Guideline Value for Sai Ayush Ramesha

Sai Ayush Ramesha guideline value

The current guideline value for Sai Ayush Ramesha is Rs 950 per sq.ft, effective from 1 July 2024. This property is located in Rajakilpakkam village, under the Selaiyur SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of Sai Ayush Ramesha has changed

The guideline value for Sai Ayush Ramesha has seen several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in 2017. However, from 2017 to 2023, the value increased significantly by 49% to reach Rs 900 per sq.ft. The most recent revision in 2024 has further increased the value to Rs 950 per sq.ft, marking a 6% rise from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Rajakilpakkam

In Rajakilpakkam, there are 384 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft. The median value for these streets is Rs 2,150 per sq.ft, placing Sai Ayush Ramesha's 2024 guideline value below that median.

• Sai Prabath Garden: Rs 1,900 per sq.ft (2024)
• Sabai Colony Main Road: Rs 1,900 per sq.ft (2024)
• Sabai Colony 2nd Main Road: Rs 1,900 per sq.ft (2024)
• Sabai Colony 1st Main Road: Rs 1,900 per sq.ft (2024)
• Sabai Colony: Rs 1,900 per sq.ft (2024)
• Ruby Avenue: Rs 3,200 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Ayush Ramesha

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value amounts to Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, bringing the total fees to Rs 85,500. 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 Sai Ayush Ramesha?

The Sai Ayush Ramesha property falls under the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property transactions in Rajakilpakkam. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The fees are calculated based on the higher of the guideline value or the sale price, ensuring that the government receives the appropriate taxes.

When selling property, the guideline value also plays a role in setting the expectations for the sale price. Sellers often consider the guideline value to ensure they are pricing their property competitively within the local market.

Frequently asked questions

What is the current guideline value for Sai Ayush Ramesha?

The current guideline value for Sai Ayush Ramesha is Rs 950 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 950 per sq.ft in 2024, representing an overall increase of 6% from 2012 to 2024.

What are the stamp duty and registration fees for buying property in Sai Ayush Ramesha?

For a 1,000 sq.ft plot, the total guideline value is Rs 9,50,000. The stamp duty at 7% is Rs 66,500, and the registration fee at 2% is Rs 19,000, totaling Rs 85,500.

Which office handles registrations for Sai Ayush Ramesha?

The Selaiyur Sub Registrar Office handles registrations for Sai Ayush Ramesha, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

What is the median guideline value in Rajakilpakkam?

The median guideline value in Rajakilpakkam is Rs 2,150 per sq.ft, which is higher than the current guideline value of Sai Ayush Ramesha.