Guideline Value for SAI ESWAR NAGAR

Sai Eswar Nagar guideline value

The current guideline value of Sai Eswar Nagar is Rs 840 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-A village, under the Avadi Sub Registrar Office (SRO). The land classification for this street is Residential Class II Type - II.

How the guideline value of Sai Eswar Nagar has changed

In the 2023 revision, the guideline value for Sai Eswar Nagar was Rs 800 per sq.ft. The increase from 2023 to 2024 is 5%, bringing the current value to Rs 840 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

As a result, the only available revisions for Sai Eswar Nagar are from 2023 and 2024. The 2024 figure of Rs 840 per sq.ft is higher than the previous year's rate of Rs 800 per sq.ft.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value for these streets is Rs 750 per sq.ft, and Sai Eswar Nagar's current value is above this median.

• Sai Nagar: Rs 660 per sq.ft (2024)
• Royal Garden: Rs 1,200 per sq.ft (2024)
• Sakthivel Nagar & Streets: Rs 750 per sq.ft (2024)
• Sambangi Nagar & Streets: Rs 840 per sq.ft (2024)
• Sandiya Street: Rs 440 per sq.ft (2024)
• Saraswathi Nagar & Streets & Extn: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Eswar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value amounts to Rs 8,40,000. The stamp duty at 7% would be Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total charges to Rs 75,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sai Eswar Nagar?

The Sai Eswar Nagar area is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is an essential factor in property transactions in Thiruninravur-A. 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, the guideline value helps both parties understand the official value of the property, which can influence negotiations and final sale agreements. It is crucial for buyers and sellers to be aware of these values to facilitate a smooth transaction.

Frequently asked questions

What is the current guideline value of Sai Eswar Nagar?

The current guideline value of Sai Eswar Nagar is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Eswar Nagar was Rs 800 per sq.ft in 2023 and increased by 5% to Rs 840 per sq.ft in 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sai Eswar Nagar?

The land classification for Sai Eswar Nagar is Residential Class II Type - II. This classification indicates the type of development permitted in the area.

What are the stamp duty and registration fees for property in Sai Eswar Nagar?

For a 1,000 sq.ft plot at the guideline value of Rs 840 per sq.ft, the total guideline value is Rs 8,40,000. The stamp duty would be Rs 58,800, and the registration fee would be Rs 16,800, totaling Rs 75,600.

Where is the Sub Registrar Office for Sai Eswar Nagar located?

The Avadi Sub Registrar Office covers Sai Eswar Nagar and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.