Guideline Value

Corporate

Guideline Value for SAI BEVERLY HILLS PHASE-II

₹1540/sq.ft.

The guideline value for Sai Beverly Hills Phase-ii 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-ii

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sai Beverly Hills Phase-II guideline value

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

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

In the 2017 revision, the guideline value was Rs 1,400 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded Rs 1,400 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 1,540 per sq.ft, marking a 10% rise from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 10%.

For the years 2002, 2003, 2007, and 2012, the register has no figure for this street. The changes between the revisions indicate that the only significant adjustment occurred between 2023 and 2024.

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 of Sai Beverly Hills Phase-II at Rs 1,540 per sq.ft is below this median.

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

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, bringing the total charges to 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.

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

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

The Sub Registrar Office covering Sai Beverly Hills Phase-II 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 during property registration in Varadarajapuram. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded at a standard value set by the government.

When buying or selling property, the guideline value helps in establishing a fair basis for the transaction. Buyers must be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which could affect the total cost of the transaction.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value increased from Rs 1,400 per sq.ft in 2017 to Rs 1,540 per sq.ft in 2024, representing a 10% rise. There was no change from 2017 to 2023, where it remained at Rs 1,400 per sq.ft.

What are the stamp duty and registration fees for a property in Sai Beverly Hills Phase-II?

For a 1,000 sq.ft plot, the total guideline value is Rs 15,40,000. The stamp duty at 7% is Rs 1,07,800, and the registration fee at 2% is Rs 30,800, totaling Rs 1,38,600.

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

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

Where can I find more information about guideline values in Varadarajapuram?

For more information on the guideline values in Varadarajapuram, you can refer to the Registration Department's guideline value register (TNReginet) or visit the local Sub Registrar Office.