Guideline Value for SRI SATHYA SAI NAGAR PHASE-II
₹400/sq.ft.
The guideline value for Sri Sathya Sai Nagar Phase-ii in Eazhichur village (Walajabad SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Eazhichur
Village
Walajabad
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹400 /sq.ft. |
| From 1-4-2023 | ₹400 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹268 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹400 /sq.ft. |
| 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
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Sri Sathya Sai Nagar Phase-ii
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Sathya Sai Nagar Phase-II guideline value
The current guideline value of Sri Sathya Sai Nagar Phase-II is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Eazhichur village and falls under the Walajabad SRO. The land classification for this location is Residential Class I Type - I.
How the guideline value of Sri Sathya Sai Nagar Phase-II has changed
Over the years, the guideline value for Sri Sathya Sai Nagar Phase-II has seen several revisions. The 2012 revision set the value at Rs 400 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 400 per sq.ft. The 2017 revision saw a decrease to Rs 268 per sq.ft, marking a -33% change from the previous 2012 figure. From 2017 to 2023, the value increased by 49%. The current 2024 revision maintains the value at Rs 400 per sq.ft, showing no change from the 2023 figure.
For the years 2002, 2003, and 2007, the register has no figure for this street. Overall, comparing the 2012 figure to the 2024 figure results in no change, as both are set at Rs 400 per sq.ft.
Guideline values in Eazhichur
In Eazhichur, there are 13 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 201 to Rs 3,650 per sq.ft. The median value for these streets is Rs 400 per sq.ft, which is equal to the current guideline value of Sri Sathya Sai Nagar Phase-II.
- Sri Sathya Sai Nagar Part-VII: Rs 400 per sq.ft (2024)
- Sri Sathya Sai Nagar Phase-III: Rs 400 per sq.ft (2024)
- Sri Sathya Sai Nahar Phase -I: Rs 400 per sq.ft (2024)
- Sri Vari Nagar: Rs 201 per sq.ft (2024)
- sree selva vignesh Nagar: Rs 300 per sq.ft (2024)
- Unnamed Layout S.No :234/1: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Sathya Sai Nagar Phase-II
For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, resulting in a total of Rs 36,000. 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 Phase-II?
The Sub Registrar Office that covers Sri Sathya Sai Nagar Phase-II is 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 Eazhichur
The guideline value is a crucial factor when buying or selling property in Eazhichur, as it determines the minimum value at which the property can be registered. This value is used to calculate the stamp duty and registration fees that need to be paid during the transaction.
When registering a property, buyers should be aware that the stamp duty is charged based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Sri Sathya Sai Nagar Phase-II?
The current guideline value of Sri Sathya Sai Nagar Phase-II is Rs 400 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 400 per sq.ft since 2012, with a decrease to Rs 268 per sq.ft in 2017. It then increased by 49% to Rs 400 per sq.ft in 2023, which has remained unchanged in the 2024 revision.
What are the other streets in Eazhichur with similar guideline values?
Other streets in Eazhichur also have a guideline value of Rs 400 per sq.ft in 2024, including Sri Sathya Sai Nagar Part-VII, Phase-III, and Phase-I.
What is the stamp duty rate for properties in Sri Sathya Sai Nagar Phase-II?
The stamp duty rate for properties in Sri Sathya Sai Nagar Phase-II is 7% of the guideline value or sale price, whichever is higher.
Where is the Walajabad Sub Registrar Office located?
The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
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