Guideline Value for SRI SARASWATHI NAGAR

Sri Saraswathi Nagar guideline value

The current guideline value of Sri Saraswathi Nagar is Rs 2,100 per sq.ft, as per the 2023 revision. This area falls under the Thiruporur Sub Registrar Office (SRO) and is classified as Mixed Type - I land.

How the guideline value of Sri Saraswathi Nagar has changed

The guideline value for Sri Saraswathi Nagar has undergone several revisions over the years. In the 2017 revision, the guideline value was set at Rs 1,407 per sq.ft. This marked a significant increase when compared to the previous revision, leading to a rise of 49% by the 2023 revision, where the current guideline value is Rs 2,100 per sq.ft.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Thus, the only available guideline values are from the 2017 and 2023 revisions.

Guideline values in Thaiyur-A

Currently, no specific village figures are provided for Thaiyur-A. The guideline value for Sri Saraswathi Nagar is Rs 2,100 per sq.ft, and there are no other streets in Thaiyur-A under the Thiruporur SRO listed.

Stamp duty and registration fee for property in Sri Saraswathi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,100 per sq.ft, the total guideline value amounts to Rs 21,00,000. The stamp duty at 7% would be Rs 1,47,000, and the registration fee at 2% would be Rs 42,000, bringing the total charges together to Rs 1,89,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more calculations, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Saraswathi Nagar?

Sri Saraswathi Nagar is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value is a crucial factor when buying or selling property in Sri Saraswathi Nagar. It is used to determine the stamp duty and registration fees that must be paid during the transaction process. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

During the registration process, the guideline value serves as a benchmark for assessing the value of the property being transferred. 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 Saraswathi Nagar?

The current guideline value of Sri Saraswathi Nagar is Rs 2,100 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased from Rs 1,407 per sq.ft to Rs 2,100 per sq.ft, representing a rise of 49%.

What are the registration fees for property in Sri Saraswathi Nagar?

The registration fees for property in Sri Saraswathi Nagar include stamp duty at 7% and a registration fee at 2%. For a plot valued at Rs 21,00,000, the total fees would amount to Rs 1,89,000.

Which Sub Registrar Office covers Sri Saraswathi Nagar?

The Thiruporur Sub Registrar Office covers Sri Saraswathi Nagar, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there any other streets in Thaiyur-A with guideline values?

Currently, there are no other streets in Thaiyur-A listed under the Thiruporur SRO with guideline values provided.