Guideline Value for SriDevi Green Farms

SriDevi Green Farms guideline value

The current guideline value of SriDevi Green Farms is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Podavoor village, under the Sunguvarchattram SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of SriDevi Green Farms has changed

The guideline value for SriDevi Green Farms has undergone several revisions over the years. The most recent revisions show that in 2024, the value is Rs 200 per sq.ft, which is the same as the 2023 revision. The 2017 revision recorded a guideline value of Rs 134 per sq.ft, marking a significant increase of 49% from 2017 to 2023. The 2012 revision also had a guideline value of Rs 200 per sq.ft, indicating a decrease of 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value remains unchanged at Rs 200 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. The lack of data in these years means that the changes in guideline value are only reflected in the available revisions from 2012 onwards.

Guideline values in Podavoor

In Podavoor village, there are 20 streets under the Sunguvarchattram SRO that have a 2024 guideline value ranging from Rs 181 to Rs 600 per sq.ft, with a median value of Rs 250 per sq.ft. The guideline value for SriDevi Green Farms is below this median.

• SriDevi Teak Garden: Rs 200 per sq.ft (2024)
• Thiyagaraj Nagar: Rs 500 per sq.ft (2024)
• Thulukanathamman Street: Rs 181 per sq.ft (2024)
• Ponjothi Garden: Rs 500 per sq.ft (2024)
• well Street: Rs 181 per sq.ft (2024)
• Padavattamman Kovil Street: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in SriDevi Green Farms

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, making a total of Rs 18,000. 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 detailed calculations.

Which Sub Registrar Office covers SriDevi Green Farms?

The Sub Registrar Office covering SriDevi Green Farms is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor when registering properties in Podavoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property transactions. Buyers and sellers must be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

When a property is bought or sold, the registration office uses the guideline value to calculate the applicable fees. This ensures that the transaction is recorded accurately and that the appropriate taxes are levied based on the established guideline value.

Frequently asked questions

What is the current guideline value of SriDevi Green Farms?

The current guideline value of SriDevi Green Farms is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2012 to 2024, while it increased from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023, marking a 49% rise.

What are the guideline values of other streets in Podavoor?

Other streets in Podavoor have varying guideline values, with rates ranging from Rs 181 to Rs 600 per sq.ft. The median value for these streets is Rs 250 per sq.ft.

What are the stamp duty and registration fees for properties in SriDevi Green Farms?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which Sub Registrar Office covers the registration for properties in SriDevi Green Farms?

The Sunguvarchattram Sub Registrar Office covers the registration for properties in SriDevi Green Farms, located at Vadivamal Nagar Kandigai Road, opposite Caparo Company, Sunguvarchatram, Chengalpattu registration zone.