Guideline Value for SAI NAGAR ECR ROAD

Sai Nagar Ecr Road guideline value

The current guideline value of Sai Nagar Ecr Road is Rs 540 per sq.ft, effective from 1 July 2024. This street is located in Parameswaramangalam village under the Cheyyur SRO, classified as Mixed Type - I land.

How the guideline value of Sai Nagar Ecr Road has changed

The guideline value for Sai Nagar Ecr Road has remained consistent at Rs 540 per sq.ft since the 2023 revision, which also recorded the same value. Prior revisions, including those in 2017, 2012, 2007, 2003, and 2002, have no figures listed for this street in the register.

From 2023 to 2024, there was no change in the guideline value, maintaining a 0% increase. This stability indicates that the guideline value has not fluctuated over the past year.

Guideline values in Parameswaramangalam

In Parameswaramangalam village, there are five streets under the Cheyyur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,100 per sq.ft. The median value for these streets is Rs 523 per sq.ft, placing Sai Nagar Ecr Road's 2024 figure above that median.

• Zen: Rs 523 per sq.ft (2024)
• Harshatha Avenue: Rs 523 per sq.ft (2024)
• Athirstam: Rs 1,100 per sq.ft (2024)
• வண்ண முகில் குடியிருப்பு: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Nagar Ecr Road

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 5,40,000. The stamp duty at 7% would be Rs 37,800, and the registration fee at 2% would be Rs 10,800, totaling Rs 48,600. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sai Nagar Ecr Road?

The Sai Nagar Ecr Road falls under the jurisdiction of the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Parameswaramangalam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that both buyers and sellers adhere to the legal requirements during the sale process.

When buying or selling property, the guideline value helps in determining the official value of the property, which can affect the overall costs involved in the transaction. It is essential for buyers to be aware of the current guideline value to understand their financial obligations better.

Frequently asked questions

What is the current guideline value of Sai Nagar Ecr Road?

The current guideline value of Sai Nagar Ecr Road is Rs 540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Nagar Ecr Road has remained at Rs 540 per sq.ft since the 2023 revision. There are no figures available for revisions in 2017, 2012, 2007, 2003, and 2002.

What are the other streets in Parameswaramangalam with their guideline values?

In Parameswaramangalam, other streets include Zen and Harshatha Avenue at Rs 523 per sq.ft, Athirstam at Rs 1,100 per sq.ft, and வண்ண முகில் குடியிருப்பு at Rs 200 per sq.ft, all for the year 2024.

How is the stamp duty calculated for properties in Sai Nagar Ecr Road?

Stamp duty for properties in Sai Nagar Ecr Road is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot has a guideline value of Rs 5,40,000, leading to a total stamp duty and registration fee of Rs 48,600.

Where can I find the Sub Registrar Office for Sai Nagar Ecr Road?

The Sub Registrar Office covering Sai Nagar Ecr Road is the Cheyyur Sub Registrar Office, located at 3/156, Salt Road, Cheyyur- 603 302, Chengalpattu registration zone.