Guideline Value for SRI DHANUSHKODI GARDEN

Sri Dhanushkodi Garden guideline value

The current guideline value of Sri Dhanushkodi Garden is Rs 600 per sq.ft. This property is located in Vadakal_B village, under the Sriperumpudur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Sri Dhanushkodi Garden has changed

In the 2017 revision, the guideline value for Sri Dhanushkodi Garden was Rs 402 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 600 per sq.ft. The current 2024 revision has also set the guideline value at Rs 600 per sq.ft, reflecting no change from the previous year.

From 2017 to 2023, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by the same percentage of 49% as well.

Guideline values in Vadakal_B

In Vadakal_B, there are 34 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,900 per sq.ft. The median guideline value for the village is Rs 300 per sq.ft, placing Sri Dhanushkodi Garden's value above this median.

• Sri Aurobindo Vasantham Nature City: Rs 200 per sq.ft (2024)
• Sri Aurobindo Nagar Part - II: Rs 150 per sq.ft (2024)
• Sriperumpudur Chengalpattu Road: Rs 600 per sq.ft (2024)
• Sivan Koil Street: Rs 300 per sq.ft (2024)
• Sri sathya sai Nagar: Rs 500 per sq.ft (2024)
• Thalaiyari Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Dhanushkodi Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees together to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Dhanushkodi Garden?

The Sub Registrar Office that covers Sri Dhanushkodi Garden is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vadakal_B. It determines the amount of stamp duty and registration fees payable, which are calculated based on this value.

When a property transaction occurs, the guideline value serves as a reference point for the authorities to assess the transaction's legitimacy. It ensures that the property is registered at a value that reflects the current market conditions as per the official guidelines.

Frequently asked questions

What is the current guideline value of Sri Dhanushkodi Garden?

The current guideline value of Sri Dhanushkodi Garden is Rs 600 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

From the 2017 revision of Rs 402 per sq.ft, the guideline value increased to Rs 600 per sq.ft in both the 2023 and 2024 revisions, reflecting a 49% increase overall from 2017 to 2024.

What is the median guideline value in Vadakal_B?

The median guideline value in Vadakal_B is Rs 300 per sq.ft, which is lower than the current value of Sri Dhanushkodi Garden.

What are the stamp duty and registration fees for property in Sri Dhanushkodi Garden?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000 in fees.

Where is the Sub Registrar Office for Sri Dhanushkodi Garden located?

The Sub Registrar Office for Sri Dhanushkodi Garden is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.