Guideline Value for SANTRON P SAKRAPANI GARDEN

Santron P Sakrapani Garden guideline value

The current guideline value of Santron P Sakrapani Garden is Rs 2,090 per sq.ft. This property is located in Chennerkuppam village and falls under the Kunrathur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Santron P Sakrapani Garden has changed

Over the years, the guideline value for Santron P Sakrapani Garden has seen significant changes. The earliest recorded revision was in 2017, where the guideline value was Rs 1,273 per sq.ft. This value increased to Rs 2,090 per sq.ft in the 2023 revision, marking a rise of 64%. The 2024 revision also recorded the same value of Rs 2,090 per sq.ft, indicating no change from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. From 2017 to 2024, the overall increase in guideline value is also 64%, reflecting the same growth observed from 2017 to 2023.

Guideline values in Chennerkuppam

In Chennerkuppam, there are 74 streets under the Kunrathur SRO that have a guideline value for 2024, ranging from Rs 1,100 to Rs 6,895 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Santron P Sakrapani Garden's 2024 figure above this median.

• Santhi Nagar: Rs 1,540 per sq.ft (2024)
• Sarva Ganapthi Nagar: Rs 1,430 per sq.ft (2024)
• Sastha Nagar: Rs 1,430 per sq.ft (2024)
• Sakthi Garden phase I & Phase II: Rs 1,540 per sq.ft (2024)
• Sakthi Garden phase III: Rs 1,540 per sq.ft (2024)
• Seervi Nagar: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Santron P Sakrapani Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value amounts to Rs 20,90,000. The stamp duty at 7% would be Rs 1,46,300, and the registration fee at 2% would be Rs 41,800. Together, the total cost for stamp duty and registration fee would be Rs 1,88,100. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Santron P Sakrapani Garden?

The Sub Registrar Office that covers Santron P Sakrapani Garden is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information on finding your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Chennerkuppam. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees. This ensures that the fees are calculated based on a standardized value set by the government.

It is important for buyers and sellers to be aware of the guideline value as it can significantly affect the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during property dealings in the area.

Frequently asked questions

What is the current guideline value of Santron P Sakrapani Garden?

The current guideline value of Santron P Sakrapani Garden is Rs 2,090 per sq.ft, as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,273 per sq.ft in 2017 to Rs 2,090 per sq.ft in 2023 and 2024, marking a 64% increase overall from 2017 to 2024.

What is the median guideline value for streets in Chennerkuppam?

The median guideline value for streets in Chennerkuppam is Rs 1,540 per sq.ft for the year 2024. Santron P Sakrapani Garden's guideline value is above this median.

What are the stamp duty and registration fees for a property in Santron P Sakrapani Garden?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,88,100, which includes a stamp duty of Rs 1,46,300 and a registration fee of Rs 41,800.

Where can I find the Sub Registrar Office for Santron P Sakrapani Garden?

The Kunrathur Sub Registrar Office covers Santron P Sakrapani Garden, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information by visiting the provided link.