Guideline Value

Corporate

Guideline Value for SAI BEVERLY HILLS

₹1540/sq.ft.

The guideline value for Sai Beverly Hills 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

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Sai Beverly Hills guideline value

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

How the guideline value of Sai Beverly Hills has changed

The guideline value for Sai Beverly Hills has seen several revisions over the years. The most recent revision, effective from 1 July 2024, sets the value at Rs 1,540 per sq.ft, an increase from Rs 1,400 per sq.ft in the 2023 revision. Notably, there was no change in value from the 2017 revision, which also recorded Rs 1,400 per sq.ft. The overall change from 2017 to 2024 is an increase of 10%.

Prior to the 2017 revision, the register does not provide figures for the years 2002, 2003, 2007, and 2012. Thus, the 2017 figure remains the only reference point until the 2023 revision. The increase from the 2023 to 2024 revision is 10%.

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 is below this median.

Stamp duty and registration fee for property in Sai Beverly Hills

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 cost for these fees to Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sai Beverly Hills?

The Sai Beverly Hills property falls under the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value is a crucial aspect when registering property in Varadarajapuram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property. Buyers and sellers must ensure that the transaction adheres to these values to avoid any legal complications.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sai Beverly Hills?

The current guideline value of Sai Beverly Hills 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 Rs 1,540 per sq.ft in 2024. The 2023 revision also recorded Rs 1,400 per sq.ft, with no changes noted from 2017 to 2023.

What are the guideline values for other streets in Varadarajapuram?

Other streets in Varadarajapuram have varying guideline values, with Sai Beverly Hills Phase-II and Phase-III both at Rs 1,540 per sq.ft, while Sai Beverly Hills Phase IV and V are at Rs 2,300 per sq.ft. Royal Garden and Rose Garden both have a guideline value of Rs 990 per sq.ft.

Where can I find the registration office for Sai Beverly Hills?

The registration office for Sai Beverly Hills is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

How is stamp duty calculated for properties in Sai Beverly Hills?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 15,40,000, the stamp duty would be Rs 1,07,800 at 7%.