Guideline Value

Corporate

Guideline Value for SRI SAI SANTHI NAGAR PHASE -II

₹1000/sq.ft.

The guideline value for Sri Sai Santhi Nagar Phase -ii in Kavanur village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kavanur

Village

Gooduvancheri

SRO

Residential Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /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)

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 Santhi Nagar Phase -ii

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Sri Sai Santhi Nagar Phase -II guideline value

The current guideline value of Sri Sai Santhi Nagar Phase -II is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Kavanur village under the Gooduvancheri SRO and is classified as Residential Special Type - IV.

How the guideline value of Sri Sai Santhi Nagar Phase -II has changed

In the 2023 revision, the guideline value for Sri Sai Santhi Nagar Phase -II was Rs 1,000 per sq.ft. The same value was retained in the 2024 revision, reflecting no change between these two years, with an increase of 0% from 2023 to 2024. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the only available values for Sri Sai Santhi Nagar Phase -II are from the 2023 and 2024 revisions, both at Rs 1,000 per sq.ft. The consistent guideline value indicates stability in this area for the specified period.

Guideline values in Kavanur

Kavanur village has a total of 109 streets under the Gooduvancheri SRO with a 2024 guideline value ranging from Rs 500 to Rs 2,239 per sq.ft. The median guideline value in this village is Rs 800 per sq.ft, placing Sri Sai Santhi Nagar Phase -II's 2024 figure above that median.

Stamp duty and registration fee for property in Sri Sai Santhi Nagar Phase -II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, together totaling Rs 90,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Sai Santhi Nagar Phase -II?

The Sub Registrar Office that covers Sri Sai Santhi Nagar Phase -II is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Kavanur, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sri Sai Santhi Nagar Phase -II?

The current guideline value of Sri Sai Santhi Nagar Phase -II is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained consistent at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sri Sai Santhi Nagar Phase -II?

Sri Sai Santhi Nagar Phase -II is classified as Residential Special Type - IV, which indicates its designated use for residential purposes.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current rate would incur a total of Rs 90,000 in fees.

Where can I find the Sub Registrar Office for Sri Sai Santhi Nagar Phase -II?

The Gooduvancheri Sub Registrar Office covers Sri Sai Santhi Nagar Phase -II and is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.