Guideline Value for SAISAKTHI NAGAR

Saisakthi Nagar guideline value

The current guideline value for Saisakthi Nagar is Rs 2,500 per sq.ft, effective from 1 July 2024. This area is located in Konathi village, under the Chengleput Joint II SRO, and is classified as Residential Class III Type - III.

How the guideline value of Saisakthi Nagar has changed

According to the guideline value register, there are no figures available for Saisakthi Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision with a figure is from the year 2024, which is Rs 2,500 per sq.ft.

Since there are no figures for the previous years, there have been no changes recorded between the revisions for Saisakthi Nagar. The current value reflects the latest assessment for this street.

Guideline values in Konathi

In Konathi village, a total of 131 streets under the Chengleput Joint II SRO have a 2024 guideline value ranging from Rs 440 to Rs 2,500 per sq.ft, with a median value of Rs 770 per sq.ft. Saisakthi Nagar's 2024 figure is above this median.

• Samundeeswari Naga Potheri (Ward-20): Rs 1,980 per sq.ft (2024)
• Ruthra Avenue (Tai): Rs 880 per sq.ft (2024)
• School Street (Ward -1): Rs 770 per sq.ft (2024)
• Ramani Thottam (Ward-20): Rs 880 per sq.ft (2024)
• Rajivgandhi Street (Ward-21): Rs 660 per sq.ft (2024)
• Rajeswari Nagar Main Road (Ward -1): Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Saisakthi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,500 per sq.ft, the total guideline value would be Rs 25,00,000. The stamp duty at 7% would be Rs 1,75,000, and the registration fee at 2% would be Rs 50,000, making the total cost Rs 2,25,000. Duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Saisakthi Nagar?

The Chengleput Joint II Sub Registrar Office covers Saisakthi Nagar. The office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering a property in Konathi. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point. The stamp duty is calculated based on the higher of the guideline value or the sale price, ensuring that all transactions are documented accurately.

Frequently asked questions

What is the current guideline value of Saisakthi Nagar?

The current guideline value of Saisakthi Nagar is Rs 2,500 per sq.ft, effective from 1 July 2024.

Are there any previous guideline values for Saisakthi Nagar?

No, the register has no figures for Saisakthi Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2023.

How does the guideline value compare to other streets in Konathi?

The guideline value of Saisakthi Nagar is Rs 2,500 per sq.ft, which is above the median value of Rs 770 per sq.ft for other streets in Konathi.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 25,00,000, the total fees would amount to Rs 2,25,000.

Where can I find the Sub Registrar Office for Saisakthi Nagar?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details by visiting the relevant link.