Guideline Value for KANCHI GARDEN EXTENTION

Kanchi Garden Extention guideline value

The current guideline value of Kanchi Garden Extention is Rs 250 per sq.ft. This property is located in Vaiyavur village, under the Kanchipuram Joint I SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Kanchi Garden Extention has changed

According to the guideline value register, there have been several revisions over the years. The 2024 revision shows a guideline value of Rs 250 per sq.ft, which is the same as the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, there was no change in the guideline value, maintaining a consistent rate of Rs 250 per sq.ft. This stability reflects the same figure carried over from the previous year.

Guideline values in Vaiyavur

In Vaiyavur, there are 11 streets under the Kanchipuram Joint I SRO that have a 2024 guideline value ranging from Rs 234 to Rs 800 per sq.ft. The median value for these streets is Rs 450 per sq.ft, placing Kanchi Garden Extention's 2024 figure below that median.

• Kanchi Garden: Rs 250 per sq.ft (2024)
• Osiya Garden: Rs 335 per sq.ft (2024)
• Ponnusamy Nagar: Rs 450 per sq.ft (2024)
• Sumangali Nagar: Rs 234 per sq.ft (2024)
• Aishwaryam Garden: Rs 700 per sq.ft (2024)
• Ganesh Garden: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Kanchi Garden Extention

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more specific calculations.

Which Sub Registrar Office covers Kanchi Garden Extention?

The Kanchi Garden Extention falls under the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Vaiyavur. It determines the minimum price at which a property can be registered, ensuring that the transaction is documented at a value reflective of the area's standards.

When buying or selling property, the guideline value affects the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher. This ensures transparency and adherence to legal requirements during property transactions.

Frequently asked questions

What is the current guideline value of Kanchi Garden Extention?

The current guideline value of Kanchi Garden Extention is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained consistent at Rs 250 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Kanchi Garden Extention?

The land classification for Kanchi Garden Extention is Residential Class IV Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500, and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Kanchi Garden Extention?

The Kanchi Garden Extention is covered by the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone.