Guideline Value for S NA GARDEN

S Na Garden guideline value

The current guideline value of S Na Garden, located in Kayirambedu village, is Rs 900 per sq.ft, effective from 1 July 2024. This property falls under the Chengleput Joint II SRO and is classified as Mixed Type - II land.

How the guideline value of S Na Garden has changed

The guideline value for S Na Garden has seen several revisions over the years. In 2012, the value was set at Rs 900 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 603 per sq.ft, marking a decrease of 33%. This value was then raised significantly to Rs 900 per sq.ft in the 2023 revision, maintaining the same figure in the 2024 revision, which indicates no change from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, comparing the 2012 figure to the current 2024 value, there has been no change, as both years reflect a guideline value of Rs 900 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 400 to Rs 3,550 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing S Na Garden's 2024 guideline value above that median.

• Snt Nagar: Rs 2,389 per sq.ft (2024)
• Sorna Bungalow Nagar: Rs 700 per sq.ft (2024)
• S.K.S. Star Light Avenue: Rs 1,045 per sq.ft (2024)
• Sks Kathirvelan Garden: Rs 2,389 per sq.ft (2024)
• Sks Ganesa Garden: Rs 2,986 per sq.ft (2024)
• Siva Venkatapuram: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in S Na Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, bringing the total cost for these fees to Rs 81,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers S Na Garden?

The S Na Garden area is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Kayirambedu. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees payable at the time of registration. This ensures that the transaction is recorded at a value that is consistent with the prevailing rates in the area.

Additionally, the guideline value serves as a benchmark for property valuation, helping buyers and sellers understand the fair value of properties in the region. It is essential for both parties to be aware of the guideline value to ensure compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of S Na Garden?

The current guideline value of S Na Garden is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 900 per sq.ft in 2012, 2023, and 2024, with a decrease to Rs 603 per sq.ft in 2017. The overall change from 2012 to 2024 is 0%.

What is the land classification of S Na Garden?

S Na Garden is classified as Mixed Type - II land, which indicates a variety of permissible uses for the property.

Where can I calculate stamp duty and registration fees?

You can calculate stamp duty and registration fees using the stamp duty and registration fee calculator available online.

Which office handles registrations for S Na Garden?

The Chengleput Joint II Sub Registrar Office handles registrations for S Na Garden, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.