Guideline Value for SAI EMPIRE

Sai Empire guideline value

The current guideline value of Sai Empire, located in Karanaipuducheri village, is Rs 1,650 per sq.ft. This value is effective from the 2024 revision, which falls under the Gooduvancheri SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Sai Empire has changed

The guideline value for Sai Empire has undergone several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 804 per sq.ft. This figure remained unchanged until the 2023 revision, which also recorded the value at Rs 1,650 per sq.ft. The 2024 revision maintained this value, showing no change from the previous year, resulting in a total increase of 105% from the 2017 revision to the 2024 revision.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Therefore, the guideline value has only been recorded from 2017 onwards, with significant growth observed in the recent revisions.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft. The median value for these streets is Rs 802 per sq.ft, placing the Sai Empire's 2024 figure above this median.

• Sai Empire(349/13,14): Rs 1,650 per sq.ft (2024)
• Sai Empire(350/10a3a,10b3a): Rs 1,200 per sq.ft (2024)
• Sairam Nagar: Rs 701 per sq.ft (2024)
• Sai Ram Nagar Extension-I: Rs 700 per sq.ft (2024)
• Sairam Nagar Extension - II: Rs 1,500 per sq.ft (2024)
• R.V Nagar: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Empire

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value comes to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total cost together to Rs 1,48,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Sai Empire?

The Sai Empire falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during property registration in Karanaipuducheri. It is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is compliant with state regulations.

When buying or selling property, the guideline value is assessed to establish the minimum value for taxation purposes. This value must be considered during the registration process to avoid any discrepancies or legal issues.

Frequently asked questions

What is the current guideline value of Sai Empire?

The current guideline value of Sai Empire is Rs 1,650 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has increased from Rs 804 per sq.ft in 2017 to Rs 1,650 per sq.ft in both 2023 and 2024, marking a total increase of 105% over this period.

What is the land classification for Sai Empire?

The land classification for Sai Empire is Mixed Type - I, indicating a mix of residential and commercial uses.

Where can I find the registration office for Sai Empire?

The registration office for Sai Empire is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total cost of Rs 1,48,500 in fees.