Guideline Value for SUNDARAM GARDEN

Sundaram Garden guideline value

The current guideline value of Sundaram Garden, located in Karanaipuducheri village, is Rs 1,642 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Mixed Type - III land.

How the guideline value of Sundaram Garden has changed

In the 2023 revision, the guideline value for Sundaram Garden was Rs 1,642 per sq.ft. This figure remained unchanged in the 2024 revision, indicating a 0% change from the previous year. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

Thus, the guideline value has consistently been Rs 1,642 per sq.ft for 2023 and 2024. The absence of figures in earlier revisions suggests stability in the valuation for this area over the years.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,239 per sq.ft. The median value for these streets is Rs 802 per sq.ft, placing Sundaram Garden's 2024 value above this median.

• Survey Number 3.4,6 All Subdivision: Rs 701 per sq.ft (2024)
• Susee Avenue: Rs 1,000 per sq.ft (2024)
• Subramaniyapuram: Rs 400 per sq.ft (2024)
• Teacher's DJM City: Rs 1,200 per sq.ft (2024)
• Subasri Nagar: Rs 1,200 per sq.ft (2024)
• Sri Vasudeva Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Sundaram Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,642 per sq.ft, the total guideline value amounts to Rs 16,42,000. The stamp duty at 7% would be Rs 1,14,940, and the registration fee at 2% would be Rs 32,840, bringing the total fees to Rs 1,47,780. 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 Sundaram Garden?

The Sundaram Garden area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Karanaipuducheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sundaram Garden?

The current guideline value of Sundaram Garden is Rs 1,642 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sundaram Garden has remained unchanged at Rs 1,642 per sq.ft from 2023 to 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What is the median guideline value in Karanaipuducheri?

The median guideline value for the 108 streets in Karanaipuducheri is Rs 802 per sq.ft. Sundaram Garden's guideline value is above this median.

What are the stamp duty and registration fees for a property in Sundaram Garden?

For a property valued at Rs 16,42,000, the stamp duty would be Rs 1,14,940 and the registration fee would be Rs 32,840, totaling Rs 1,47,780. The fees are based on the higher of the guideline value or the sale price.

Which office handles the registration for Sundaram Garden?

The Gooduvancheri Sub Registrar Office handles registrations for Sundaram Garden. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.