Guideline Value

Corporate

Guideline Value for SENTHIL GARDEN EXTENSION

₹1320/sq.ft.

The guideline value for Senthil Garden Extension in Nandambakkam village (Padappai SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1195 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Nandambakkam

Village

Padappai

SRO

Mixed Type - III
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1195 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹800 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Senthil Garden Extension

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Senthil Garden Extension guideline value

The current guideline value of Senthil Garden Extension is Rs 1,320 per sq.ft, effective from 1 July 2024. This property is located in Nandambakkam village, under the Padappai SRO, and is classified as Mixed Type - III land.

How the guideline value of Senthil Garden Extension has changed

The guideline value for Senthil Garden Extension has undergone several revisions over the years. The earliest recorded revision was in 2017, where the guideline value was Rs 800 per sq.ft. This increased significantly to Rs 1,195 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 brought the value to Rs 1,320 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 65%.

Guideline values in Nandambakkam

In Nandambakkam, there are 94 streets under the Padappai SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,300 per sq.ft, with a median value of Rs 880 per sq.ft. The guideline value of Senthil Garden Extension is above this median.

Stamp duty and registration fee for property in Senthil Garden Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, resulting in a total of Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Senthil Garden Extension?

The Sub Registrar Office that covers Senthil Garden Extension is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when buying or selling property in Nandambakkam. It serves as a benchmark for determining the minimum value of a property, ensuring that transactions are registered at a fair value as per the government regulations.

During the registration process, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, thus impacting the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Senthil Garden Extension?

The current guideline value of Senthil Garden Extension is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 800 per sq.ft to Rs 1,320 per sq.ft in 2024, which is an overall increase of 65%.

What are the other streets in Nandambakkam and their guideline values?

Other streets in Nandambakkam include Senthil Garden at Rs 990 per sq.ft, Selvaganapathy Nagar at Rs 440 per sq.ft, Shoba Evergreens at Rs 1,870 per sq.ft, Sathyamurthy Nagar at Rs 720 per sq.ft, Singai Prakash Garden at Rs 990 per sq.ft, and SKS Avenue at Rs 990 per sq.ft, all for the year 2024.

What is the stamp duty rate applicable in Senthil Garden Extension?

The stamp duty rate applicable in Senthil Garden Extension is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Senthil Garden Extension?

The Sub Registrar Office for Senthil Garden Extension is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.