Guideline Value for SRI GANAPATHY NAGAR COLONY EXTN - V

Sri Ganapathy Nagar Colony Extn - V guideline value

The current guideline value for Sri Ganapathy Nagar Colony Extn - V is Rs 660 per sq.ft, effective from 1 July 2024. This area is located in Panangottur village and falls under the Chengleput Joint II SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Sri Ganapathy Nagar Colony Extn - V has changed

The guideline value for Sri Ganapathy Nagar Colony Extn - V has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 660 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 600 per sq.ft. Prior to this, there are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value has increased from Rs 600 per sq.ft in 2023 to Rs 660 per sq.ft in 2024. The previous revisions do not provide any figures for this street, indicating a lack of recorded changes in those years.

Guideline values in Panangottur

In Panangottur, there are 419 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median value for these streets is Rs 990 per sq.ft, placing the guideline value of Sri Ganapathy Nagar Colony Extn - V below this median.

• Sri Ganapathy Garden Permanur (Ward -15): Rs 440 per sq.ft (2024)
• Sri Chandra Surya Gardens (Ward -15): Rs 990 per sq.ft (2024)
• Sri Bhuvaneswari Avenue Peramanur (Ward -15): Rs 660 per sq.ft (2024)
• Sri Bavani Nagar Peramanur (Ward -15): Rs 440 per sq.ft (2024)
• Sri Krishna 4th Street Korukanthangal (Ward -18): Rs 660 per sq.ft (2024)
• Sri Balaji Nagar(West) Kattankolathur (Ward -18): Rs 990 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Ganapathy Nagar Colony Extn - V

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total to Rs 59,400. Please note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Ganapathy Nagar Colony Extn - V?

The Sri Ganapathy Nagar Colony Extn - V is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role when buying or selling property in Panangottur. It serves as a reference point for determining the amount of stamp duty and registration fees that need to be paid during the transaction process.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both the buyer and seller are aware of the financial obligations involved in the transaction. This helps maintain transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sri Ganapathy Nagar Colony Extn - V?

The current guideline value of Sri Ganapathy Nagar Colony Extn - V is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 600 per sq.ft in 2023 to Rs 660 per sq.ft in 2024. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sri Ganapathy Nagar Colony Extn - V?

The land classification for Sri Ganapathy Nagar Colony Extn - V is Residential Class I Type - III.

What are the other guideline values in Panangottur?

In Panangottur, the guideline values for other streets range from Rs 440 to Rs 2,200 per sq.ft, with a median value of Rs 990 per sq.ft. Sri Ganapathy Nagar Colony Extn - V has a guideline value below this median.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can also find your specific SRO using the provided link.