Guideline Value for SARANYA GARDEN

Saranya Garden guideline value

The current guideline value of Saranya Garden is Rs 300 per sq.ft. This area is located in Thozhuvur village under the Tiruvallur Joint 1 SRO, and it falls under the Residential Class III Type - II land classification.

How the guideline value of Saranya Garden has changed

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. However, in the 2017 revision, it decreased to Rs 201 per sq.ft, marking a decline of 33%. The most recent 2023 revision saw a significant increase to Rs 300 per sq.ft, representing a rise of 49% from the 2017 figure.

Overall, comparing the 2012 and 2023 revisions, the guideline value has remained unchanged at Rs 300 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Thozhuvur

Currently, there are no specific village figures available for Thozhuvur. Saranya Garden is part of the Thozhuvur area, and it is important to note that there are no other streets in Thozhuvur listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Saranya Garden

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000. Together, the total cost for stamp duty and registration would be Rs 27,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Saranya Garden?

The Sub Registrar Office that covers Saranya Garden is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

For more information, you can find your SRO.

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

When buying or selling property in Thozhuvur, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is used as a benchmark to calculate these fees, ensuring that the transaction is recorded accurately in the official register.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. The fees are calculated based on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Saranya Garden?

The current guideline value of Saranya Garden is Rs 300 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased from Rs 300 to Rs 201 per sq.ft. However, it increased back to Rs 300 per sq.ft in the 2023 revision.

What is the registration office for Saranya Garden?

The registration office for Saranya Garden is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

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

Stamp duty for properties in Saranya Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is also applicable.

Are there any other streets in Thozhuvur with guideline values?

Currently, there are no other streets in Thozhuvur listed under the Tiruvallur Joint 1 SRO with guideline values provided.