Guideline Value for SAI NAGAR

Sai Nagar guideline value

The current guideline value of Sai Nagar is Rs 2,300 per sq.ft, effective from 1 July 2024. This area is located in Erandankattalai village, under the Pammal SRO, and is classified as Residential Special Type - II.

How the guideline value of Sai Nagar has changed

The guideline value for Sai Nagar has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 1,400 per sq.ft. With the latest revision in 2024, the guideline value increased significantly to Rs 2,300 per sq.ft, marking a change of +64% from the previous figure.

It is important to note that there are no figures available for the revisions in 2023, 2012, 2007, 2003, and 2002 for this street. Therefore, the only relevant revisions are from 2017 to 2024.

Guideline values in Erandankattalai

In Erandankattalai, there are 60 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 770 to Rs 4,270 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which indicates that Sai Nagar's 2024 figure is above this median.

• Sadhanandhapuram: Rs 1,100 per sq.ft (2024)
• Samayapuram: Rs 1,100 per sq.ft (2024)
• Samayapuram Extn -I: Rs 1,100 per sq.ft (2024)
• Samayapuram Extn -II: Rs 1,100 per sq.ft (2024)
• Sanar Street: Rs 770 per sq.ft (2024)
• Royal Enclave: Rs 2,465 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 2,300 per sq.ft, the total guideline value would be Rs 23,00,000. The stamp duty at 7% would amount to Rs 1,61,000, and the registration fee at 2% would be Rs 46,000, bringing the total to Rs 2,07,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our 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 Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Erandankattalai. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling a property.

When a property is registered, the guideline value is considered alongside the sale price. The higher of the two figures is used to calculate the applicable duties and fees, ensuring that the correct amount is paid to the government.

Frequently asked questions

What is the current guideline value of Sai Nagar?

The current guideline value of Sai Nagar is Rs 2,300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,400 per sq.ft to Rs 2,300 per sq.ft in 2024, which is a change of +64%.

Are there any revisions without figures for Sai Nagar?

Yes, the guideline value register has no figures for Sai Nagar for the years 2023, 2012, 2007, 2003, and 2002.

What is the median guideline value in Erandankattalai?

The median guideline value for streets in Erandankattalai is Rs 1,100 per sq.ft, which is below the current guideline value of Sai Nagar.

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

The Sub Registrar Office for Sai Nagar is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.