Guideline Value for SAI GARDEN

Sai Garden guideline value

The current guideline value for Sai Garden, located in Devampattu village under the Ponneri SRO, is Rs 150 per sq.ft. The land classification for this area is Residential Special Type - III.

How the guideline value of Sai Garden has changed

The guideline value for Sai Garden has remained consistent at Rs 150 per sq.ft since the 2023 revision. Prior to that, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In the 2024 revision, effective from 1 July 2024, the guideline value is also set at Rs 150 per sq.ft, showing no percentage change from the previous year. This indicates stability in the guideline value for Sai Garden over the last two revisions.

Guideline values in Devampattu

In addition to Sai Garden, other streets in Devampattu under the Ponneri SRO have varying guideline values. Sai Garden's guideline value of Rs 150 per sq.ft positions it alongside other residential areas.

• Vijiya Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, leading to a total cost of Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sai Garden?

The Sai Garden area falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during property registration in Devampattu. It serves as a benchmark for calculating the stamp duty and registration fees applicable to property transactions.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties. This ensures that the registration process is aligned with the official valuation set by the Registration Department.

Frequently asked questions

What is the current guideline value of Sai Garden?

The current guideline value of Sai Garden is Rs 150 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Sai Garden has remained at Rs 150 per sq.ft since the 2023 revision, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Sai Garden?

The land classification for Sai Garden is Residential Special Type - III, indicating its designated use for residential purposes.

Where can I find the Ponneri Sub Registrar Office?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles registrations for properties in the Sai Garden area.

How is stamp duty calculated for property in Sai Garden?

Stamp duty for property in Sai Garden is 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 incurs a total duty of Rs 13,500.