Guideline Value for SANTHANA GANAPATHI NAGAR

Santhana Ganapathi Nagar guideline value

The current guideline value of Santhana Ganapathi Nagar is Rs 720 per sq.ft, effective from 1 July 2024. This area is located in Sriperumbudur C village, under the Sriperumpudur SRO. The land classification for this street is Residential Class III Type - IV.

How the guideline value of Santhana Ganapathi Nagar has changed

In the 2023 revision, the guideline value for Santhana Ganapathi Nagar was Rs 720 per sq.ft, which remains unchanged in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the guideline value has seen no change from 2023 to 2024, maintaining a consistent rate of Rs 720 per sq.ft. The absence of figures in earlier revisions indicates stability in the recorded values for this street over the years.

Guideline values in Sriperumbudur C

In Sriperumbudur C, there are 63 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,500 per sq.ft, with a median value of Rs 720 per sq.ft. Santhana Ganapathi Nagar's 2024 figure aligns perfectly with this median.

• R K Avenue Part II: Rs 2,000 per sq.ft (2024)
• R K Avenue Part I: Rs 2,000 per sq.ft (2024)
• Shri Guru Ganesh Avenue: Rs 1,200 per sq.ft (2024)
• Ramesh Nagar Part II: Rs 720 per sq.ft (2024)
• Sree Balaji Avenue: Rs 1,200 per sq.ft (2024)
• Temple Town: Rs 1,350 per sq.ft (2024)

Stamp duty and registration fee for property in Santhana Ganapathi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 720 per sq.ft, the guideline value amounts to Rs 7,20,000. The stamp duty at 7% would be Rs 50,400, and the registration fee at 2% would be Rs 14,400, resulting in a total of Rs 64,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Santhana Ganapathi Nagar?

The Sub Registrar Office that covers Santhana Ganapathi Nagar 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 Sriperumbudur C

The guideline value is an essential factor in property transactions, as it determines the minimum value at which properties can be registered. When buying or selling property in Santhana Ganapathi Nagar, the guideline value will be used to calculate stamp duty and registration fees.

It is crucial for buyers and sellers to be aware of the guideline value, as it ensures compliance with local regulations during the registration process. This value helps in establishing a fair basis for property transactions in the area.

Frequently asked questions

What is the current guideline value of Santhana Ganapathi Nagar?

The current guideline value of Santhana Ganapathi Nagar is Rs 720 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 720 per sq.ft from the 2023 revision to the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Santhana Ganapathi Nagar?

Santhana Ganapathi Nagar is classified as Residential Class III Type - IV. This classification is essential for understanding the zoning and potential uses of the land.

What are the stamp duty rates for property transactions?

The stamp duty for property transactions in Santhana Ganapathi Nagar is 7%. This rate is applied to the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Santhana Ganapathi Nagar?

The Sub Registrar Office for Santhana Ganapathi Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.