of Jeeva Garden in Mulli Kolathoor village is Rs 600 per sq.ft, effective from 1 July 2024. This property falls under the Thirukazhukundram SRO and is classified as Mixed Type - I land.

How the guideline value of Jeeva Garden has changed

The guideline value for Jeeva Garden has remained consistent at Rs 600 per sq.ft since the 2023 revision. Prior to that, the register has no figure for the street in the revisions from 2002, 2003, 2007, 2012, and 2017.

In the 2024 revision, the guideline value was maintained at Rs 600 per sq.ft, showing no percentage change from the 2023 revision, which also recorded a value of Rs 600 per sq.ft.

Guideline values in Mulli Kolathoor

In Mulli Kolathoor, there are six streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 250 to Rs 850 per sq.ft. The median value for these streets is Rs 400 per sq.ft, indicating that Jeeva Garden's 2024 figure is above this median.

• Annai Nagar Annex: Rs 350 per sq.ft (2024)
• Ckr Nagar: Rs 850 per sq.ft (2024)
• Sree Jeeva Nagar: Rs 450 per sq.ft (2024)
• Srm City: Rs 250 per sq.ft (2024)
• Srm City Phase - II: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Jeeva 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 be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is important to note that the 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 more details.

Which Sub Registrar Office covers Jeeva Garden?

The Sub Registrar Office that covers Jeeva Garden is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Mulli Kolathoor. It determines the basis for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official registry.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It helps in understanding the official valuation of the property, which is essential for legal and financial purposes during the registration process.

Frequently asked questions

What is the current guideline value of Jeeva Garden?

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

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft since the 2023 revision, with no figures available for the revisions from 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Jeeva Garden?

Jeeva Garden is classified as Mixed Type - I land under the current guidelines.

How is stamp duty calculated for property in Jeeva Garden?

Stamp duty for property in Jeeva Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 42,000.

Where is the Sub Registrar Office for Jeeva Garden located?

The Thirukazhukundram Sub Registrar Office covers Jeeva Garden and is located at Thiruchengode - 637 211, Chengalpattu registration zone.