Guideline Value

Corporate

Guideline Value for SAI GANESH NAGAR PART-II

₹1480/sq.ft.

The guideline value for Sai Ganesh Nagar Part-ii in Jelandianpettai village (Chennai South Joint I SRO, Chennai zone) is Rs 1480 per sq.ft, effective 1 July 2024. It was Rs 1340 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Jelandianpettai

Village

Chennai South Joint I

SRO

Residential Class III Type - III
History
Period Guideline Value
From 1-7-2024 ₹1480 /sq.ft.
From 1-4-2023 ₹1340 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Ganesh Nagar Part-ii

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Sai Ganesh Nagar Part-II guideline value

The current guideline value of Sai Ganesh Nagar Part-II is Rs 1,480 per sq.ft, effective from 1 July 2024. This area is located in Jelandianpettai village and falls under the Chennai South Joint I SRO. The land classification for this street is Residential Class III Type - III.

How the guideline value of Sai Ganesh Nagar Part-II has changed

Over the years, the guideline value for Sai Ganesh Nagar Part-II has seen several revisions. The 2023 revision set the value at Rs 1,340 per sq.ft, while the most recent 2024 revision increased this to Rs 1,480 per sq.ft, marking a change of +10%. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017.

In summary, the guideline value has increased from Rs 1,340 per sq.ft in 2023 to Rs 1,480 per sq.ft in 2024. The consistent increase reflects changes in property values, but specific figures for earlier revisions are not available in the register.

Guideline values in Jelandianpettai

In Jelandianpettai, there are 248 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 7,500 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft, which means Sai Ganesh Nagar Part-II's 2024 figure is below the median.

Stamp duty and registration fee for property in Sai Ganesh Nagar Part-II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,480 per sq.ft, the total guideline value amounts to Rs 14,80,000. The stamp duty at 7% would be Rs 1,03,600, and the registration fee at 2% would be Rs 29,600, bringing the total cost together to Rs 1,33,200. Please note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sai Ganesh Nagar Part-II?

The Sub Registrar Office that covers Sai Ganesh Nagar Part-II is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO online for more details.

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

The guideline value plays a crucial role during the registration process of property transactions in Jelandianpettai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Sai Ganesh Nagar Part-II?

The current guideline value of Sai Ganesh Nagar Part-II is Rs 1,480 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,340 per sq.ft in 2023 to Rs 1,480 per sq.ft in 2024, marking a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Sai Ganesh Nagar Part-II?

The land classification for Sai Ganesh Nagar Part-II is Residential Class III Type - III.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot, the guideline value is Rs 14,80,000, with a stamp duty of Rs 1,03,600 and a registration fee of Rs 29,600, totaling Rs 1,33,200.

Which Sub Registrar Office covers this area?

The Chennai South Joint I Sub Registrar Office covers Sai Ganesh Nagar Part-II, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.