Guideline Value for SAI KANNAN HOMES

Sai Kannan Homes guideline value

The current guideline value of Sai Kannan Homes in Thachoor village is Rs 300 per sq.ft, effective from 1 July 2024. This property falls under the Ponneri Sub Registrar Office and is classified as Residential Special Type - I.

How the guideline value of Sai Kannan Homes has changed

The guideline value for Sai Kannan Homes has seen significant changes over the years. The 2023 revision set the value at Rs 600 per sq.ft, while the upcoming 2024 revision has reduced it to Rs 300 per sq.ft, marking a decrease of 50%. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value has decreased from Rs 600 per sq.ft in 2023 to Rs 300 per sq.ft in 2024. This change reflects the most recent update in the guideline value register for Sai Kannan Homes.

Guideline values in Thachoor

In Thachoor village, there are 17 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,800 per sq.ft, with a median value of Rs 400 per sq.ft. Sai Kannan Homes' current guideline value is below this median.

• Sakthi Sai Nagar Phase II: Rs 400 per sq.ft (2024)
• R.C.Modern City: Rs 400 per sq.ft (2024)
• Sith Krishna Nagar: Rs 400 per sq.ft (2024)
• Sri Balaji Nagar: Rs 400 per sq.ft (2024)
• Sri Bhavani Amman Nagar: Rs 400 per sq.ft (2024)
• Sri Devi Gayathri Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Kannan Homes

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, resulting in a total of Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sai Kannan Homes?

The Sai Kannan Homes is covered by the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Thachoor. It determines the amount of stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold or purchased, the guideline value serves as a benchmark to ensure that the transaction is recorded accurately. Buyers and sellers must consider this value to understand the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Sai Kannan Homes?

The current guideline value of Sai Kannan Homes is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 600 per sq.ft in 2023 to Rs 300 per sq.ft in 2024, reflecting a decrease of 50%. There are no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the registration office for Sai Kannan Homes?

The registration office for Sai Kannan Homes is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

What are the stamp duty and registration fees for Sai Kannan Homes?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000. This is based on the guideline value of Rs 3,00,000.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It serves as a benchmark for ensuring accurate recording of sales and purchases in Thachoor.