Guideline Value for ROYAL GARDEN

Royal Garden guideline value

The current guideline value of Royal Garden in Vengadamangalam village, under the Gooduvancheri SRO, is Rs 1,600 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Special Type - I.

How the guideline value of Royal Garden has changed

In the 2023 revision, the guideline value for Royal Garden was set at Rs 1,600 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes in the guideline value for Royal Garden. The previous revisions listed do not provide any figures for this street, indicating a consistent valuation since the latest revision.

Guideline values in Vengadamangalam

Currently, there are no specific village figures available for Vengadamangalam. Royal Garden is among the streets in this area, but there are no other streets in Vengadamangalam under the Gooduvancheri SRO provided.

Stamp duty and registration fee for property in Royal Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees together to Rs 1,44,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Royal Garden?

The Royal Garden area falls under the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value serves as a benchmark for property transactions in Vengadamangalam, determining the minimum value at which properties can be registered. It is essential for buyers and sellers to understand that the guideline value is used to calculate the stamp duty and registration fees during the property transaction process.

When a property is sold, the registration office will assess the guideline value to ensure that the transaction is recorded accurately. This value is crucial for legal documentation and is used to prevent undervaluation of properties, ensuring compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Royal Garden?

The current guideline value of Royal Garden is Rs 1,600 per sq.ft as per the 2023 revision.

What is the land classification for Royal Garden?

The land classification for Royal Garden is Mixed Special Type - I.

Have there been any changes in the guideline value for Royal Garden?

There have been no changes in the guideline value for Royal Garden since the 2023 revision, and previous revisions do not provide figures for this street.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Royal Garden?

The stamp duty for properties in Royal Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable on the same basis.