Guideline Value

Corporate

Guideline Value for RETHIKA GARDEN PHASE -III

₹1000/sq.ft.

The guideline value for Rethika Garden Phase -iii in Kavanur village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kavanur

Village

Gooduvancheri

SRO

Residential Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Rethika Garden Phase -iii

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Rethika Garden Phase -III guideline value

The current guideline value for Rethika Garden Phase -III is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Kavanur village under the Gooduvancheri SRO, classified as Residential Special Type - IV.

How the guideline value of Rethika Garden Phase -III has changed

The guideline value for Rethika Garden Phase -III has remained consistent at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. Prior to that, in the 2017 revision, the guideline value was Rs 670 per sq.ft, indicating a 49% increase from 2017 to 2023 and the same percentage increase from 2017 to 2024.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The consistent guideline value from 2023 to 2024 shows no change, with the current value reflecting a significant increase from the earlier 2017 figure.

Guideline values in Kavanur

Kavanur village has 109 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 2,239 per sq.ft, with a median value of Rs 800 per sq.ft. The guideline value for Rethika Garden Phase -III is above this median.

Stamp duty and registration fee for property in Rethika Garden Phase -III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, together totaling Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Rethika Garden Phase -III?

The Sub Registrar Office that covers Rethika Garden Phase -III is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

For further information, you can find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kavanur. It serves as a reference point for determining the stamp duty and registration fees, ensuring that these costs are calculated based on an official valuation rather than the sale price alone.

When a property is registered, the guideline value helps to maintain transparency and consistency in property transactions. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Rethika Garden Phase -III?

The current guideline value for Rethika Garden Phase -III is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Rethika Garden Phase -III has remained at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. It increased from Rs 670 per sq.ft in 2017, marking a 49% rise overall from 2017 to 2024.

What are the other streets in Kavanur with their guideline values?

In Kavanur, other streets include Rethika Garden Phase -IV at Rs 1,000 per sq.ft, and several Rithika Avenue streets at Rs 800 per sq.ft. The variety of guideline values reflects the different classifications and locations within the village.

What is the stamp duty for properties in Rethika Garden Phase -III?

The stamp duty for properties in Rethika Garden Phase -III is calculated at 7% of the guideline value. For a property valued at Rs 10,00,000, the stamp duty would amount to Rs 70,000.

Where can I find the Sub Registrar Office for Rethika Garden Phase -III?

The Sub Registrar Office for Rethika Garden Phase -III is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.