Guideline Value for Sanjeevi Nagar

Sanjeevi Nagar guideline value

The current guideline value of Sanjeevi Nagar is Rs 900 per sq.ft, effective from 1 July 2024. Sanjeevi Nagar is located in Vedapalayam village, under the Uthiramerur SRO. The land classification for this area is Residential Class III Type - IV.

How the guideline value of Sanjeevi Nagar has changed

In the 2023 revision, the guideline value for Sanjeevi Nagar was Rs 900 per sq.ft, which remained unchanged in the 2024 revision. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, from 2023 to 2024, there was no change in the guideline value, with a consistent figure of Rs 900 per sq.ft across these two years.

Guideline values in Vedapalayam

In Vedapalayam, there are 29 streets under the Uthiramerur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 900 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value for Sanjeevi Nagar is above this median.

• Siva Sakthi Nagar: Rs 603 per sq.ft (2024)
• Sri Kamatchi Yogam Enclave: Rs 400 per sq.ft (2024)
• Prabhu Avenu: Rs 400 per sq.ft (2024)
• S V Nagar Extension: Rs 600 per sq.ft (2024)
• Nukallamman Koil Street: Rs 600 per sq.ft (2024)
• New Selva Seeman Extension: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Sanjeevi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 900 per sq.ft, the guideline value would be Rs 9,00,000. The stamp duty at 7% would amount to Rs 63,000, and the registration fee at 2% would be Rs 18,000, totaling Rs 81,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sanjeevi Nagar?

The Sub Registrar Office that covers Sanjeevi 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 Vedapalayam

The guideline value is an essential factor during property registration in Vedapalayam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps in determining the minimum value at which a property can be registered. This is crucial for both buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Sanjeevi Nagar?

The current guideline value of Sanjeevi Nagar is Rs 900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Sanjeevi Nagar from 2023 to 2024, as it remained at Rs 900 per sq.ft. The register has no figures for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sanjeevi Nagar?

The land classification for Sanjeevi Nagar is Residential Class III Type - IV. This classification indicates the type of development and usage permitted in the area.

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

The Sub Registrar Office for Sanjeevi Nagar is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

How is stamp duty calculated for properties in Sanjeevi Nagar?

Stamp duty for properties in Sanjeevi Nagar is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 900 per sq.ft would incur a total stamp duty of Rs 63,000.