Guideline Value for Sai Thiya Nagar
₹126/sq.ft.
The guideline value for Sai Thiya Nagar in Pusivakkam village (Walajabad SRO, Chengalpattu zone) is Rs 126 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pusivakkam
Village
Walajabad
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹126 /sq.ft. |
| From 1-4-2023 | ₹126 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹84 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹125 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Sai Thiya Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Walajabad sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sai Thiya Nagar guideline value
The current guideline value of Sai Thiya Nagar is Rs 126 per sq.ft, effective from 1 July 2024. This street is located in Pusivakkam village, under the Walajabad SRO, and is classified as Residential Class III Type - I.
How the guideline value of Sai Thiya Nagar has changed
Since the 2012 revision, the guideline value for Sai Thiya Nagar has seen a slight increase. In 2012, the value was Rs 125 per sq.ft, which decreased to Rs 84 per sq.ft in 2017. Following this, the value rose significantly by 50% to Rs 126 per sq.ft in 2023, and it remained unchanged at Rs 126 per sq.ft in the 2024 revision.
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 just 1%.
Guideline values in Pusivakkam
In Pusivakkam, there are 22 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 598 per sq.ft. The median guideline value for these streets is Rs 150 per sq.ft, placing Sai Thiya Nagar's 2024 figure below this median.
- Sai Shanmuga Nagar: Rs 350 per sq.ft (2024)
- Sai Ganesh Nagar: Rs 126 per sq.ft (2024)
- Royal City Phase-III: Rs 175 per sq.ft (2024)
- Royal City Phase - II: Rs 175 per sq.ft (2024)
- Royal City Phase-I: Rs 175 per sq.ft (2024)
- Sri Chellammal Nagar: Rs 150 per sq.ft (2024)
Stamp duty and registration fee for property in Sai Thiya Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 126 per sq.ft, the total guideline value would be Rs 1,26,000. The stamp duty at 7% would amount to Rs 8,820, and the registration fee at 2% would be Rs 2,520, bringing the total to Rs 11,340. Please 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.
Which Sub Registrar Office covers Sai Thiya Nagar?
The Sub Registrar Office covering Sai Thiya Nagar is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Pusivakkam
The guideline value is an essential factor in property transactions in Pusivakkam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value or the sale price, whichever is higher.
When registering a property, the guideline value helps ensure that the transaction is recorded at a fair value, which is crucial for legal and taxation purposes. It is advisable for both parties to be aware of the current guideline value to avoid disputes during the registration process.
Frequently asked questions
What is the current guideline value of Sai Thiya Nagar?
The current guideline value of Sai Thiya Nagar is Rs 126 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 125 per sq.ft in 2012 to Rs 84 per sq.ft in 2017, then to Rs 126 per sq.ft in 2023, and it has remained the same in 2024. Overall, from 2012 to 2024, there has been a 1% increase.
What are the other streets in Pusivakkam with their guideline values?
Other streets in Pusivakkam include Sai Shanmuga Nagar at Rs 350 per sq.ft, Sai Ganesh Nagar at Rs 126 per sq.ft, and several Royal City phases at Rs 175 per sq.ft. Sri Chellammal Nagar is at Rs 150 per sq.ft.
What are the stamp duty and registration fees for properties in Sai Thiya Nagar?
The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 1,26,000, the total fees would amount to Rs 11,340.
Where can I find the Sub Registrar Office for Sai Thiya Nagar?
The Sub Registrar Office for Sai Thiya Nagar is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more information by visiting the relevant link.
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