Guideline Value for SRI SAIRAM NAGAR

Sri Sairam Nagar guideline value

The current guideline value for Sri Sairam Nagar in Puliyampakkam village is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Walajabad Sub Registrar Office (SRO) and is classified as Residential Class I Type - II.

How the guideline value of Sri Sairam Nagar has changed

In the 2023 revision, the guideline value for Sri Sairam Nagar was Rs 200 per sq.ft, which remains unchanged in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, there has been no change in the guideline value per sq.ft from 2023 to 2024, with a consistent rate of Rs 200 per sq.ft over these years.

Guideline values in Puliyampakkam

In Puliyampakkam, there are 26 streets under the Walajabad SRO that have a 2024 guideline value ranging from Rs 150 to Rs 550 per sq.ft, with a median value of Rs 250 per sq.ft. Sri Sairam Nagar's guideline value is below this median.

• Sri Rangan Nagar: Rs 300 per sq.ft (2024)
• Sri Selvi Nagar: Rs 200 per sq.ft (2024)
• Sri Sivam Avenue: Rs 200 per sq.ft (2024)
• Sri Venkateshwara Nagar: Rs 200 per sq.ft (2024)
• Sri Lakshmi Narasimman Garden: Rs 250 per sq.ft (2024)
• Sri Gangai Amman Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Sairam Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Sri Sairam Nagar?

Sri Sairam Nagar is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is crucial during property transactions in Puliyampakkam, as it determines the minimum price at which a property can be registered. This value is used to calculate the stamp duty and registration fees applicable to the transaction.

When you buy or sell property, the guideline value ensures that the transaction is transparent and fair, reflecting the official value set by the Registration Department. It is essential to refer to the latest guideline value to avoid discrepancies during registration.

Frequently asked questions

What is the current guideline value of Sri Sairam Nagar?

The current guideline value of Sri Sairam Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2023 to 2024, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Puliyampakkam?

Other streets in Puliyampakkam have varying guideline values, ranging from Rs 150 to Rs 550 per sq.ft. For instance, Sri Rangan Nagar has a value of Rs 300 per sq.ft, while several other streets, including Sri Selvi Nagar and Sri Sivam Avenue, have values of Rs 200 per sq.ft.

What fees are applicable when registering property in Sri Sairam Nagar?

When registering property in Sri Sairam Nagar, the fees include a stamp duty of 7% on the guideline value and a registration fee of 2%. For a 1,000 sq.ft plot, these fees would total Rs 18,000.

Where can I find the Walajabad Sub Registrar Office?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more details by visiting the provided link.