Guideline Value for SADAANANDAA HOMES

Sadaanandaa Homes guideline value

The current guideline value of Sadaanandaa Homes is Rs 111 per sq.ft, effective from 1 July 2024. This property is located in Alapakkam village, under the Arani_Tiruvallur SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Sadaanandaa Homes has changed

According to the guideline value register, there are no figures available for Sadaanandaa Homes for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision recorded a guideline value of Rs 111 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 111 per sq.ft, resulting in a change of +0% from 2023 to 2024.

This indicates that the guideline value has remained consistent over the last two revisions. The current rate aligns with the median guideline value for Alapakkam, which also stands at Rs 111 per sq.ft for 2024.

Guideline values in Alapakkam

In Alapakkam, five streets under the Arani_Tiruvallur SRO have a 2024 guideline value ranging from Rs 100 to Rs 111 per sq.ft. Sadaanandaa Homes sits at the median value of Rs 111 per sq.ft.

• Sri Amman Nagar: Rs 100 per sq.ft (2024)
• Sri Dhanalakshmi Nagar: Rs 100 per sq.ft (2024)
• Sri Gajalakshmi Nagar: Rs 111 per sq.ft (2024)
• Sri Gejalakshmi Nagar: Rs 111 per sq.ft (2024)

Stamp duty and registration fee for property in Sadaanandaa Homes

For a 1,000 sq.ft plot at the current guideline value of Rs 111 per sq.ft, the total guideline value would be Rs 1,11,000. The stamp duty at 7% would amount to Rs 7,770, while the registration fee at 2% would be Rs 2,220, bringing the total fees to Rs 9,990. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sadaanandaa Homes?

The Sub Registrar Office covering Sadaanandaa Homes is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101, Chennai registration zone. You can find your SRO for more information.

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

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

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate taxes based on the property's value.

Frequently asked questions

What is the current guideline value of Sadaanandaa Homes?

The current guideline value of Sadaanandaa Homes is Rs 111 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sadaanandaa Homes has remained at Rs 111 per sq.ft for both the 2023 and 2024 revisions, with no figures available for previous years such as 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Alapakkam with guideline values?

Other streets in Alapakkam include Sri Amman Nagar and Sri Dhanalakshmi Nagar at Rs 100 per sq.ft, and Sri Gajalakshmi Nagar and Sri Gejalakshmi Nagar at Rs 111 per sq.ft for 2024.

What are the stamp duty and registration fees for Sadaanandaa Homes?

For a 1,000 sq.ft plot at the guideline value of Rs 111 per sq.ft, the total guideline value is Rs 1,11,000. The stamp duty is Rs 7,770, and the registration fee is Rs 2,220, totaling Rs 9,990.

Where is the Sub Registrar Office for Sadaanandaa Homes located?

The Sub Registrar Office for Sadaanandaa Homes is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101, Chennai registration zone.