Guideline Value

Corporate

Guideline Value for SRI SAI NAGAR PART-I

₹400/sq.ft.

The guideline value for Sri Sai Nagar Part-i in Siruvanchur village (Gooduvancheri SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Siruvanchur

Village

Gooduvancheri

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[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 Part-i

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Sri Sai Nagar Part-I guideline value

The current guideline value of Sri Sai Nagar Part-I, located in Siruvanchur village under the Gooduvancheri SRO, is Rs 400 per sq.ft. This value is effective from 1 July 2024 and is classified as Residential Special Type - II.

How the guideline value of Sri Sai Nagar Part-I has changed

The guideline value for Sri Sai Nagar Part-I has seen several revisions over the years. In 2012, the value was set at Rs 400 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 268 per sq.ft. Following that, the value increased significantly to Rs 400 per sq.ft in 2023 and has stayed the same through to the 2024 revision, showing a 49% increase from 2017 to 2023. The overall change from 2012 to 2024 is 0%.

The register has no figures for the years 2002, 2003, and 2007 for this street. The 2024 revision reflects a stable guideline value of Rs 400 per sq.ft, consistent with the previous 2023 revision.

Guideline values in Siruvanchur

In Siruvanchur, eight streets under the Gooduvancheri SRO have a 2024 guideline value ranging from Rs 400 to Rs 400 per sq.ft, with a median also at Rs 400 per sq.ft. Sri Sai Nagar Part-I's guideline value is equal to this median.

Stamp duty and registration fee for property in Sri Sai Nagar Part-I

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Sai Nagar Part-I?

The Sub Registrar Office covering Sri Sai Nagar Part-I 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 Siruvanchur

The guideline value is an essential factor during property registration in Siruvanchur. It determines the minimum value at which a property can be registered, influencing the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. It is crucial for both buyers and sellers to be aware of the current guideline value to make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Sri Sai Nagar Part-I?

The current guideline value of Sri Sai Nagar Part-I is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen changes from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then back to Rs 400 per sq.ft in 2023 and 2024, with an overall change of 0% from 2012 to 2024.

Which Sub Registrar Office handles registrations for Sri Sai Nagar Part-I?

The Gooduvancheri Sub Registrar Office handles registrations for Sri Sai Nagar Part-I, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What are the stamp duty and registration fees for properties in Sri Sai Nagar Part-I?

For a property with a guideline value of Rs 4,00,000, the stamp duty at 7% is Rs 28,000, and the registration fee at 2% is Rs 8,000, totaling Rs 36,000.

What is the land classification for Sri Sai Nagar Part-I?

Sri Sai Nagar Part-I is classified as Residential Special Type - II, which is relevant for determining the guideline value and applicable regulations.