Guideline Value for RADIANCE JADE GARDEN

Radiance Jade Garden guideline value

The current guideline value of Radiance Jade Garden is Rs 3,284 per sq.ft. This property is located in Karasangal village, under the Sriperumpudur SRO, and is classified as Mixed Special Type - II.

How the guideline value of Radiance Jade Garden has changed

In the 2017 revision, the guideline value was set at Rs 2,200 per sq.ft. This rate remained unchanged in the 2023 revision, where it was also Rs 3,284 per sq.ft. The most recent 2024 revision has maintained the same figure of Rs 3,284 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, there was a significant increase of 49% in the guideline value. Overall, from 2017 to 2024, the guideline value has also increased by 49%, reflecting stability in the recent revisions.

Guideline values in Karasangal

In Karasangal, there are 59 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 3,550 per sq.ft. The median guideline value for these streets is Rs 402 per sq.ft, making the guideline value of Radiance Jade Garden above that median.

• Radiance Jade Garden - II: Rs 3,284 per sq.ft (2024)
• Ponniamman Koil Street: Rs 250 per sq.ft (2024)
• Pillayar Koil Street: Rs 250 per sq.ft (2024)
• Ram Nagar-I,II,III: Rs 500 per sq.ft (2024)
• Periyar Street: Rs 250 per sq.ft (2024)
• Rathees City: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Radiance Jade Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 3,284 per sq.ft, the total guideline value would be Rs 32,84,000. The stamp duty, charged at 7%, would amount to Rs 2,29,880, while the registration fee at 2% would be Rs 65,680. Together, the total cost for these fees would be Rs 2,95,560. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Radiance Jade Garden?

The Sub Registrar Office that covers Radiance Jade Garden is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Karasangal, as it determines the stamp duty and registration fees applicable during the registration process. Buyers and sellers must be aware of the current guideline value to accurately calculate these costs.

When registering a property, the guideline value serves as a benchmark for the transaction value. It ensures that the property is assessed fairly, and the appropriate fees are collected based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Radiance Jade Garden?

The current guideline value of Radiance Jade Garden is Rs 3,284 per sq.ft, as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 3,284 per sq.ft from 2023 to 2024. It increased from Rs 2,200 per sq.ft in 2017 to Rs 3,284 per sq.ft in 2023, marking a 49% increase over that period.

What are the guideline values of other streets in Karasangal?

Other streets in Karasangal have varying guideline values ranging from Rs 100 to Rs 3,550 per sq.ft. The median value for these streets is Rs 402 per sq.ft, with Radiance Jade Garden being above this median.

What are the stamp duty and registration fees for properties in Radiance Jade Garden?

For a property valued at Rs 32,84,000, the stamp duty would be Rs 2,29,880, and the registration fee would be Rs 65,680, totaling Rs 2,95,560. These fees are based on the current guideline value.

Which office handles the registration for Radiance Jade Garden?

The Sriperumpudur Sub Registrar Office handles the registration for Radiance Jade Garden. It is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.