Guideline Value for SAI MAHAN NAGAR PHASE - I

Sai Mahan Nagar Phase - I guideline value

The current guideline value for Sai Mahan Nagar Phase - I is Rs 1,792 per sq.ft as per the 2023 revision. This area falls under Rathinamangalam village and is registered with the Gooduvancheri SRO. The land classification for this locality is Mixed Type - II.

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

According to the guideline value register, there are no figures available for the revisions in 2002, 2003, 2007, 2012, 2017, and 2024 for this street. The only available figure is from the 2023 revision, which is Rs 1,792 per sq.ft.

Since the 2023 revision is the only figure available, there have been no changes in the guideline value between the revisions mentioned above. The lack of figures for the earlier years indicates that the guideline value for Sai Mahan Nagar Phase - I has remained consistent in the recent past.

Guideline values in Rathinamangalam

Currently, there are no specific guideline values provided for other streets in Rathinamangalam. Sai Mahan Nagar Phase - I is the only street mentioned with a guideline value of Rs 1,792 per sq.ft.

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

For a 1,000 sq.ft plot at the current rate of Rs 1,792 per sq.ft, the 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, resulting in a total of Rs 1,61,280. Please note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

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

The Sai Mahan Nagar Phase - I is covered by 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 crucial 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 stamp duty and registration fees.

When buying or selling property, the guideline value helps in calculating the costs associated with the transaction. Buyers should be aware that the stamp duty and registration fees are based on the guideline value or the sale price, whichever is higher, ensuring transparency in property dealings.

Frequently asked questions

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

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

What is the land classification for Sai Mahan Nagar Phase - I?

The land classification for Sai Mahan Nagar Phase - I is Mixed Type - II, indicating the nature of land use in the area.

Are there any previous guideline values for Sai Mahan Nagar Phase - I?

There are no figures available for the previous revisions of 2002, 2003, 2007, 2012, 2017, and 2024 for Sai Mahan Nagar Phase - I.

How is stamp duty calculated for properties in Sai Mahan Nagar Phase - I?

Stamp duty for properties in Sai Mahan Nagar Phase - I is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,25,440 at the current guideline value.

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

The Sub Registrar Office covering Sai Mahan Nagar Phase - I is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.