Guideline Value for SRI SAI NAGAR

Sri Sai Nagar guideline value

The current guideline value of Sri Sai Nagar is Rs 1,500 per sq.ft, as per the 2023 revision. This area is located in Kolapakkam village under the Gooduvancheri SRO, classified as Residential Special Type - II.

How the guideline value of Sri Sai Nagar has changed

In the 2017 revision, the guideline value was Rs 1,005 per sq.ft. This figure saw an increase to Rs 1,500 per sq.ft in the 2023 revision, marking a change of +49% over the six-year period. The register has no figures for the years 2024, 2012, 2007, 2003, and 2002 for this street.

From 2017 to 2023, the guideline value increased significantly, reflecting the changes in property valuation in the region. It is important to note that there are no available figures for the earlier revisions, which limits the historical context for this specific street.

Guideline values in Kolapakkam

Currently, there are no specific village figures available for Kolapakkam. Sri Sai Nagar is one of the streets under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Sri Sai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is essential to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sri Sai Nagar?

The Sub Registrar Office covering Sri Sai Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Kolapakkam. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is registered, the guideline value is assessed to ensure that the transaction complies with regulatory requirements. Buyers and sellers should be aware of the guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Sri Sai Nagar?

The current guideline value of Sri Sai Nagar is Rs 1,500 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,005 per sq.ft to Rs 1,500 per sq.ft, which is an increase of +49%.

Are there any guideline values available for the years 2002, 2003, 2007, 2012, and 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Sri Sai Nagar.

What are the stamp duty and registration fees for a property in Sri Sai Nagar?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000 and the registration fee would be Rs 30,000, totaling Rs 1,35,000.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.