Guideline Value for SARAVANA NAGAR

Saravana Nagar guideline value

The current guideline value of Saravana Nagar is Rs 700 per sq.ft. This area is located in Nathamedu village and falls under the Tiruvallur Joint 1 SRO. The land classification for this region is Residential Class I Type - I.

How the guideline value of Saravana Nagar has changed

The guideline value for Saravana Nagar has seen revisions over the years, with the most recent figure being Rs 700 per sq.ft from the 2023 revision. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

In the 2023 revision, the guideline value was set at Rs 700 per sq.ft. There have been no changes in the guideline values between the revisions listed above.

Guideline values in Nathamedu

Currently, there are no specific village figures available for Nathamedu. Saravana Nagar is the only street mentioned under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Saravana Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Saravana Nagar?

The Sub Registrar Office that covers Saravana Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role when buying or selling property in Nathamedu. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the transaction must be registered at the relevant Sub Registrar Office, where the guideline value will be referenced to calculate the applicable duties and fees. This ensures that the transaction is officially recorded and that all necessary taxes are paid.

Frequently asked questions

What is the current guideline value of Saravana Nagar?

The current guideline value of Saravana Nagar is Rs 700 per sq.ft as per the 2023 revision.

What is the land classification for Saravana Nagar?

Saravana Nagar is classified as Residential Class I Type - I.

Are there any guideline value revisions for Saravana Nagar in 2024?

The register has no figure for Saravana Nagar in the year 2024.

How is the stamp duty calculated in Saravana Nagar?

Stamp duty in Saravana Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Saravana Nagar located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.