Guideline Value for SAKTHI SRI SAI NAGAR

Sakthi Sri Sai Nagar guideline value

The current guideline value of Sakthi Sri Sai Nagar is Rs 900 per sq.ft. This area is located in Rathinamangalam village and falls under the Gooduvancheri SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Sakthi Sri Sai Nagar has changed

The guideline value for Sakthi Sri Sai Nagar has undergone several revisions over the years. The most recent revision in 2023 set the value at Rs 900 per sq.ft, which reflects a significant increase from the 2017 revision, where it was Rs 603 per sq.ft. This marks a change of +49% from 2017 to 2023.

There are no figures available for the years 2024, 2012, 2007, 2003, and 2002 for this street. The only available revisions are from 2017 and 2023, highlighting the recent increase in the guideline value.

Guideline values in Rathinamangalam

Currently, there are no specific village figures available for Rathinamangalam. The guideline value for Sakthi Sri Sai Nagar is Rs 900 per sq.ft. There are no other streets in Rathinamangalam under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Sakthi Sri Sai Nagar

For a 1,000 sq.ft plot at the current rate of Rs 900 per sq.ft, the guideline value would be Rs 9,00,000. The stamp duty at 7% would amount to Rs 63,000, and the registration fee at 2% would be Rs 18,000, totaling Rs 81,000. 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 Sakthi Sri Sai Nagar?

The Sub Registrar Office that covers Sakthi Sri Sai Nagar is 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 Rathinamangalam

The guideline value is an important factor in the registration process when buying or selling property in Rathinamangalam. It serves as a benchmark for determining the stamp duty and registration fees that are applicable to the transaction.

When a property is registered, the stamp duty is calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions based on established values.

Frequently asked questions

What is the current guideline value of Sakthi Sri Sai Nagar?

The current guideline value of Sakthi Sri Sai Nagar is Rs 900 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value increased from Rs 603 per sq.ft in 2017 to Rs 900 per sq.ft in 2023, marking a change of +49% during this period. There are no figures available for the years 2024, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for property in Sakthi Sri Sai Nagar?

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 81,000.

Which Sub Registrar Office covers Sakthi Sri Sai Nagar?

The Gooduvancheri Sub Registrar Office covers Sakthi Sri Sai Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What land classification is Sakthi Sri Sai Nagar?

Sakthi Sri Sai Nagar is classified as Residential Special Type - I, which indicates the intended use of the land for residential purposes.