Guideline Value

Corporate

Guideline Value for SRI SATHYA SAI NAGAR

₹768/sq.ft.

The guideline value for Sri Sathya Sai Nagar in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 768 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹768 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sri Sathya Sai Nagar

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Sri Sathya Sai Nagar guideline value

The current guideline value of Sri Sathya Sai Nagar is Rs 768 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village under the Avadi SRO and falls under the Residential Class I Type - II land classification.

How the guideline value of Sri Sathya Sai Nagar has changed

The guideline value for Sri Sathya Sai Nagar has seen significant changes over the years. The 2017 revision set the value at Rs 469 per sq.ft, which increased to Rs 700 per sq.ft in 2023, marking a 49% rise. The most recent 2024 revision has further increased the value to Rs 768 per sq.ft, a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for this street for the years 2002, 2003, 2007, and 2012.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value in this area is Rs 770 per sq.ft, which means the guideline value for Sri Sathya Sai Nagar is slightly below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 768 per sq.ft, the total guideline value would be Rs 7,68,000. The stamp duty at 7% would amount to Rs 53,760, and the registration fee at 2% would be Rs 15,360. Together, the total cost for these fees would be Rs 69,120. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Sathya Sai Nagar?

The Sub Registrar Office that covers Sri Sathya Sai Nagar is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor when registering property transactions in Thiruninravur-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall costs involved in the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

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

The current guideline value for Sri Sathya Sai Nagar is Rs 768 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 768 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the stamp duty and registration fees for properties in Sri Sathya Sai Nagar?

For a property valued at Rs 7,68,000, the stamp duty would be Rs 53,760, and the registration fee would be Rs 15,360, totaling Rs 69,120.

Which Sub Registrar Office covers Sri Sathya Sai Nagar?

The Avadi Sub Registrar Office covers Sri Sathya Sai Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the median guideline value in Thiruninravur-B?

The median guideline value in Thiruninravur-B is Rs 770 per sq.ft, with Sri Sathya Sai Nagar's current value being slightly below this median at Rs 768 per sq.ft.