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Guideline Value

Corporate

Guideline Value for SRI SATHYA SAI NAGAR EXTENSION

₹700/sq.ft.

The guideline value for Sri Sathya Sai Nagar Extension in Perumattu Nellore village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 700 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Perumattu Nellore

Village

Chengleput Joint II

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹700 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[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

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Sri Sathya Sai Nagar Extension guideline value

The current guideline value for Sri Sathya Sai Nagar Extension is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Perumattu Nellore village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - II.

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

The guideline value for Sri Sathya Sai Nagar Extension has remained consistent at Rs 700 per sq.ft since the 2023 revision. The 2024 revision also reflects the same value, indicating no change between these two years, with a percentage change of +0%.

Looking back further, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street. Therefore, the only available revisions are from 2023 and 2024, both showing a guideline value of Rs 700 per sq.ft.

Guideline values in Perumattu Nellore

In Perumattu Nellore, there are 83 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 500 to Rs 2,850 per sq.ft, with the median value also being Rs 700 per sq.ft. Sri Sathya Sai Nagar Extension's guideline value aligns with this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total cost for these fees to Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sathya Sai Nagar Extension?

The Sub Registrar Office covering Sri Sathya Sai Nagar Extension is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Perumattu Nellore. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that both parties are aware of the costs involved.

When a property is sold, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property as per the established guidelines.

Frequently asked questions

What is the current guideline value for Sri Sathya Sai Nagar Extension?

The current guideline value for Sri Sathya Sai Nagar Extension is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 700 per sq.ft since the 2023 revision, with no changes noted between 2023 and 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values for other streets in Perumattu Nellore?

Other streets in Perumattu Nellore have varying guideline values, with the 2024 figures ranging from Rs 500 to Rs 2,850 per sq.ft. Sri Sathya Sai Nagar Extension's value is equal to the median of Rs 700 per sq.ft.

What fees are associated with buying property in Sri Sathya Sai Nagar Extension?

When buying property in Sri Sathya Sai Nagar Extension, buyers must pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total fee of Rs 63,000 based on the current guideline value.

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

The Sub Registrar Office for Sri Sathya Sai Nagar Extension is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more details by using the provided link to find your SRO.