Guideline Value for SRI VIJAYALAKSHMI GARDEN @ TEMPLE CITY

Sri Vijayalakshmi Garden @ Temple City guideline value

The current guideline value for Sri Vijayalakshmi Garden @ Temple City is Rs 2,160 per sq.ft, effective from 1 July 2024. This property is located in Kunrathour-A village under the Kunrathur SRO, classified as Residential Class V Type - IV.

How the guideline value of Sri Vijayalakshmi Garden @ Temple City has changed

The guideline value register for Sri Vijayalakshmi Garden @ Temple City shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision available is from 2024, which is Rs 2,160 per sq.ft.

As per the 2024 revision, the guideline value for this street is set at Rs 2,160 per sq.ft. There have been no changes between the revisions available for this street.

Guideline values in Kunrathour-A

In Kunrathour-A, there are 45 streets under the Kunrathur SRO that have a 2024 guideline value ranging from Rs 1,210 to Rs 5,123 per sq.ft, with a median value of Rs 1,760 per sq.ft. The guideline value for Sri Vijayalakshmi Garden @ Temple City is above this median.

• Sri Sakthi Amman Nagar Extension: Rs 3,025 per sq.ft (2024)
• Subramanyapuram: Rs 1,800 per sq.ft (2024)
• Sulochana Nagar: Rs 1,760 per sq.ft (2024)
• Temple View Garden: Rs 1,800 per sq.ft (2024)
• Sri Chakra Nagar: Rs 2,860 per sq.ft (2024)
• The Temple Town: Rs 1,540 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Vijayalakshmi Garden @ Temple City

For a 1,000 sq.ft plot at the current guideline value of Rs 2,160 per sq.ft, the total guideline value amounts to Rs 21,60,000. The stamp duty is charged at 7%, which totals Rs 1,51,200, while the registration fee is 2%, amounting to Rs 43,200. Together, the total cost for stamp duty and registration fee is Rs 1,94,400. Please note that 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 Vijayalakshmi Garden @ Temple City?

The Sub Registrar Office that covers Sri Vijayalakshmi Garden @ Temple City is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kunrathour-A

The guideline value is a critical factor during property registration in Kunrathour-A. It serves as a reference point for determining the stamp duty and registration fees applicable to a property transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for both the buyer and seller. It helps in maintaining transparency in property dealings within the region.

Frequently asked questions

What is the current guideline value for Sri Vijayalakshmi Garden @ Temple City?

The current guideline value for Sri Vijayalakshmi Garden @ Temple City is Rs 2,160 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available revision is from 2024, which is Rs 2,160 per sq.ft.

What are the guideline values for other streets in Kunrathour-A?

Other streets in Kunrathour-A have guideline values ranging from Rs 1,210 to Rs 5,123 per sq.ft. The median value for these streets is Rs 1,760 per sq.ft.

What is the stamp duty for property in Sri Vijayalakshmi Garden @ Temple City?

The stamp duty for a property valued at Rs 21,60,000 in Sri Vijayalakshmi Garden @ Temple City is Rs 1,51,200, calculated at 7% of the guideline value.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles the registration of properties in the area.