Guideline Value for TEMBLEGARDEN

Temblegarden guideline value

The current guideline value of Temblegarden, located in Perumaleri village under the Thirukazhukundram SRO, is Rs 550 per sq.ft as per the 2024 revision. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Temblegarden has changed

According to the guideline value register, there are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Temblegarden. The most recent revisions show a guideline value of Rs 500 per sq.ft in 2023, which increased by 10% to Rs 550 per sq.ft in the 2024 revision.

This 2024 figure aligns with the median guideline value of Rs 550 per sq.ft for the nine streets in Perumaleri under the Thirukazhukundram SRO. The previous revision in 2023 was Rs 500 per sq.ft, marking a significant change in the guideline value.

Guideline values in Perumaleri

In Perumaleri, the guideline values for various streets range from Rs 370 to Rs 1,500 per sq.ft, with the median value being Rs 550 per sq.ft. Temblegarden's 2024 guideline value is equal to this median. The following are the guideline values for other streets in Perumaleri:

• Vasanthapuri Extension Alias Vasanthapuri Western Extension Part I: Rs 550 per sq.ft (2024)
• Ziva Apartment: Rs 550 per sq.ft (2024)
• Ziva Hamsadhwani: Rs 555 per sq.ft (2024)
• Ziva Villa: Rs 370 per sq.ft (2024)
• Chithra Avenue: Rs 550 per sq.ft (2024)
• Vanavil Privilege: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Temblegarden

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total charges to Rs 49,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Temblegarden?

The Sub Registrar Office that covers Temblegarden is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Perumaleri. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value will be used to calculate the applicable duties and fees, ensuring that both the buyer and seller comply with the legal requirements set forth by the registration department.

Frequently asked questions

What is the current guideline value of Temblegarden?

The current guideline value of Temblegarden is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Temblegarden has changed from Rs 500 per sq.ft in 2023 to Rs 550 per sq.ft in 2024, marking a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What are the guideline values of other streets in Perumaleri?

The guideline values of other streets in Perumaleri range from Rs 370 to Rs 1,500 per sq.ft. Temblegarden's value of Rs 550 per sq.ft matches the median value for the area.

How is stamp duty calculated in Temblegarden?

Stamp duty in Temblegarden is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 38,500 based on the current guideline value.

Where can I find the Sub Registrar Office for Temblegarden?

The Sub Registrar Office for Temblegarden is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find more information by visiting the registration department's website.