Guideline Value for SAI RITWIK GARDEN

Sai Ritwik Garden guideline value

The current guideline value of Sai Ritwik Garden is Rs 167 per sq.ft, effective from 1 July 2024. This property is located in Satharai village under the Perambakkam SRO, classified as Residential Class II Type - II.

How the guideline value of Sai Ritwik Garden has changed

The guideline value for Sai Ritwik Garden has remained consistent in recent years. The 2023 revision also listed the guideline value at Rs 167 per sq.ft. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

With the 2024 revision, the guideline value is Rs 167 per sq.ft, showing no change from the previous year. This consistency indicates stability in the valuation for this property.

Guideline values in Satharai

Satharai village has four streets under the Perambakkam SRO that carry a 2024 guideline value. The values range from Rs 105 to Rs 175 per sq.ft, with the median being Rs 167 per sq.ft, making Sai Ritwik Garden's value equal to this median.

• Sri Angala Parameswari Nagar: Rs 167 per sq.ft (2024)
• Akash Aravind Avenue: Rs 105 per sq.ft (2024)
• Ss Raj Garden: Rs 175 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Ritwik Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 167 per sq.ft, the total guideline value amounts to Rs 1,67,000. The stamp duty is calculated at 7%, which totals Rs 11,690, while the registration fee at 2% is Rs 3,340. Therefore, the total charges together amount to Rs 15,030. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sai Ritwik Garden?

The Sub Registrar Office that covers Sai Ritwik Garden is the Perambakkam Sub Registrar Office located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone.

You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Satharai. 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 to ensure that the transaction is in line with the prevailing market rates. This helps in maintaining transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Sai Ritwik Garden?

The current guideline value of Sai Ritwik Garden is Rs 167 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 167 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002 for this street.

What are the other streets in Satharai with guideline values?

Other streets in Satharai under the Perambakkam SRO include Sri Angala Parameswari Nagar, Akash Aravind Avenue, and Ss Raj Garden, with values ranging from Rs 105 to Rs 175 per sq.ft.

What is the stamp duty for properties in Sai Ritwik Garden?

The stamp duty for properties in Sai Ritwik Garden is calculated at 7% of the guideline value. For a plot valued at Rs 1,67,000, the stamp duty amounts to Rs 11,690.

Where is the Sub Registrar Office for Sai Ritwik Garden located?

The Sub Registrar Office for Sai Ritwik Garden is located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone.