Guideline Value for Trident Garden Phase I to X

Trident Garden Phase I to X guideline value

The current guideline value of Trident Garden Phase I to X is Rs 2,090 per sq.ft. This property is located in Kunrathour-B village, under the Kunrathur SRO, and is classified as Mixed Special Type - II.

How the guideline value of Trident Garden Phase I to X has changed

The guideline value for Trident Garden has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision, marking a 49% rise. The most recent 2024 revision has set the guideline value at Rs 2,090 per sq.ft, reflecting a 10% increase from 2023. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Thus, the changes highlighted are only between the years for which figures are provided.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Trident Garden Phase I to X above this median.

• Udayam Nagar: Rs 1,760 per sq.ft (2024)
• Vadavandai Street: Rs 1,540 per sq.ft (2024)
• Thoppu Street Natham: Rs 1,540 per sq.ft (2024)
• Thiru Vooraga Perumal Nagar: Rs 1,540 per sq.ft (2024)
• Vaithilingam Nagar: Rs 4,580 per sq.ft (2024)
• Thiruvenkadam Avenue: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Trident Garden Phase I to X

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value amounts to Rs 20,90,000. The stamp duty at 7% would be Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, bringing the total cost for these fees to Rs 1,88,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Trident Garden Phase I to X?

The Sub Registrar Office that covers Trident Garden Phase I to X is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor when registering property transactions in Kunrathour-B. It serves as a benchmark for determining the minimum value at which properties can be sold and registered, ensuring transparency in real estate transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for legal documentation. This ensures that all parties involved are aware of the financial obligations tied to the property transfer.

Frequently asked questions

What is the current guideline value of Trident Garden Phase I to X?

The current guideline value of Trident Garden Phase I to X is Rs 2,090 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 1,273 per sq.ft to Rs 2,090 per sq.ft in 2024, which is an overall increase of 64%.

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

For a property valued at Rs 20,90,000, the stamp duty would be Rs 1,46,300 and the registration fee would be Rs 41,800, totaling Rs 1,88,100.

Which office handles property registrations for Trident Garden Phase I to X?

The Kunrathur Sub Registrar Office handles property registrations for Trident Garden Phase I to X, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for Trident Garden Phase I to X?

The land classification for Trident Garden Phase I to X is Mixed Special Type - II.