Guideline Value for SKS GANESA GARDEN

Sks Ganesa Garden guideline value

The current guideline value of Sks Ganesa Garden in Kayirambedu village, under the Chengleput Joint II SRO, is Rs 2,986 per sq.ft, effective from 1 July 2024. This area is classified as Mixed Type - III.

How the guideline value of Sks Ganesa Garden has changed

In the 2023 revision, the guideline value for Sks Ganesa Garden was recorded at Rs 2,986 per sq.ft. The same figure was maintained in the 2024 revision, indicating no change in the guideline value from the previous year, with a percentage change of +0% between 2023 and 2024. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

This consistent guideline value reflects stability in the assessment for Sks Ganesa Garden over the last two revisions. The absence of figures in earlier years indicates that there has been no recorded guideline value for this street prior to 2023.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 400 to Rs 3,550 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value for Sks Ganesa Garden is above this median, indicating its higher valuation compared to many other streets in the village.

• Sks Kathirvelan Garden: Rs 2,389 per sq.ft (2024)
• S.K.S. Star Light Avenue: Rs 1,045 per sq.ft (2024)
• Siva Venkatapuram: Rs 700 per sq.ft (2024)
• S Na Garden: Rs 900 per sq.ft (2024)
• Snt Nagar: Rs 2,389 per sq.ft (2024)
• Sorna Bungalow Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Sks Ganesa Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,986 per sq.ft, the total guideline value amounts to Rs 29,86,000. The stamp duty at 7% would be Rs 2,09,020, and the registration fee at 2% would be Rs 59,720, bringing the total cost to Rs 2,68,740. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sks Ganesa Garden?

The Sks Ganesa Garden falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 is a crucial factor in the registration process for property transactions in Kayirambedu. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value helps both parties understand the minimum value at which the property should be registered. This value is used to calculate the applicable stamp duty and registration fees, which are mandatory for any legal property transaction.

Frequently asked questions

What is the current guideline value of Sks Ganesa Garden?

The current guideline value of Sks Ganesa Garden is Rs 2,986 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sks Ganesa Garden has remained unchanged at Rs 2,986 per sq.ft from 2023 to 2024. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Sks Ganesa Garden?

Sks Ganesa Garden is classified as Mixed Type - III, which indicates the nature of land use in that area.

What are the stamp duty and registration fees for property in Sks Ganesa Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 29,86,000. The stamp duty at 7% amounts to Rs 2,09,020, and the registration fee at 2% is Rs 59,720, totaling Rs 2,68,740.

Which office handles registrations for Sks Ganesa Garden?

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