Guideline Value for SAI MANGAL AVENUE PHASE - II

Sai Mangal Avenue Phase - II guideline value

The current guideline value of Sai Mangal Avenue Phase - II is Rs 1,600 per sq.ft. This property is located in Thaiyur-A village and falls under the Thiruporur SRO. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Sai Mangal Avenue Phase - II has changed

According to the register, the guideline value for Sai Mangal Avenue Phase - II has remained unchanged at Rs 1,600 per sq.ft since the 2017 revision. The 2017 revision also recorded the same guideline value of Rs 1,600 per sq.ft, indicating no increase over the years.

For the years prior to 2017, the register has no figures for the revisions of 2002, 2003, 2007, and 2012. Therefore, the only recorded revisions for this street are from 2017 and 2023, both standing at Rs 1,600 per sq.ft, resulting in a change of +0% from 2017 to 2023.

Guideline values in Thaiyur-A

Currently, there are no specific guideline values provided for other streets in Thaiyur-A. Sai Mangal Avenue Phase - II is the only street mentioned with a guideline value.

Stamp duty and registration fee for property in Sai Mangal Avenue Phase - II

For a 1,000 sq.ft plot at the current guideline value rate of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sai Mangal Avenue Phase - II?

The Sai Mangal Avenue Phase - II is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value plays a crucial role in the registration process of property transactions in Thaiyur-A. It is the basis on which stamp duty and registration fees are calculated, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling a property, the guideline value serves as a reference point for both the buyer and seller. It helps in determining the minimum value at which the property can be registered, thereby facilitating a transparent transaction process.

Frequently asked questions

What is the current guideline value of Sai Mangal Avenue Phase - II?

The current guideline value of Sai Mangal Avenue Phase - II is Rs 1,600 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Sai Mangal Avenue Phase - II has remained consistent at Rs 1,600 per sq.ft since the 2017 revision, showing no change from 2017 to 2023.

Are there guideline values for other streets in Thaiyur-A?

Currently, there are no specific guideline values provided for other streets in Thaiyur-A. Sai Mangal Avenue Phase - II is the only street mentioned with a guideline value.

What are the stamp duty and registration fees for properties in Sai Mangal Avenue Phase - II?

For a property measuring 1,000 sq.ft, the total guideline value is Rs 16,00,000. The stamp duty at 7% amounts to Rs 1,12,000, and the registration fee at 2% is Rs 32,000, totaling Rs 1,44,000.

Which office handles the registration for Sai Mangal Avenue Phase - II?

The registration for Sai Mangal Avenue Phase - II is handled by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.