Guideline Value for SAIRAM GARDEN -PHASE-II

₹100/sq.ft.

The guideline value for Sairam Garden -phase-ii in Aatrambakkam village (Oothukkottai SRO, Chennai zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aatrambakkam

Village

Oothukkottai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
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)

Near-government Hospital Uthukottai. 602026
044-27631361
[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]

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Sairam Garden -Phase-II guideline value

The current guideline value of Sairam Garden -Phase-II is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Aatrambakkam village and falls under the Oothukkottai SRO with a land classification of Residential Class I Type - I.

How the guideline value of Sairam Garden -Phase-II has changed

The guideline value for Sairam Garden -Phase-II has undergone several revisions in recent years. The 2017 revision set the guideline value at Rs 67 per sq.ft. This figure remained unchanged through the 2023 revision, which also recorded Rs 100 per sq.ft. The latest revision in 2024 has retained the guideline value at Rs 100 per sq.ft, showing no percentage change from 2023 to 2024.

From 2017 to 2023, the guideline value increased by 49%, and overall, from 2017 to 2024, it has also risen by 49%. The revisions for the years 2002, 2003, 2007, and 2012 do not have any figures recorded for this street.

Guideline values in Aatrambakkam

In Aatrambakkam, there are seven streets under the Oothukkottai SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 400 per sq.ft. The median guideline value for these streets is Rs 100 per sq.ft, which is equal to the 2024 figure for Sairam Garden -Phase-II.

Stamp duty and registration fee for property in Sairam Garden -Phase-II

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator to estimate costs based on your specific property details.

Which Sub Registrar Office covers Sairam Garden -Phase-II?

The Sairam Garden -Phase-II is covered by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. To find your specific SRO, you can find your SRO.

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

The guideline value serves as a benchmark for property transactions in Aatrambakkam. It is utilized to determine the stamp duty and registration fees during the registration process, ensuring that these fees are calculated based on the established guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the guideline value, as it impacts the overall cost of the transaction. This value is regularly updated to reflect changes in the real estate market and local regulations.

Frequently asked questions

What is the current guideline value of Sairam Garden -Phase-II?

The current guideline value of Sairam Garden -Phase-II is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2023 and remained at Rs 100 per sq.ft in 2024. This represents a 49% increase from 2017 to 2023 and overall from 2017 to 2024.

What are the other streets in Aatrambakkam with guideline values?

Other streets in Aatrambakkam include Sairam Garden -Phase-I, Sri Sai Ranga Nagar, Vgp Thirunagar, Arunodhaya Nagar, Mani Nagar, and a street referred to as பெயரிடபடாத மனைப்பிரிவு, all having guideline values ranging from Rs 100 to Rs 400 per sq.ft.

How is stamp duty calculated for properties in Sairam Garden -Phase-II?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000, leading to a stamp duty of Rs 7,000.

Where can I find the Sub Registrar Office for Sairam Garden -Phase-II?

The Oothukkottai Sub Registrar Office covers Sairam Garden -Phase-II and is located near the government hospital in Uthukottai, 602026, Chennai registration zone.