Guideline Value for Sai Greenfield

Sai Greenfield guideline value

The current guideline value of Sai Greenfield is Rs 830 per sq.ft, effective from 1 July 2024. This property is located in Naduveerapattu village under the Padappai SRO, classified as Mixed Type - I.

How the guideline value of Sai Greenfield has changed

The guideline value for Sai Greenfield has seen significant changes over the years. In the 2017 revision, the value was Rs 502 per sq.ft, which increased to Rs 750 per sq.ft in 2023. The latest revision in 2024 raised the guideline value to Rs 830 per sq.ft, marking an increase of 11% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 65%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Naduveerapattu

Naduveerapattu village has a total of 96 streets under the Padappai SRO, with 2024 guideline values ranging from Rs 330 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 660 per sq.ft, indicating that Sai Greenfield's 2024 value is above this median.

• Sai Garden: Rs 1,540 per sq.ft (2024)
• R.R.T Garden Phase-III: Rs 1,650 per sq.ft (2024)
• R.R.T Garden phase-II: Rs 660 per sq.ft (2024)
• R.R.T.Garden: Rs 660 per sq.ft (2024)
• Ramesh Nagar: Rs 550 per sq.ft (2024)
• Sengundhar Street: Rs 550 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Greenfield

For a 1,000 sq.ft plot at the current guideline value of Rs 830 per sq.ft, the total guideline value amounts to Rs 8,30,000. The stamp duty at 7% would be Rs 58,100, and the registration fee at 2% would be Rs 16,600, leading to a total of Rs 74,700. It is important to note that 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 information.

Which Sub Registrar Office covers Sai Greenfield?

The Sai Greenfield property falls under the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Naduveerapattu. It serves as a benchmark for calculating the stamp duty and registration fees, which are mandatory for property transactions.

When a property is registered, the guideline value is used to determine the official value of the property, ensuring that the transaction is recorded accurately and complies with local regulations.

Frequently asked questions

What is the current guideline value of Sai Greenfield?

The current guideline value of Sai Greenfield is Rs 830 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 502 per sq.ft in 2017 to Rs 750 per sq.ft in 2023, and then to Rs 830 per sq.ft in 2024. This represents an overall increase of 65% from 2017 to 2024.

What is the median guideline value in Naduveerapattu?

The median guideline value for the streets in Naduveerapattu is Rs 660 per sq.ft, with Sai Greenfield's value being above this median.

What are the stamp duty and registration fees for Sai Greenfield?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 8,30,000. The stamp duty is Rs 58,100, and the registration fee is Rs 16,600, totaling Rs 74,700.

Which office handles the registration for Sai Greenfield?

The Padappai Sub Registrar Office handles the registration for Sai Greenfield, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.