Guideline Value for SRI DEEPAN BALAJI GARDEN

Sri Deepan Balaji Garden guideline value

The current guideline value of Sri Deepan Balaji Garden is Rs 605 per sq.ft, effective from 1 July 2024. This property is located in Venpedu village under the Thiruporur SRO, classified as Mixed Type - II land.

How the guideline value of Sri Deepan Balaji Garden has changed

According to the guideline value register, there have been no recorded figures for Sri Deepan Balaji Garden in the revisions from 2002, 2003, 2007, 2012, and 2017. The most recent revisions are from 2023 and 2024, both showing a guideline value of Rs 605 per sq.ft, indicating no change between these two years (+0%).

The 2024 revision is the first recorded value for this street since the 2017 revision, which had no figure available. The consistent value of Rs 605 per sq.ft across the 2023 and 2024 revisions suggests stability in the guideline value for this property.

Guideline values in Venpedu

In Venpedu, there are 24 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 605 to Rs 2,100 per sq.ft, with a median value of Rs 1,784 per sq.ft. Sri Deepan Balaji Garden's guideline value is below this median.

• Thangam Enclave: Rs 605 per sq.ft (2024)
• Top City: Rs 1,330 per sq.ft (2024)
• Metro Omr Castle City New Extension Phase VI: Rs 1,330 per sq.ft (2024)
• Metro Omr Castle City New Extension Phase V: Rs 1,330 per sq.ft (2024)
• Metro Omr Castle City New Extension Phase IV: Rs 1,330 per sq.ft (2024)
• Metro Omr Castle City Extn Ph III: Rs 1,784 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Deepan Balaji Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 605 per sq.ft, the total guideline value amounts to Rs 6,05,000. The stamp duty, charged at 7%, would be Rs 42,350, while the registration fee at 2% would be Rs 12,100. Together, the total fees would be Rs 54,450. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Deepan Balaji Garden?

The Sri Deepan Balaji Garden 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 additional assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Venpedu. It serves as a reference point for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is registered, the guideline value is compared with the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sri Deepan Balaji Garden?

The current guideline value of Sri Deepan Balaji Garden is Rs 605 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no recorded figures for Sri Deepan Balaji Garden in the revisions from 2002, 2003, 2007, 2012, and 2017. The guideline value remained at Rs 605 per sq.ft for both the 2023 and 2024 revisions.

What is the median guideline value in Venpedu?

The median guideline value in Venpedu for 2024 is Rs 1,784 per sq.ft, with Sri Deepan Balaji Garden's value being below this median.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2%. For a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 54,450.

Where can I find the Sub Registrar Office for Sri Deepan Balaji Garden?

The Thiruporur Sub Registrar Office covers Sri Deepan Balaji Garden and is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.