Guideline Value

Corporate

Guideline Value for SAI BEVERLY HILLS PHASE IV

₹2300/sq.ft.

The guideline value for Sai Beverly Hills Phase Iv in Varadarajapuram village (Padappai SRO, Chennai zone) is Rs 2300 per sq.ft, effective 1 July 2024. It was Rs 2090 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Varadarajapuram

Village

Padappai

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹2300 /sq.ft.
From 1-4-2023 ₹2090 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sai Beverly Hills Phase Iv

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Sai Beverly Hills Phase IV guideline value

The current guideline value of Sai Beverly Hills Phase IV is Rs 2,300 per sq.ft, effective from 1 July 2024. This property is located in Varadarajapuram village under the Padappai SRO, classified as Residential Special Type - III.

How the guideline value of Sai Beverly Hills Phase IV has changed

The guideline value for Sai Beverly Hills Phase IV has experienced several revisions over the years. The most recent revision in 2024 set the value at Rs 2,300 per sq.ft, an increase of 10% from the 2023 revision, which was Rs 2,090 per sq.ft. The register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

Prior to the 2023 revision, the guideline values for the years listed were not available for this street. The 2024 figure reflects its current status among other residential properties in the area.

Guideline values in Varadarajapuram

In Varadarajapuram, there are 250 streets under the Padappai SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 4,100 per sq.ft, with a median value of Rs 1,650 per sq.ft. Sai Beverly Hills Phase IV's current value is above this median.

Stamp duty and registration fee for property in Sai Beverly Hills Phase IV

For a 1,000 sq.ft plot at the current rate of Rs 2,300 per sq.ft, the guideline value amounts to Rs 23,00,000. The stamp duty at 7% would be Rs 1,61,000, while the registration fee at 2% would be Rs 46,000, totaling Rs 2,07,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sai Beverly Hills Phase IV?

The Sub Registrar Office that covers Sai Beverly Hills Phase IV 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 Varadarajapuram

The guideline value is a crucial factor in property transactions in Varadarajapuram, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. This ensures that both parties are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Sai Beverly Hills Phase IV?

The current guideline value of Sai Beverly Hills Phase IV is Rs 2,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 2,090 per sq.ft in 2023 to Rs 2,300 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What are the guideline values for other streets in Varadarajapuram?

Other streets in Varadarajapuram have varying guideline values, with Sai Beverly Hills Phase-III at Rs 1,540 per sq.ft, Sai Beverly Hills Phase V at Rs 2,300 per sq.ft, and others ranging from Rs 990 to Rs 4,100 per sq.ft.

What fees are associated with registering a property in Sai Beverly Hills Phase IV?

When registering a property in Sai Beverly Hills Phase IV, the stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 2,07,000.

Where is the Sub Registrar Office for Sai Beverly Hills Phase IV located?

The Padappai Sub Registrar Office, which covers Sai Beverly Hills Phase IV, is located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.