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, effective from 1 July 2024. This property is located in Vadakal_C village, under the Sriperumpudur SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Sri Dhanushkodi Garden has changed

Since the 2017 revision, the guideline value for Sri Dhanushkodi Garden has seen a significant increase. The 2017 revision set the value at Rs 402 per sq.ft, which remained unchanged at Rs 600 per sq.ft in the 2023 revision. The 2024 revision also maintains this value, resulting in an overall increase of 49% from 2017 to 2024.

For the years 2002, 2003, 2007, and 2012, the register has no figure for this street. The guideline value has remained stable at Rs 600 per sq.ft from 2023 to 2024, reflecting no change during that period.

Guideline values in Vadakal_C

In Vadakal_C, there are 61 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,500 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Sri Dhanushkodi Garden above this median.

• Sri Baba Nagar ph.III: Rs 550 per sq.ft (2024)
• Sri Baba Nagar Phase-IV: Rs 600 per sq.ft (2024)
• Sri Aurobindo Vasantham Nature City: Rs 200 per sq.ft (2024)
• Sri Aurobindo Nagar Part - II: Rs 150 per sq.ft (2024)
• Sri Madha Nagar: Rs 500 per sq.ft (2024)
• S&p Elegance: Rs 205 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 amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total charges to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value and 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_C

The guideline value is a crucial factor during property transactions in Vadakal_C, as it determines the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must consider this value to ensure they comply with legal requirements and accurately calculate their costs.

When registering a property, the guideline value serves as the basis for calculating the stamp duty and registration fees, which are mandatory payments that must be made to the government. It is essential for both parties in a transaction to be aware of the current guideline value to avoid any discrepancies during the registration process.

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, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 600 per sq.ft from 2023 to 2024. From 2017 to 2023, it increased by 49% from Rs 402 per sq.ft to Rs 600 per sq.ft.

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

Other streets in Vadakal_C include Sri Baba Nagar ph.III at Rs 550 per sq.ft, Sri Baba Nagar Phase-IV at Rs 600 per sq.ft, and several others ranging from Rs 150 to Rs 1,500 per sq.ft.

What is the registration fee for property in Sri Dhanushkodi Garden?

The registration fee for property in Sri Dhanushkodi Garden is calculated based on the guideline value. For example, for a property valued at Rs 6,00,000, the registration fee would be Rs 12,000 at 2%.

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

The Sub Registrar Office for Sri Dhanushkodi Garden is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more information by visiting the appropriate link.