Guideline Value for SAI NAGAR

Sai Nagar guideline value

The current guideline value of Sai Nagar is Rs 660 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and is classified as Residential Class I Type - IV.

How the guideline value of Sai Nagar has changed

The guideline value for Sai Nagar has seen changes over the years, with the most recent revision in 2024 setting the rate at Rs 660 per sq.ft, up from Rs 603 per sq.ft in 2023, reflecting a 9% increase. Prior to 2023, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline values for Sai Nagar have progressed from Rs 603 per sq.ft in 2023 to Rs 660 per sq.ft in 2024. The earlier revisions do not provide figures for this street, indicating a gap in the recorded values.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. Sai Nagar's current guideline value is below this median.

• Sai Eswar Nagar: Rs 840 per sq.ft (2024)
• Sakthivel Nagar & Streets: Rs 750 per sq.ft (2024)
• Sambangi Nagar & Streets: Rs 840 per sq.ft (2024)
• Royal Garden: Rs 1,200 per sq.ft (2024)
• Sandiya Street: Rs 440 per sq.ft (2024)
• Saraswathi Nagar & Streets & Extn: Rs 750 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 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty at 7% would amount to Rs 46,200, and the registration fee at 2% would be Rs 13,200, bringing the total fees together to Rs 59,400. It is important to note that the 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 covering Sai Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thiruninravur-A, as it is used to determine the stamp duty and registration fees that must be paid when buying or selling property. This ensures that the government collects appropriate revenue based on the assessed value of the property.

During the registration process, buyers and sellers must refer to the guideline value to calculate the necessary fees. This value is essential for ensuring compliance with local regulations and for the accurate assessment of property transactions.

Frequently asked questions

What is the current guideline value of Sai Nagar?

The current guideline value of Sai Nagar is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Nagar was Rs 603 per sq.ft in 2023 and increased by 9% to Rs 660 per sq.ft in 2024. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Sai Nagar?

Sai Nagar is classified as Residential Class I Type - IV, indicating its designation for residential purposes within the local planning framework.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value would be Rs 6,60,000. The stamp duty would be Rs 46,200 and the registration fee would be Rs 13,200, totaling Rs 59,400.

Where is the Sub Registrar Office for Sai Nagar located?

The Sub Registrar Office for Sai Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.