Guideline Value

Corporate

Guideline Value for SRI SAI NAGAR

₹100/sq.ft.

The guideline value for Sri Sai Nagar in Sirupinayoor,thiruvanthavar,perungazhi village (Salavakkam SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sirupinayoor,thiruvanthavar,perungazhi

Village

Salavakkam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /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)

2/1a, Thottakkara Street, Salavakkam, 603 107
044-27275222
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[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

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Sri Sai Nagar guideline value

The current guideline value of Sri Sai Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in the village of Sirupinayoor,Thiruvanthavar,Perungazhi and falls under the Residential Class I Type - I land classification. The relevant Sub Registrar Office for this area is the Salavakkam SRO.

How the guideline value of Sri Sai Nagar has changed

Over the years, the guideline value of Sri Sai Nagar has seen several revisions. The 2012 revision set the value at Rs 100 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 67 per sq.ft. Following that, the 2023 revision brought it back to Rs 100 per sq.ft. The most recent 2024 revision has also set the value at Rs 100 per sq.ft, resulting in no change from the previous year.

From the 2012 revision to the 2023 revision, there was a significant increase of 49%. However, from the 2017 revision to the 2023 revision, the value remained stable. Overall, from the 2012 revision to the 2024 revision, there has been no change in the guideline value.

Guideline values in Sirupinayoor,Thiruvanthavar,Perungazhi

In the village of Sirupinayoor,Thiruvanthavar,Perungazhi, there are 36 streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,000 per sq.ft, with a median value of Rs 150 per sq.ft. The guideline value of Sri Sai Nagar is below this median.

Stamp duty and registration fee for property in Sri Sai Nagar

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value would be Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. 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 more details.

Which Sub Registrar Office covers Sri Sai Nagar?

The Sub Registrar Office that covers Sri Sai Nagar is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sirupinayoor,Thiruvanthavar,Perungazhi

The guideline value plays a crucial role during the registration of property transactions in Sirupinayoor,Thiruvanthavar,Perungazhi. It is used to determine the stamp duty and registration fees that buyers must pay, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value is essential for calculating the costs associated with the transaction. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which may affect the overall expenses involved in the property transaction.

Frequently asked questions

What is the current guideline value of Sri Sai Nagar?

The current guideline value of Sri Sai Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the most recent being Rs 100 per sq.ft in both 2023 and 2024. The value decreased to Rs 67 per sq.ft in 2017 from Rs 100 per sq.ft in 2012.

What is the land classification for Sri Sai Nagar?

Sri Sai Nagar is classified as Residential Class I Type - I. This classification is important for determining the appropriate guideline value for property transactions in the area.

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

The stamp duty rate for properties in Sri Sai Nagar is 7%. This rate is applied to the higher of the guideline value or the sale price during property registration.

Where is the Sub Registrar Office for Sri Sai Nagar located?

The Sub Registrar Office covering Sri Sai Nagar is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. This office handles all registration processes for properties in the area.