Guideline Value for Sandilya Nagar

Sandilya Nagar guideline value

The current guideline value of Sandilya Nagar is Rs 402 per sq.ft, effective from 1 July 2024. This area is located in Uthiramerur village under the Uthiramerur SRO, classified as Residential Class V Type - I.

How the guideline value of Sandilya Nagar has changed

According to the guideline value register, there are no recorded figures for Sandilya Nagar for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also listed the guideline value at Rs 402 per sq.ft, showing no change from the previous year.

The most recent revision in 2024 maintains the guideline value at Rs 402 per sq.ft, reflecting a change of +0% from 2023 to 2024. This consistency indicates stability in the guideline value for this street over the past two years.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO that have a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft. The median value for these streets is Rs 800 per sq.ft, placing Sandilya Nagar's 2024 figure below this median.

• Sappani Goundar street: Rs 1,000 per sq.ft (2024)
• Sakkaram Godhandarama Iyyangar Street: Rs 1,000 per sq.ft (2024)
• Sathakkam Kizhandai Street: Rs 900 per sq.ft (2024)
• Sathakkam Melandai Street: Rs 900 per sq.ft (2024)
• Sathakkam Street: Rs 900 per sq.ft (2024)
• Sadhkkam Pudhu Street: Rs 900 per sq.ft (2024)

Stamp duty and registration fee for property in Sandilya Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 4,02,000. The stamp duty at 7% would be Rs 28,140, and the registration fee at 2% would be Rs 8,040, totaling Rs 36,180. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sandilya Nagar?

The Sub Registrar Office that covers Sandilya Nagar is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Uthiramerur. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps in assessing the financial implications of the transaction. It is essential for both buyers and sellers to be aware of the guideline value to make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Sandilya Nagar?

The current guideline value of Sandilya Nagar is Rs 402 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sandilya Nagar has remained consistent at Rs 402 per sq.ft in both the 2023 and 2024 revisions. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value for streets in Uthiramerur?

The median guideline value for the 180 streets in Uthiramerur is Rs 800 per sq.ft. Sandilya Nagar's 2024 figure is below this median.

What are the stamp duty rates for property transactions?

The stamp duty rate for property transactions is 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% applicable.

Where can I find the Sub Registrar Office for Sandilya Nagar?

The Sub Registrar Office for Sandilya Nagar is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO through the provided link.