Guideline Value for SRI SAI GARDEN

Sri Sai Garden guideline value

The current guideline value of Sri Sai Garden in Puthupakkam village is Rs 1,000 per sq.ft, as per the 2023 revision. This area falls under the Thiruporur Sub Registrar Office and is classified as Residential Class I Type - I.

How the guideline value of Sri Sai Garden has changed

The guideline value for Sri Sai Garden has seen several revisions over the years. In 2012, the guideline value was set at Rs 1,000 per sq.ft. This figure remained unchanged until the next revision in 2017, where it dropped to Rs 670 per sq.ft. However, in the 2023 revision, the value increased significantly to Rs 1,000 per sq.ft again.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. Conversely, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2023, the guideline value has remained the same at Rs 1,000 per sq.ft.

Guideline values in Puthupakkam

Currently, there are no specific guideline values provided for other streets in Puthupakkam. The guideline value for Sri Sai Garden stands at Rs 1,000 per sq.ft.

Stamp duty and registration fee for property in Sri Sai Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. 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 accurate estimates.

Which Sub Registrar Office covers Sri Sai Garden?

The Sri Sai Garden area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor during the registration process of property transactions in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer registers a property, the guideline value is used to calculate the applicable fees. If the sale price of the property is higher than the guideline value, the fees will be based on the sale price instead.

Frequently asked questions

What is the current guideline value of Sri Sai Garden?

The current guideline value of Sri Sai Garden is Rs 1,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, and then back to Rs 1,000 per sq.ft in 2023.

What is the stamp duty rate for properties in Sri Sai Garden?

The stamp duty rate for properties in Sri Sai Garden is 7% of the guideline value or sale price, whichever is higher.

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 the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. If the sale price is higher than the guideline value, the fees are based on the sale price instead.