Guideline Value for SRINIVASA NAGAR

Srinivasa Nagar guideline value

The current guideline value for Srinivasa Nagar, located in Ikkadu village under the Tiruvallur Joint 1 SRO, is not published. The last notified rate was Rs 335 per sq.ft during the 2017 revision.

How the guideline value of Srinivasa Nagar has changed

In the 2002 revision, the guideline value register has no figure for Srinivasa Nagar. The same applies for the revisions in 2003, 2007, 2012, and 2023, where no figures are available for this street. The last recorded figure was Rs 335 per sq.ft in the 2017 revision, and there have been no changes noted in the guideline value since then.

As of the 2024 revision, there is still no current rate published for Srinivasa Nagar. The 2017 figure remains the last known value for the street.

Guideline values in Ikkadu

In Ikkadu village, there are 51 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,400 per sq.ft, with a median value of Rs 400 per sq.ft. Srinivasa Nagar does not have a current rate, but here are the guideline values for other streets in Ikkadu:

• Srinivasa Nagar Annex: Rs 402 per sq.ft (2024)
• Sri Sai Nagar: Rs 500 per sq.ft (2024)
• Sri Ganapathi Nagar Extension: Rs 335 per sq.ft (2024)
• Sri Ganapathi Nagar: Rs 400 per sq.ft (2024)
• Sri Venkateswara Nagar: Rs 400 per sq.ft (2024)
• Sosiety Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Srinivasa Nagar

As there is no current rate for Srinivasa Nagar, a worked example cannot be provided. It is important to note that stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for your calculations.

Which Sub Registrar Office covers Srinivasa Nagar?

The Sub Registrar Office that covers Srinivasa Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Ikkadu. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring transparency in property transactions.

When registering a property, the stamp duty is calculated based on the higher of the guideline value or the actual sale price. This ensures that both the buyer and seller are aware of the legal value attributed to the property during the transaction.

Frequently asked questions

What is the current guideline value for Srinivasa Nagar?

The current guideline value for Srinivasa Nagar is not published. The last notified rate was Rs 335 per sq.ft from the 2017 revision.

Have there been any changes in the guideline value since 2017?

No changes have been noted in the guideline value for Srinivasa Nagar since the 2017 revision. The last recorded figure remains Rs 335 per sq.ft.

What are the guideline values for other streets in Ikkadu?

In Ikkadu, other streets have varying guideline values, with rates ranging from Rs 100 to Rs 1,400 per sq.ft. For example, Sri Sai Nagar has a guideline value of Rs 500 per sq.ft as of 2024.

Where can I find the Sub Registrar Office for Srinivasa Nagar?

The Sub Registrar Office for Srinivasa Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

How is stamp duty calculated for properties in Ikkadu?

Stamp duty for properties in Ikkadu is charged on the higher of the guideline value and the sale price. This ensures that the property is registered at a fair value as determined by the guideline register.