Guideline Value for SATHYA GARDEN

Sathya Garden guideline value

The current guideline value of Sathya Garden is Rs 1,200 per sq.ft, as per the 2023 revision. This area is located in Thaiyur-A village under the Thiruporur SRO, with a land classification of Residential Special Type - I.

How the guideline value of Sathya Garden has changed

In the 2017 revision, the guideline value was set at Rs 804 per sq.ft. This figure was revised to Rs 1,200 per sq.ft in 2023, marking an increase of 49% over the six-year period.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Sathya Garden. Therefore, we can only compare the 2017 and 2023 revisions.

Guideline values in Thaiyur-A

Currently, there are no specific village figures available for Thaiyur-A. Sathya Garden is situated in this locality, and there are no other streets in Thaiyur-A under the Thiruporur SRO provided.

Stamp duty and registration fee for property in Sathya Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty, charged at 7%, would amount to Rs 84,000, while the registration fee at 2% would be Rs 24,000. Together, the total cost for stamp duty and registration fee would be Rs 1,08,000. Please note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sathya Garden?

The Sathya Garden area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value is a crucial factor during property registration in Thaiyur-A. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives due revenue from property transactions.

When buying or selling property, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable duties. This ensures that all transactions are fairly assessed according to the established values.

Frequently asked questions

What is the current guideline value of Sathya Garden?

The current guideline value of Sathya Garden is Rs 1,200 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision of Rs 804 per sq.ft to the 2023 revision of Rs 1,200 per sq.ft, the guideline value increased by 49% over six years.

Are there any guideline values for previous revisions?

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Sathya Garden.

What are the stamp duty and registration fees for properties in Sathya Garden?

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Which office handles the registration for Sathya Garden?

The Thiruporur Sub Registrar Office handles registrations for Sathya Garden, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.