Guideline Value for THE GARDENIA EXTENSION

The Gardenia Extension guideline value

The current guideline value of The Gardenia Extension is Rs 2,500 per sq.ft. This area is located in Puthupakkam village and falls under the Thiruporur SRO. The land classification for this property is Commercial Class I Type - I.

How the guideline value of The Gardenia Extension has changed

According to the guideline value register, there have been several revisions for The Gardenia Extension. The earliest recorded revision is from 2002, but the register has no figure for this street in that year. The same applies to the revisions in 2003, 2007, 2012, and 2017, where no figures are available for this street.

The most recent revision in 2023 lists the guideline value at Rs 2,500 per sq.ft. There have been no changes between the revisions above, making the 2023 figure the only available guideline value for this street.

Guideline values in Puthupakkam

Currently, there are no specific village figures available for Puthupakkam. The Gardenia Extension is the only street mentioned, and there are no other streets in Puthupakkam under the Thiruporur SRO.

Stamp duty and registration fee for property in The Gardenia Extension

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, bringing the total to Rs 2,25,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers The Gardenia Extension?

The Gardenia Extension is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit this link.

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

The guideline value plays a crucial role in property transactions in Puthupakkam. It serves as the benchmark for calculating stamp duty and registration fees during the purchase or sale of a property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is used to determine the applicable fees, which are based on either the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of The Gardenia Extension?

The current guideline value of The Gardenia Extension is Rs 2,500 per sq.ft as per the 2023 revision.

What is the land classification for The Gardenia Extension?

The land classification for The Gardenia Extension is Commercial Class I Type - I.

Have there been any changes in guideline values for The Gardenia Extension?

No changes have been recorded in the guideline values for The Gardenia Extension between the revisions. The only available figure is from the 2023 revision.

Where is the Thiruporur SRO located?

The Thiruporur SRO is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is stamp duty calculated for properties in The Gardenia Extension?

Stamp duty for properties in The Gardenia Extension is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,75,000.