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Guideline Value

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Guideline Value for SRI SATHYA SAI NAGAR EXTENSION -III

₹1200/sq.ft.

The guideline value for Sri Sathya Sai Nagar Extension -iii in Oothivakkam village (Thiruporur SRO, Chengalpattu zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Oothivakkam

Village

Thiruporur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1200 /sq.ft.
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)

No.29, South Mada Street, Thiruporur-603110
044-27445228
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Sathya Sai Nagar Extension -iii

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Sri Sathya Sai Nagar Extension -III guideline value

The current guideline value of Sri Sathya Sai Nagar Extension -III is Rs 1,200 per sq.ft, effective from 1 July 2024. This area is located in Oothivakkam village, under the Thiruporur SRO, and is classified as Residential Class I Type - II.

How the guideline value of Sri Sathya Sai Nagar Extension -III has changed

The guideline value for Sri Sathya Sai Nagar Extension -III has remained consistent over the years. The 2017 revision recorded a value of Rs 1,200 per sq.ft, which was maintained in the 2023 revision, and continues to be the same in the 2024 revision. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from 2017 to 2024, the guideline value has seen no change, with a consistent rate of Rs 1,200 per sq.ft across these revisions. The changes between the revisions from 2023 to 2024 and from 2017 to 2023 also reflect a stable guideline value with a change of +0%.

Guideline values in Oothivakkam

In Oothivakkam, there are 20 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,792 per sq.ft. The median guideline value for these streets is Rs 825 per sq.ft, positioning Sri Sathya Sai Nagar Extension -III above this median value.

Stamp duty and registration fee for property in Sri Sathya Sai Nagar Extension -III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, while the registration fee at 2% would be Rs 24,000, bringing the total fees to Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sathya Sai Nagar Extension -III?

The Sub Registrar Office that covers Sri Sathya Sai Nagar Extension -III is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Oothivakkam. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated based on the established guideline value or the sale price, whichever is higher.

When engaging in property transactions, it is essential to be aware of the guideline value, as it directly impacts the financial obligations involved in the registration process. Buyers and sellers should ensure they are informed about the current guideline values to facilitate a smooth transaction.

Frequently asked questions

What is the current guideline value of Sri Sathya Sai Nagar Extension -III?

The current guideline value of Sri Sathya Sai Nagar Extension -III is Rs 1,200 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 1,200 per sq.ft since the 2017 revision, with no changes recorded in the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

What is the land classification for Sri Sathya Sai Nagar Extension -III?

Sri Sathya Sai Nagar Extension -III is classified as Residential Class I Type - II. This classification is important for understanding the zoning and usage regulations for the area.

Where can I find the Sub Registrar Office for this area?

The Thiruporur Sub Registrar Office covers Sri Sathya Sai Nagar Extension -III and is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Sri Sathya Sai Nagar Extension -III?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 12,00,000 would incur a stamp duty of Rs 84,000 at 7%.