Guideline Value for SAIRAM NAGAR

Sairam Nagar guideline value

The current guideline value of Sairam Nagar is Rs 1,100 per sq.ft. This area is located in Vengadamangalam village and falls under the Gooduvancheri SRO. The land classification for this street is Mixed Special Type - II.

How the guideline value of Sairam Nagar has changed

The guideline value for Sairam Nagar has remained consistent over the years. In the 2017 revision, the guideline value was recorded at Rs 1,100 per sq.ft, which was the same as the 2023 revision. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, there was no change in the guideline value, maintaining a steady rate of Rs 1,100 per sq.ft. This stability indicates that the guideline value has not fluctuated during this period.

Guideline values in Vengadamangalam

Currently, there are no specific village figures provided for Vengadamangalam. Sairam Nagar is one of the streets under this village, and there are no other streets in Vengadamangalam listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Sairam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees together to Rs 99,000. It's important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sairam Nagar?

The Sairam Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Vengadamangalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware of the guideline value to ensure compliance with the registration requirements.

When a property is sold, the guideline value helps in assessing the minimum value at which the property can be registered. This ensures that the government receives the appropriate dues based on the established guideline value, safeguarding the interests of both the buyer and the seller.

Frequently asked questions

What is the current guideline value of Sairam Nagar?

The current guideline value of Sairam Nagar is Rs 1,100 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,100 per sq.ft from the 2017 revision to the 2023 revision, with no figures available for other years.

What is the registration office for Sairam Nagar?

The registration office for Sairam Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for property in Sairam Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a property valued at the current guideline value, the stamp duty would be 7% of that value.

Are there other streets in Vengadamangalam?

No specific other streets in Vengadamangalam are listed under the Gooduvancheri SRO at this time.