Guideline Value for SRI AISHWARYAM NAGAR

Sri Aishwaryam Nagar guideline value

The current guideline value of Sri Aishwaryam Nagar, located in Kalivanthapattu village under the Thiruporur SRO, is Rs 896 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Type - III.

How the guideline value of Sri Aishwaryam Nagar has changed

In the 2023 revision, the guideline value for Sri Aishwaryam Nagar was recorded at Rs 896 per sq.ft, which remains unchanged in the 2024 revision. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017 for this street.

Thus, the guideline value has not changed between 2023 and 2024, showing a consistent rate of Rs 896 per sq.ft over the past two years.

Guideline values in Kalivanthapattu

In Kalivanthapattu, there are 19 streets under the Thiruporur SRO with a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft. The median value for these streets is Rs 605 per sq.ft, placing Sri Aishwaryam Nagar's guideline value above this median.

• Sri Krishna Nagar: Rs 605 per sq.ft (2024)
• Sri Kuberan Avenue: Rs 450 per sq.ft (2024)
• Sri Munnusamy Nagar: Rs 600 per sq.ft (2024)
• Sri Nagar: Rs 450 per sq.ft (2024)
• Sundrapuram: Rs 600 per sq.ft (2024)
• Thirunagar: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Aishwaryam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 896 per sq.ft, the total guideline value amounts to Rs 8,96,000. The stamp duty at 7% would be Rs 62,720, and the registration fee at 2% would be Rs 17,920, together totaling Rs 80,640. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Aishwaryam Nagar?

The Sub Registrar Office that covers Sri Aishwaryam Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kalivanthapattu. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring compliance with local regulations.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are essential costs involved in the transaction process. This ensures that all parties are aware of the financial obligations associated with property transactions in the area.

Frequently asked questions

What is the current guideline value of Sri Aishwaryam Nagar?

The current guideline value of Sri Aishwaryam Nagar is Rs 896 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 896 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the revisions in the years 2002, 2003, 2007, 2012, and 2017 for this street.

What is the median guideline value in Kalivanthapattu?

The median guideline value in Kalivanthapattu is Rs 605 per sq.ft, with Sri Aishwaryam Nagar's value being above this median.

What are the stamp duty rates in Sri Aishwaryam Nagar?

The stamp duty rate in Sri Aishwaryam Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Sri Aishwaryam Nagar located?

The Sub Registrar Office for Sri Aishwaryam Nagar is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.