Guideline Value for SRI SATHIYA SAI NAGAR

Sri Sathiya Sai Nagar guideline value

The current guideline value of Sri Sathiya Sai Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Kalvai village, under the Thiruporur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Sri Sathiya Sai Nagar has changed

According to the register, the guideline value for Sri Sathiya Sai Nagar has remained consistent at Rs 400 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for this street for the revisions in 2017, 2012, 2007, 2003, and 2002.

This indicates that from the 2023 revision to the 2024 revision, there has been a change of +0%. The absence of figures in earlier revisions suggests that the guideline value for this street has not been officially recorded in those years.

Guideline values in Kalvai

In Kalvai, there are 31 streets under the Thiruporur SRO that have a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft, with a median value of Rs 1,000 per sq.ft. Sri Sathiya Sai Nagar's 2024 figure is below this median.

• Sri Sainathapuram: Rs 1,000 per sq.ft (2024)
• Sri Vengadeshwara Nagar: Rs 400 per sq.ft (2024)
• Sri Sai Baba Nagar: Rs 600 per sq.ft (2024)
• Sri Yohan City: Rs 600 per sq.ft (2024)
• Sri PRAGALATH NAGAR: Rs 1,493 per sq.ft (2024)
• Sri Krishna Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Sathiya Sai Nagar

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. 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 further assistance.

Which Sub Registrar Office covers Sri Sathiya Sai Nagar?

Sri Sathiya Sai Nagar falls under the jurisdiction of 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 Kalvai

The guideline value is a crucial factor in property transactions in Kalvai, as it determines the minimum value on which stamp duty and registration fees are calculated. Buyers and sellers must consider this value to ensure compliance with local regulations during property registration.

When purchasing property, the guideline value serves as a reference point for the transaction. It ensures that the property is registered at a fair value, which helps maintain transparency in real estate dealings.

Frequently asked questions

What is the current guideline value of Sri Sathiya Sai Nagar?

The current guideline value of Sri Sathiya Sai Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sri Sathiya Sai Nagar has remained at Rs 400 per sq.ft for both the 2023 and 2024 revisions. There are no recorded figures for the revisions in 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Kalvai?

The median guideline value in Kalvai is Rs 1,000 per sq.ft, while Sri Sathiya Sai Nagar's value is below this median at Rs 400 per sq.ft.

What are the stamp duty rates for properties in Sri Sathiya Sai Nagar?

The stamp duty for properties in Sri Sathiya Sai Nagar is charged at a rate of 7% on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sri Sathiya Sai Nagar?

The Sub Registrar Office covering Sri Sathiya Sai Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.