Guideline Value for SRI SAIBABA NAGAR

Sri Saibaba Nagar guideline value

The current guideline value of Sri Saibaba Nagar is Rs 1,000 per sq.ft, as per the 2023 revision. This area is located in Kolapakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Sri Saibaba Nagar has changed

The guideline value for Sri Saibaba Nagar has undergone several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 670 per sq.ft. In the 2023 revision, the guideline value increased to Rs 1,000 per sq.ft, reflecting a change of +49% from the previous revision.

There are no figures available in the register for the years 2002, 2003, 2007, 2012, and 2024 for this street. This means that the only registered figures we have are from 2017 and 2023.

Guideline values in Kolapakkam

Currently, there are no specific village figures provided for Kolapakkam. Sri Saibaba Nagar is one of the streets under the Gooduvancheri SRO. Unfortunately, there are no other streets in Kolapakkam listed with guideline values.

Stamp duty and registration fee for property in Sri Saibaba Nagar

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, bringing the total charges to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Saibaba Nagar?

The Sub Registrar Office that covers Sri Saibaba Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery - 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 when buying or selling property in Kolapakkam. It is used to determine the stamp duty and registration fees applicable to the transaction, which are calculated based on the guideline value or the sale price, whichever is higher.

When engaging in a property transaction, it is essential to be aware of the guideline value to ensure compliance with local regulations and to accurately assess the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value of Sri Saibaba Nagar?

The current guideline value of Sri Saibaba Nagar is Rs 1,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value increased from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023, marking a +49% change.

Are there any guideline values for other years?

There are no available guideline values for Sri Saibaba Nagar in the years 2002, 2003, 2007, 2012, and 2024.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000.

Which office handles registrations for Sri Saibaba Nagar?

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