Guideline Value for SATHYA SAI NAGAR

Sathya Sai Nagar guideline value

The current guideline value of Sathya Sai Nagar is Rs 1,500 per sq.ft. This property is located in Ayyencheri village, under the Gooduvancheri Sub Registrar Office, and is classified as Residential Special Type - II.

How the guideline value of Sathya Sai Nagar has changed

The guideline value for Sathya Sai Nagar has undergone several revisions over the years. The 2017 revision set the guideline value at Rs 1,005 per sq.ft. This figure was updated in the 2023 revision to Rs 1,500 per sq.ft, marking an increase of 49% from the previous revision.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street, as the register does not provide any data for these years.

Guideline values in Ayyencheri

Currently, there are no specific village figures available for Ayyencheri. Sathya Sai Nagar is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Sathya Sai Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000. Together, the total cost for stamp duty and registration fees would be Rs 1,35,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sathya Sai Nagar?

The Sub Registrar Office that covers Sathya Sai Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ayyencheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is considered alongside the sale price. The stamp duty and registration fees are calculated based on the higher of the two amounts, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sathya Sai Nagar?

The current guideline value of Sathya Sai Nagar is Rs 1,500 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,005 per sq.ft to Rs 1,500 per sq.ft, which is a rise of 49%.

Are there any guideline value figures for the years 2002, 2003, 2007, 2012, and 2024?

The register does not provide any guideline value figures for Sathya Sai Nagar for the years 2002, 2003, 2007, 2012, and 2024.

What are the stamp duty and registration fees for a property in Sathya Sai Nagar?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000, and the registration fee would be Rs 30,000, totaling Rs 1,35,000. These fees are calculated based on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Sathya Sai Nagar located?

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