Guideline Value

Corporate

Guideline Value for SRI SAI NAGAR ANNEXE

₹3200/sq.ft.

The guideline value for Sri Sai Nagar Annexe in Ottiyampakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 3200 per sq.ft, effective 1 July 2024. It was Rs 2986 per sq.ft from 1 April 2023, a 7% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Ottiyampakkam

Village

Selaiyur

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹3200 /sq.ft.
From 1-4-2023 ₹2986 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Sai Nagar Annexe

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Sri Sai Nagar Annexe guideline value

The current guideline value of Sri Sai Nagar Annexe is Rs 3,200 per sq.ft, effective from 1 July 2024. This area is located in Ottiyampakkam village under the Selaiyur SRO, and the land classification is Mixed Type - II.

How the guideline value of Sri Sai Nagar Annexe has changed

The guideline value for Sri Sai Nagar Annexe has seen revisions over the years, with the most recent being Rs 3,200 per sq.ft in 2024. Prior to this, the 2023 revision set the value at Rs 2,986 per sq.ft, marking an increase of 7% from the previous year. The register has no figures for this street in the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has increased from Rs 2,986 per sq.ft in 2023 to Rs 3,200 per sq.ft in 2024. The consistent rise in the guideline value reflects the ongoing adjustments made by the Registration Department.

Guideline values in Ottiyampakkam

In Ottiyampakkam, there are 88 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,300 to Rs 4,300 per sq.ft, with a median value of Rs 1,950 per sq.ft. The guideline value of Sri Sai Nagar Annexe is above this median.

Stamp duty and registration fee for property in Sri Sai Nagar Annexe

For a 1,000 sq.ft plot at the current guideline value of Rs 3,200 per sq.ft, the total guideline value amounts to Rs 32,00,000. The stamp duty at 7% would be Rs 2,24,000, and the registration fee at 2% would be Rs 64,000, bringing the total fees together to Rs 2,88,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sai Nagar Annexe?

The Sub Registrar Office that covers Sri Sai Nagar Annexe is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Ottiyampakkam. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these fees are based on a standardized value set by the Registration Department.

It is essential for buyers and sellers to be aware of the guideline value as it impacts the overall cost of property transactions. This ensures transparency and helps in the accurate calculation of fees during the registration process.

Frequently asked questions

What is the current guideline value of Sri Sai Nagar Annexe?

The current guideline value of Sri Sai Nagar Annexe is Rs 3,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,986 per sq.ft in 2023 to Rs 3,200 per sq.ft in 2024, reflecting a 7% increase. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Ottiyampakkam?

Other streets in Ottiyampakkam have varying guideline values, ranging from Rs 1,300 to Rs 4,300 per sq.ft. The median value is Rs 1,950 per sq.ft, and Sri Sai Nagar Annexe's value is above this median.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. The registration fee is charged at 2% of the guideline value, ensuring that the fees are based on the established guideline value.

Where can I find the Sub Registrar Office for Sri Sai Nagar Annexe?

The Sub Registrar Office for Sri Sai Nagar Annexe is located at No.36, Bharathmatha Salai, Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073. You can find more information by visiting the appropriate link.