Guideline Value

Corporate

Guideline Value for SAI BEVERLY HILLS PHASE-III

₹1540/sq.ft.

The guideline value for Sai Beverly Hills Phase-iii in Varadarajapuram village (Padappai SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Varadarajapuram

Village

Padappai

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1400 /sq.ft.
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-iii

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Sai Beverly Hills Phase-III guideline value

The current guideline value for Sai Beverly Hills Phase-III is Rs 1,540 per sq.ft, effective from 1 July 2024. This property is located in Varadarajapuram village under the Padappai SRO, and it falls under the Residential Class IV Type - II land classification.

How the guideline value of Sai Beverly Hills Phase-III has changed

The guideline value for Sai Beverly Hills Phase-III has seen several revisions over the years. The 2017 revision recorded a value of Rs 1,400 per sq.ft, which remained unchanged in the 2023 revision. However, the 2024 revision increased the guideline value to Rs 1,540 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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. The guideline value for Sai Beverly Hills Phase-III is below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, leading to a total of Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sai Beverly Hills Phase-III?

The Sai Beverly Hills Phase-III property falls under 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 when registering property transactions in Varadarajapuram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, it is essential to be aware of the guideline value as it influences the overall cost of the transaction. Buyers should ensure that the sale price is not lower than the guideline value to avoid any legal complications during registration.

Frequently asked questions

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

The current guideline value for Sai Beverly Hills Phase-III is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 10% to reach Rs 1,540 per sq.ft in 2024. The value remained unchanged from 2017 to 2023.

What are the guideline values for other streets in Varadarajapuram?

Other streets in Varadarajapuram have varying guideline values, ranging from Rs 880 to Rs 4,100 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft.

What fees are associated with property registration in Sai Beverly Hills Phase-III?

The fees associated with property registration include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sai Beverly Hills Phase-III?

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