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Guideline Value

Corporate

Guideline Value for SAI BEVERLY HILLS PHASE V

₹2300/sq.ft.

The guideline value for Sai Beverly Hills Phase V 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 V

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Sai Beverly Hills Phase V guideline value

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

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

The guideline value for Sai Beverly Hills Phase V has undergone several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2024 set the guideline value at Rs 2,300 per sq.ft, up from Rs 2,090 per sq.ft in 2023, marking a 10% increase.

Prior to the 2023 revision, the guideline value for this street was not recorded in the earlier revisions. The 2023 figure of Rs 2,090 per sq.ft was the first recorded value for Sai Beverly Hills Phase V. This indicates a significant change in valuation from previous years.

Guideline values in Varadarajapuram

In Varadarajapuram, there are 250 streets under the Padappai SRO, with guideline values ranging from Rs 880 to Rs 4,100 per sq.ft. The median guideline value in this area is Rs 1,650 per sq.ft, placing Sai Beverly Hills Phase V above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 2,300 per sq.ft, the total guideline value would be Rs 23,00,000. The stamp duty at 7% would amount to Rs 1,61,000, and the registration fee at 2% would be Rs 46,000, making the total cost for these fees 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 detailed calculations.

Which Sub Registrar Office covers Sai Beverly Hills Phase V?

The Sai Beverly Hills Phase V property is covered by the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. For further information, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Varadarajapuram. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer approaches the registration office, the guideline value will be referenced to calculate the applicable fees, ensuring that all transactions are compliant with the regulations set by the Registration Department.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value for Sai Beverly Hills Phase V has changed 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 recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Sai Beverly Hills Phase V?

The land classification for Sai Beverly Hills Phase V is Residential Special Type - III, indicating its designated use for residential purposes.

What are the registration fees for property in Sai Beverly Hills Phase V?

The registration fees for a property in Sai Beverly Hills Phase V include a stamp duty of 7% and a registration fee of 2% on the guideline value. For a plot of 1,000 sq.ft, the total fees would amount to Rs 2,07,000.

Where is the Padappai Sub Registrar Office located?

The Padappai Sub Registrar Office is located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. This office handles the registration of properties in Sai Beverly Hills Phase V.