Guideline Value for SAI AVENUE

Sai Avenue guideline value

The current guideline value of Sai Avenue in Vilangadupakkam village is Rs 747 per sq.ft, effective from 1 July 2024. This street falls under the Redhills Sub Registrar Office (SRO) and is classified as Mixed Special Type - II land.

How the guideline value of Sai Avenue has changed

The guideline value for Sai Avenue has remained consistent at Rs 747 per sq.ft since the 2023 revision. Prior to that, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the 2024 revision shows a guideline value of Rs 747 per sq.ft, which is the same as the 2023 revision. There has been no percentage change between these two revisions, indicating stability in the guideline value for this street.

Guideline values in Vilangadupakkam

In Vilangadupakkam, there are 160 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 365 to Rs 1,792 per sq.ft, with a median value of Rs 440 per sq.ft. Sai Avenue's guideline value is above this median.

• Sabarish Garden: Rs 440 per sq.ft (2024)
• Sakthi Nagar: Rs 440 per sq.ft (2024)
• Revathi Nagar: Rs 440 per sq.ft (2024)
• Sangeetha Nagar: Rs 770 per sq.ft (2024)
• R.C. Blooming Garden: Rs 1,200 per sq.ft (2024)
• Sapthagirivasa Nagar: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 747 per sq.ft, the total guideline value amounts to Rs 7,47,000. The stamp duty at 7% would be Rs 52,290, and the registration fee at 2% would be Rs 14,940, making the total cost for these fees Rs 67,230. Please note that the duty is charged on the higher of the guideline value and the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sai Avenue?

The Sub Registrar Office that covers Sai Avenue is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Vilangadupakkam. It is used to determine the stamp duty and registration fees that must be paid when a property is sold or purchased.

When you register a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the state receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sai Avenue?

The current guideline value of Sai Avenue is Rs 747 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Avenue has remained at Rs 747 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sai Avenue?

Sai Avenue is classified as Mixed Special Type - II land under the Redhills SRO.

What are the stamp duty and registration fees for a property in Sai Avenue?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 7,47,000. The stamp duty would be Rs 52,290, and the registration fee would be Rs 14,940, totaling Rs 67,230.

Where is the Sub Registrar Office for Sai Avenue located?

The Sub Registrar Office covering Sai Avenue is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.