Guideline Value for SAI NAGAR
₹100/sq.ft.
The guideline value for Sai Nagar in Seevaadi village (Madurandakam SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Seevaadi
Village
Madurandakam
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹100 /sq.ft. |
| From 1-4-2023 | ₹100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹67 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹100 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Sai Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Madurandakam sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sai Nagar guideline value
The current guideline value of Sai Nagar, located in Seevaadi village under the Madurandakam SRO, is Rs 100 per sq.ft. This value is effective from the 2024 revision, which came into effect on 1 July 2024. The land classification for this area is Residential Class I Type - I.
How the guideline value of Sai Nagar has changed
The guideline value for Sai Nagar has seen several revisions over the years. In the 2012 revision, the value was set at Rs 100 per sq.ft. This remained the same in the 2017 revision, where it was Rs 67 per sq.ft, reflecting a decrease of 33%. The 2023 revision kept the value at Rs 100 per sq.ft, and in the latest 2024 revision, it remains unchanged at Rs 100 per sq.ft, indicating a 0% change from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.
From 2017 to 2023, there was a significant increase of 49%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 100 per sq.ft.
Guideline values in Seevaadi
- Royal City: Rs 200 per sq.ft (2024)
- Pragathi Garden: Rs 150 per sq.ft (2024)
- Sundaram Garden: Rs 200 per sq.ft (2024)
- Mkm City: Rs 151 per sq.ft (2024)
- Varsha Garden: Rs 121 per sq.ft (2024)
- Family Park: Rs 151 per sq.ft (2024)
Stamp duty and registration fee for property in Sai Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Sai Nagar?
The Sub Registrar Office that covers Sai Nagar is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Seevaadi
The guideline value is an essential factor during property registration in Seevaadi. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives the appropriate revenue from property transactions.
When buying or selling a property, the guideline value is used to assess the transaction value. If the sale price is higher than the guideline value, the stamp duty will be charged based on the sale price instead.
Frequently asked questions
What is the current guideline value of Sai Nagar?
The current guideline value of Sai Nagar is Rs 100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 100 per sq.ft in the 2012, 2023, and 2024 revisions. It decreased to Rs 67 per sq.ft in 2017 and increased by 49% from 2017 to 2023.
What is the median guideline value in Seevaadi?
The median guideline value in Seevaadi is Rs 151 per sq.ft, with values for other streets ranging from Rs 100 to Rs 200 per sq.ft.
What are the registration fees for a property in Sai Nagar?
The registration fees for a property in Sai Nagar include a stamp duty of 7% and a registration fee of 2% on the guideline value or the sale price, whichever is higher.
Which office handles registrations for Sai Nagar?
The Madurandakam Sub Registrar Office handles registrations for Sai Nagar, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.
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