Guideline Value for Sai Krishna Garden

Sai Krishna Garden guideline value

The current guideline value of Sai Krishna Garden is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Kunduperumpedu village, under the Sriperumpudur Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Sai Krishna Garden has changed

The guideline value for Sai Krishna Garden has seen several revisions over the years. The most recent revisions show that in 2012, the value was Rs 200 per sq.ft, which then decreased to Rs 134 per sq.ft in 2017. Following this, the value increased to Rs 200 per sq.ft in both 2023 and 2024, indicating no change between these two years. Notably, there are no figures for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but the value increased by 49% from 2017 to 2023. Overall, the guideline value from 2012 to 2024 has remained constant at Rs 200 per sq.ft, reflecting stability in the recent years.

Guideline values in Kunduperumpedu

In Kunduperumpedu, there are 35 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft, with the median value being Rs 200 per sq.ft. The guideline value for Sai Krishna Garden aligns with this median.

• Selvam Nagar: Rs 250 per sq.ft (2024)
• Shriradi Sai Nagar: Rs 300 per sq.ft (2024)
• Sky city: Rs 200 per sq.ft (2024)
• Perumal Koil Street: Rs 150 per sq.ft (2024)
• Sri Isvaryam Garden: Rs 300 per sq.ft (2024)
• peninsula Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Krishna Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty is charged at 7%, which totals Rs 14,000, and the registration fee is 2%, amounting to Rs 4,000. Therefore, the total cost for stamp duty and registration fee together is Rs 18,000. 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 detailed calculations.

Which Sub Registrar Office covers Sai Krishna Garden?

The Sai Krishna Garden area falls under the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Kunduperumpedu. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue based on the property's value at the time of the transaction.

Frequently asked questions

What is the current guideline value of Sai Krishna Garden?

The current guideline value of Sai Krishna Garden is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft in both 2023 and 2024, while it decreased to Rs 134 per sq.ft in 2017 from Rs 200 per sq.ft in 2012. There are no figures available for the years 2002, 2003, and 2007.

What is the land classification for Sai Krishna Garden?

The land classification for Sai Krishna Garden is Residential Class II Type - I, indicating its suitability for residential purposes.

What other streets have guideline values in Kunduperumpedu?

Other streets in Kunduperumpedu include Selvam Nagar, Shriradi Sai Nagar, Sky city, Perumal Koil Street, Sri Isvaryam Garden, and peninsula Nagar, with values ranging from Rs 150 to Rs 300 per sq.ft as of 2024.

How is the stamp duty calculated for properties in Sai Krishna Garden?

Stamp duty for properties in Sai Krishna Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft incurs a total stamp duty of Rs 14,000.