Guideline Value for Sameera Garden

Sameera Garden guideline value

The current guideline value of Sameera Garden in Nenmeli village is Rs 600 per sq.ft, effective from the 2024 revision. This property falls under the Chengleput Joint I SRO and is classified as Mixed Type - III land.

How the guideline value of Sameera Garden has changed

Over the years, the guideline value for Sameera Garden has seen several revisions. The 2012 revision set the value at Rs 600 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 600 per sq.ft. The 2017 revision marked a significant change, decreasing the rate to Rs 402 per sq.ft, which was a 33% drop from the previous revision. Notably, there are no registered figures for the years 2002, 2003, and 2007 for this street.

As of the 2024 revision, the guideline value remains at Rs 600 per sq.ft, reflecting no change from the previous year. The overall change from 2012 to 2024 shows that the value has not increased over this period, remaining stable at Rs 600 per sq.ft since 2012.

Guideline values in Nenmeli

Nenmeli village has a total of 53 streets under the Chengleput Joint I SRO, with guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 612 per sq.ft, indicating that Sameera Garden's 2024 figure is below this median.

• Sai Thirumala nagar: Rs 600 per sq.ft (2024)
• Sai Suja Avenue: Rs 600 per sq.ft (2024)
• Sai Saraswathi Nagar: Rs 800 per sq.ft (2024)
• Sai Ram nagar: Rs 550 per sq.ft (2024)
• Sailakshmi Nagar: Rs 600 per sq.ft (2024)
• Sai City: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in Sameera 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 or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sameera Garden?

The Sub Registrar Office that covers Sameera Garden is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Nenmeli. It is used to determine the stamp duty and registration fees applicable during the transaction, ensuring that these costs are calculated based on the officially recognized value of the property.

When registering a property, buyers must consider the guideline value as it may influence their overall expenses. The registration process requires the payment of fees based on this value, making it essential for buyers to be aware of the current guideline rates.

Frequently asked questions

What is the current guideline value of Sameera Garden?

The current guideline value of Sameera Garden is Rs 600 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Sameera Garden has remained at Rs 600 per sq.ft since 2012, with a previous drop to Rs 402 per sq.ft in 2017. There are no registered figures for the years 2002, 2003, and 2007 for this street.

What is the land classification of Sameera Garden?

Sameera Garden is classified as Mixed Type - III land under the Chengleput Joint I SRO.

How do the guideline values in Nenmeli compare?

The guideline values in Nenmeli range from Rs 400 to Rs 2,500 per sq.ft, with a median value of Rs 612 per sq.ft. Sameera Garden's current value is below this median.

Where can I find the Sub Registrar Office for Sameera Garden?

The Sub Registrar Office for Sameera Garden is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information about your SRO online.