Guideline Value for SAI MAHAN NAGAR PHASE - III

Sai Mahan Nagar Phase - III guideline value

The current guideline value of Sai Mahan Nagar Phase - III is Rs 1,792 per sq.ft. This property is located in Rathinamangalam village, under the jurisdiction of the Gooduvancheri SRO. The land classification for this area is Mixed Type - II.

How the guideline value of Sai Mahan Nagar Phase - III has changed

The guideline value for Sai Mahan Nagar Phase - III has undergone several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 1,792 per sq.ft. There are no figures available for this street from the years 2024, 2017, 2012, 2007, 2003, and 2002, indicating that no changes have been recorded in those years.

Since the 2023 revision, there have been no changes in the guideline value for Sai Mahan Nagar Phase - III. The absence of figures in previous revisions confirms that the current rate is the only available value for this location.

Guideline values in Rathinamangalam

Currently, there are no specific village figures available for Rathinamangalam. Sai Mahan Nagar Phase - III is the only street mentioned in the records for this area. Therefore, there are no other streets in Rathinamangalam to report on.

Stamp duty and registration fee for property in Sai Mahan Nagar Phase - III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,792 per sq.ft, the total guideline value amounts to Rs 17,92,000. The stamp duty at 7% would be Rs 1,25,440, and the registration fee at 2% would be Rs 35,840, bringing the total cost for these fees to Rs 1,61,280. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sai Mahan Nagar Phase - III?

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

To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Rathinamangalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these fees are calculated based on the higher value between the guideline value and the actual sale price of the property.

Frequently asked questions

What is the current guideline value of Sai Mahan Nagar Phase - III?

The current guideline value of Sai Mahan Nagar Phase - III is Rs 1,792 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Sai Mahan Nagar Phase - III since the 2023 revision, and no figures are available for the years 2024, 2017, 2012, 2007, 2003, and 2002.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty at 7% is Rs 1,25,440, and the registration fee at 2% is Rs 35,840, totaling Rs 1,61,280.

Where is the Sub Registrar Office for Sai Mahan Nagar Phase - III located?

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

How is the guideline value determined for property transactions?

The guideline value is determined by the government and serves as a minimum benchmark for property registration. It is used to calculate the stamp duty and registration fees based on the higher value between the guideline value and the actual sale price of the property.