Guideline Value for SAI LAKSHMI NAGAR

Sai Lakshmi Nagar guideline value

The current guideline value of Sai Lakshmi Nagar is Rs 1,500 per sq.ft, as per the 2023 revision. This area is located in Rathinamangalam village and falls under the Gooduvancheri SRO. The land classification for this locality is Mixed Type - III.

How the guideline value of Sai Lakshmi Nagar has changed

Over the years, the guideline value for Sai Lakshmi Nagar has seen a revision in 2023, where it is set at Rs 1,500 per sq.ft. The register has no figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002, indicating that there have been no changes recorded for these years.

Since the 2023 revision is the only figure available, it is important to note that there have been no changes between the revisions listed. The absence of figures for the earlier years suggests that the guideline value remained stable during that period.

Guideline values in Rathinamangalam

Currently, there are no specific village figures provided for Rathinamangalam. Sai Lakshmi Nagar is part of this locality, and there are no other streets in Rathinamangalam under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Sai Lakshmi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sai Lakshmi Nagar?

The Sub Registrar Office that covers Sai Lakshmi Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Rathinamangalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the registration fees and stamp duty are calculated appropriately.

When a property transaction occurs, the guideline value helps in assessing the applicable stamp duty and registration fees. Buyers and sellers must be aware that these charges are based on the higher of the guideline value or the sale price, which can significantly impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Sai Lakshmi Nagar?

The current guideline value of Sai Lakshmi Nagar is Rs 1,500 per sq.ft, as per the 2023 revision.

Has the guideline value changed in recent years?

The guideline value for Sai Lakshmi Nagar has not changed in recent years, with the only figure available being from the 2023 revision.

What is the land classification for Sai Lakshmi Nagar?

The land classification for Sai Lakshmi Nagar is Mixed Type - III.

Where is the Gooduvancheri Sub Registrar Office located?

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

How is stamp duty calculated for properties in Sai Lakshmi Nagar?

Stamp duty for properties in Sai Lakshmi Nagar is calculated at 7% of 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 stamp duty of Rs 1,05,000.