Guideline Value for SRI BABA NAGAR

Sri Baba Nagar guideline value

The current guideline value of Sri Baba Nagar, located in Kalvai village, is Rs 600 per sq.ft, effective from 1 July 2024. This area falls under the Thiruporur Sub Registrar Office (SRO) and is classified as Residential Special Type - II.

How the guideline value of Sri Baba Nagar has changed

The guideline value for Sri Baba Nagar has remained consistent at Rs 600 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

As such, the 2024 revision shows no change from the previous year, reflecting a stable guideline value of Rs 600 per sq.ft since 2023.

Guideline values in Kalvai

In Kalvai, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value in this village is Rs 1,000 per sq.ft, placing Sri Baba Nagar's 2024 figure below the median.

• Sri Durgha Avenue: Rs 600 per sq.ft (2024)
• Sri Ganesh Nagar: Rs 400 per sq.ft (2024)
• Sri Hari Nagar: Rs 701 per sq.ft (2024)
• Sks-Sekar Square: Rs 1,000 per sq.ft (2024)
• S.K Avenue Phase II: Rs 701 per sq.ft (2024)
• Sk Avenue: Rs 701 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Baba Nagar?

Sri Baba Nagar is covered by 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 Kalvai

The guideline value is a crucial factor when registering property transactions in Kalvai. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives the appropriate taxes based on the property's assessed value.

When buying or selling property, it is essential to be aware of the guideline value, as it affects the overall cost of the transaction. Buyers should ensure they are informed about the latest guideline values to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value of Sri Baba Nagar?

The current guideline value of Sri Baba Nagar is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sri Baba Nagar has remained at Rs 600 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Kalvai?

The median guideline value in Kalvai is Rs 1,000 per sq.ft. Sri Baba Nagar's current guideline value is below this median.

Where can I find the Thiruporur Sub Registrar Office?

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

How is stamp duty calculated for properties in Sri Baba Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 600 per sq.ft would incur a total guideline value of Rs 6,00,000, resulting in a stamp duty of Rs 42,000.