Guideline Value for Sai Nagar

Sai Nagar guideline value

The current guideline value of Sai Nagar is Rs 550 per sq.ft, effective from 1 July 2024. This street is located in Vadakal_C village under the Sriperumpudur SRO, classified as Residential Special Type - I.

How the guideline value of Sai Nagar has changed

The guideline value for Sai Nagar has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 500 per sq.ft, which increased to Rs 550 per sq.ft in the 2024 revision, marking a change of +10%.

Prior to the 2023 revision, there were no recorded figures for the street in the revisions from 2002 to 2017. The 2024 revision reflects the current value, which is now established at Rs 550 per sq.ft.

Guideline values in Vadakal_C

In Vadakal_C, there are 61 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,500 per sq.ft. The median guideline value for these streets is Rs 400 per sq.ft, indicating that Sai Nagar's 2024 figure is above this median.

• Sakthi Garden: Rs 200 per sq.ft (2024)
• Sathya Sai Nagar: Rs 550 per sq.ft (2024)
• Sivan Koil Street: Rs 300 per sq.ft (2024)
• S&P Elegance: Rs 205 per sq.ft (2024)
• Sri Aurobindo Nagar Part - II: Rs 150 per sq.ft (2024)
• Sri Aurobindo Vasantham Nature City: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Sai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total fees together to Rs 49,500. 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 on fees applicable to your property transaction.

Which Sub Registrar Office covers Sai Nagar?

The Sai Nagar area falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for further assistance.

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

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

When buying or selling property, the guideline value helps establish a fair price for the transaction. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sai Nagar?

The current guideline value of Sai Nagar is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sai Nagar was Rs 500 per sq.ft in 2023 and increased to Rs 550 per sq.ft in 2024, reflecting a change of +10%. There are no recorded figures for the revisions in 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Sai Nagar?

Sai Nagar is classified as Residential Special Type - I under the guideline value register.

What other streets are in Vadakal_C?

Vadakal_C has several other streets with varying guideline values. For example, Sakthi Garden has a guideline value of Rs 200 per sq.ft, while Sivan Koil Street is valued at Rs 300 per sq.ft.

Where is the Sriperumpudur Sub Registrar Office located?

The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. This office handles property registrations for Sai Nagar and the surrounding areas.