Guideline Value for S.L GREEN CITY

S.L Green City guideline value

The current guideline value for S.L Green City is Rs 770 per sq.ft, effective from 1 July 2024. This property is located in Navaloor village under the Padappai SRO, classified as Residential Special Type - I.

How the guideline value of S.L Green City has changed

In the 2023 revision, the guideline value was Rs 700 per sq.ft. The latest 2024 revision has increased this value to Rs 770 per sq.ft, marking a change of +10%. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the only revisions with figures are from 2023 and 2024. The increase from 2023 to 2024 indicates a shift in the valuation of properties in this area.

Guideline values in Navaloor

In Navaloor, there are 26 streets under the Padappai SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,000 per sq.ft, with a median value of Rs 550 per sq.ft. The guideline value for S.L Green City is above this median, reflecting its unique characteristics.

• S.L.S Nagar: Rs 550 per sq.ft (2024)
• Sree Varalakshmi Avenue: Rs 550 per sq.ft (2024)
• Sri Ganeshji Nagar: Rs 440 per sq.ft (2024)
• Sri Krishna Nagar Part - I: Rs 550 per sq.ft (2024)
• Sri Krishna Nagar Part - I S.Nos.2/2b1, 2b2: Rs 550 per sq.ft (2024)
• Srinivasa Perumal Nagar: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in S.L Green City

For a 1,000 sq.ft plot at the current rate of Rs 770 per sq.ft, the guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, totaling Rs 69,300. 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 more details.

Which Sub Registrar Office covers S.L Green City?

The Sub Registrar Office that covers S.L Green City is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When you buy or sell property in Navaloor, the guideline value helps in calculating the stamp duty and registration fees that need to be paid during the registration process.

It is essential to be aware of the guideline value to ensure compliance with local regulations and to avoid any legal issues during the transaction. Buyers and sellers should refer to the latest guideline values to understand their financial obligations accurately.

Frequently asked questions

What is the current guideline value of S.L Green City?

The current guideline value of S.L Green City is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

The guideline value increased from Rs 700 per sq.ft in 2023 to Rs 770 per sq.ft in 2024, reflecting a change of +10%.

What is the land classification for S.L Green City?

S.L Green City is classified as Residential Special Type - I under the Padappai SRO.

What are the other streets in Navaloor and their guideline values?

Other streets in Navaloor include S.L.S Nagar, Sree Varalakshmi Avenue, Sri Ganeshji Nagar, Sri Krishna Nagar Part - I, Sri Krishna Nagar Part - I S.Nos.2/2b1, 2b2, and Srinivasa Perumal Nagar, with guideline values ranging from Rs 440 to Rs 550 per sq.ft.

Where can I find the Sub Registrar Office for S.L Green City?

The Sub Registrar Office for S.L Green City is located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.