Guideline Value for SAI LAKSHMI NAGAR

Sai Lakshmi Nagar guideline value

The current guideline value of Sai Lakshmi Nagar is Rs 335 per sq.ft, as per the 2023 revision. This locality falls under Thozhuvur village and is registered with the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Sai Lakshmi Nagar has changed

According to the guideline value register, the revisions for Sai Lakshmi Nagar include the 2023 revision, which is set at Rs 335 per sq.ft. The register does not provide figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision is the only figure available, there have been no changes noted between the revisions above. The absence of figures from earlier years indicates that the guideline value for Sai Lakshmi Nagar has not been updated in those revisions.

Guideline values in Thozhuvur

Currently, there are no specific village figures available for Thozhuvur. Sai Lakshmi Nagar is the only street mentioned in the context of the Tiruvallur Joint 1 SRO, and there are no other streets in Thozhuvur provided in the available data.

Stamp duty and registration fee for property in Sai Lakshmi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 335 per sq.ft, the guideline value amounts to Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, and the registration fee at 2% would be Rs 6,700, totaling Rs 30,150. It is important to note that the 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 details on calculating fees.

Which Sub Registrar Office covers Sai Lakshmi Nagar?

The Sai Lakshmi Nagar area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. For more information, you can find your SRO.

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

When buying or selling property in Thozhuvur, the guideline value plays a crucial role in determining the stamp duty and registration fees. Buyers must consider this value as it is used to calculate the applicable charges during the registration process.

The guideline value is essential for ensuring compliance with local regulations and helps in establishing a fair basis for property transactions. It is advisable for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Sai Lakshmi Nagar?

The current guideline value of Sai Lakshmi Nagar is Rs 335 per sq.ft, as per the 2023 revision.

What is the land classification of Sai Lakshmi Nagar?

Sai Lakshmi Nagar is classified as Residential Class IV Type - I, indicating its designation for residential purposes.

How often does the guideline value change?

The guideline value can change with revisions, but for Sai Lakshmi Nagar, the only available revision is from 2023, with no figures provided for the years 2024, 2017, 2012, 2007, 2003, and 2002.

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

For a property valued at Rs 3,35,000 in Sai Lakshmi Nagar, the stamp duty would be Rs 23,450, and the registration fee would be Rs 6,700, totaling Rs 30,150.

Which office handles registrations for Sai Lakshmi Nagar?

The Tiruvallur Joint 1 Sub Registrar Office handles registrations for Sai Lakshmi Nagar, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.