Guideline Value for Sai santhivilla Layout

Sai santhivilla Layout guideline value

The current guideline value of Sai santhivilla Layout in Kavanur village is Rs 900 per sq.ft, effective from 1 July 2024. This property falls under the Gooduvancheri SRO and is classified as Residential Class III Type - IV.

How the guideline value of Sai santhivilla Layout has changed

Since the 2012 revision, the guideline value for Sai santhivilla Layout has seen several changes. The 2012 revision set the value at Rs 800 per sq.ft, which was a decrease of 33% from the 2017 revision figure of Rs 536 per sq.ft. The value remained unchanged at Rs 900 per sq.ft in both the 2023 and 2024 revisions, reflecting a 68% increase from 2017 to 2023. Overall, from 2012 to 2024, the guideline value has increased by 13%.

The register has no figures for the years 2002, 2003, and 2007. Therefore, the most relevant revisions for this street are from 2012, 2017, 2023, and 2024, with the current value being Rs 900 per sq.ft.

Guideline values in Kavanur

Kavanur village has a total of 109 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 500 to Rs 2,239 per sq.ft as of 2024. The median guideline value for these streets is Rs 800 per sq.ft, placing Sai santhivilla Layout's 2024 figure above this median.

• Sai Nagar: Rs 800 per sq.ft (2024)
• R.V.R. Nagar: Rs 800 per sq.ft (2024)
• Rithika Garden Phase -VII: Rs 1,000 per sq.ft (2024)
• Rithika Garden Phase -VI: Rs 1,000 per sq.ft (2024)
• Rithika Garden Phase -V: Rs 1,000 per sq.ft (2024)
• Rithika Garden Phase - II: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Sai santhivilla Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, totaling Rs 81,000. Please note that the duty is charged on the higher of the guideline value and the sale price. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sai santhivilla Layout?

The Sai santhivilla Layout is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Kavanur. It is the benchmark for calculating the stamp duty and registration fees, ensuring that transactions are recorded accurately and transparently.

When buying or selling property, the guideline value is used to determine the official value of the property for registration purposes. This helps in maintaining a standard across transactions, preventing discrepancies in property valuations.

Frequently asked questions

What is the current guideline value of Sai santhivilla Layout?

The current guideline value of Sai santhivilla Layout is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 800 per sq.ft in 2012 to Rs 900 per sq.ft in 2023 and 2024, with a significant increase from Rs 536 per sq.ft in 2017.

What is the classification of Sai santhivilla Layout?

Sai santhivilla Layout is classified as Residential Class III Type - IV under the Gooduvancheri SRO.

Where can I find the registration office for Sai santhivilla Layout?

The registration office for Sai santhivilla Layout is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Kavanur?

Stamp duty in Kavanur is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 9,00,000, the stamp duty would be Rs 63,000 at 7%.