Guideline Value

Corporate

Guideline Value for SAI SHANTHI GARDEN PHASE II

₹3250/sq.ft.

The guideline value for Sai Shanthi Garden Phase Ii in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 3250 per sq.ft, effective 1 July 2024. It was Rs 3001 per sq.ft from 1 April 2023, a 8% change. The land classification is Commercial Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Commercial Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹3250 /sq.ft.
From 1-4-2023 ₹3001 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sai Shanthi Garden Phase Ii

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Sai Shanthi Garden Phase II guideline value

The current guideline value of Sai Shanthi Garden Phase II is Rs 3,250 per sq.ft, effective from 1 July 2024. This property is located in Paruthipattu village, under the Avadi SRO, and is classified as Commercial Special Type - V.

How the guideline value of Sai Shanthi Garden Phase II has changed

The guideline value for Sai Shanthi Garden Phase II has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 3,250 per sq.ft, which reflects an increase of 8% from the 2023 revision, where the value was Rs 3,001 per sq.ft. Prior to these, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the guideline value increased from Rs 3,001 per sq.ft in 2023 to Rs 3,250 per sq.ft in 2024. The historical revisions show that there are no figures available for the years mentioned earlier, indicating that the current value is based on the latest assessment.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median value across these streets is Rs 1,625 per sq.ft, placing the Sai Shanthi Garden Phase II guideline value above this median.

Stamp duty and registration fee for property in Sai Shanthi Garden Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 3,250 per sq.ft, the total guideline value would be Rs 32,50,000. The stamp duty at 7% would amount to Rs 2,27,500, and the registration fee at 2% would be Rs 65,000, leading to a total of Rs 2,92,500. It is important to note that 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 Shanthi Garden Phase II?

The Sai Shanthi Garden Phase II is covered by 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 Paruthipattu

The guideline value is a crucial factor in the registration process of property transactions in Paruthipattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and consistency in property dealings.

When buying or selling property, the guideline value will influence the stamp duty and registration fees that need to be paid. Buyers should be aware that the duty is calculated based on the higher of the guideline value or the sale price, which can affect the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Sai Shanthi Garden Phase II?

The current guideline value of Sai Shanthi Garden Phase II is Rs 3,250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 3,001 per sq.ft in 2023 to Rs 3,250 per sq.ft in 2024. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for properties in Sai Shanthi Garden Phase II?

For a property valued at Rs 32,50,000, the stamp duty would be Rs 2,27,500 and the registration fee would be Rs 65,000, totaling Rs 2,92,500. This is based on the current guideline value.

Which office handles property registration for Sai Shanthi Garden Phase II?

The Avadi Sub Registrar Office handles property registration for Sai Shanthi Garden Phase II. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

Where can I find more information on guideline values in Paruthipattu?

Information on guideline values in Paruthipattu can be accessed through the Registration Department's guideline value register. This includes details on various streets and their respective values.