Guideline Value for SAI NAGAR

Sai Nagar guideline value

The current guideline value of Sai Nagar, located in Kuzhipanthandalam village, is Rs 825 per sq.ft. This value is effective from 1 July 2024 and falls under the Thirukazhukundram SRO. The land classification for this area is Residential Special Type - IV.

How the guideline value of Sai Nagar has changed

According to the guideline value register, the revision for 2024 shows a value of Rs 825 per sq.ft, which is the same as the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, there has been no change in the guideline value, remaining at Rs 825 per sq.ft. This consistency indicates stability in the valuation for Sai Nagar over these two years.

Guideline values in Kuzhipanthandalam

Kuzhipanthandalam village has three streets under the Thirukazhukundram SRO that carry a 2024 guideline value. The current value of Sai Nagar aligns with the median value of Rs 825 per sq.ft for the village.

• Cairo: Rs 825 per sq.ft (2024)
• Strawbery Fields: Rs 200 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 825 per sq.ft, the total guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total fees to Rs 74,250. 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 information.

Which Sub Registrar Office covers Sai Nagar?

The Sai Nagar area is covered by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process when buying or selling property in Kuzhipanthandalam. It determines the minimum value at which a property can be registered, ensuring that the transaction reflects the official valuation set by the government.

Buyers and sellers must consider the guideline value during negotiations, as it affects the stamp duty and registration fees payable. The fees are calculated based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Sai Nagar?

The current guideline value of Sai Nagar is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Nagar has remained at Rs 825 per sq.ft for both 2023 and 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for property in Sai Nagar?

For a property valued at Rs 8,25,000, the stamp duty would be Rs 57,750, and the registration fee would be Rs 16,500, totaling Rs 74,250. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Sai Nagar?

The registration for Sai Nagar is handled by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone.

What is the land classification for Sai Nagar?

The land classification for Sai Nagar is Residential Special Type - IV, indicating its designated use for residential purposes.