Guideline Value for SAI MANGAL AVENUE

Sai Mangal Avenue guideline value

The current guideline value of Sai Mangal Avenue is Rs 2,389 per sq.ft as per the 2023 revision. This street is located in Thaiyur-A village under the Thiruporur SRO, classified as Residential Class IV Type - II.

How the guideline value of Sai Mangal Avenue has changed

According to the guideline value register, there are no figures available for Sai Mangal Avenue for the years 2002, 2003, 2007, 2012, 2017, and 2024. The most recent revision in 2023 shows the guideline value at Rs 2,389 per sq.ft. There have been no changes between the revisions listed above.

The only available figure for Sai Mangal Avenue is from the 2023 revision, which stands at Rs 2,389 per sq.ft. Since there are no other figures to compare, it can be noted that the guideline value has remained unchanged since the last revision.

Guideline values in Thaiyur-A

Currently, there are no specific village figures available for Thaiyur-A. Sai Mangal Avenue is one of the streets under the Thiruporur SRO.

Stamp duty and registration fee for property in Sai Mangal Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 23,89,000. The stamp duty at 7% would be Rs 1,67,230, and the registration fee at 2% would be Rs 47,780, totaling Rs 2,15,010. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sai Mangal Avenue?

The Sub Registrar Office that covers Sai Mangal Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of properties in Thaiyur-A, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating the sale price to ensure compliance with registration norms.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sai Mangal Avenue?

The current guideline value of Sai Mangal Avenue is Rs 2,389 per sq.ft, as per the 2023 revision.

What is the land classification for Sai Mangal Avenue?

Sai Mangal Avenue is classified as Residential Class IV Type - II under the current guidelines.

When was the last revision of the guideline value for Sai Mangal Avenue?

The last revision of the guideline value for Sai Mangal Avenue was in 2023, which set the value at Rs 2,389 per sq.ft.

Are there any other revisions available for Sai Mangal Avenue?

There are no figures available for Sai Mangal Avenue in the revisions for the years 2002, 2003, 2007, 2012, 2017, and 2024.

How is the stamp duty calculated for properties in Sai Mangal Avenue?

The stamp duty for properties in Sai Mangal Avenue is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.