Guideline Value

Corporate

Guideline Value for Saraswathi Nagar Annexe & Ext

₹3500/sq.ft.

The guideline value for Saraswathi Nagar Annexe & Ext in Puthagaram village (Ambattur SRO, Chennai zone) is Rs 3500 per sq.ft, effective 1 July 2024. It was Rs 3200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puthagaram

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3500 /sq.ft.
From 1-4-2023 ₹3200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2144 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3200 /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

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Saraswathi Nagar Annexe & Ext

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Saraswathi Nagar Annexe & Ext guideline value

The current guideline value of Saraswathi Nagar Annexe & Ext is Rs 3,500 per sq.ft, effective from 1 July 2024. This area is located in Puthagaram village and falls under the Ambattur SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Saraswathi Nagar Annexe & Ext has changed

The guideline value for Saraswathi Nagar Annexe & Ext has seen several revisions over the years. The 2012 revision set the value at Rs 3,200 per sq.ft, which was a decrease of 33% from the 2017 revision, where the value was Rs 2,144 per sq.ft. The next revision in 2023 raised the value to Rs 3,200 per sq.ft, and the most recent revision in 2024 increased it again to Rs 3,500 per sq.ft, marking a 9% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 9%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Puthagaram

Puthagaram village has a total of 140 streets under the Ambattur SRO carrying a 2024 guideline value ranging from Rs 1,200 to Rs 3,800 per sq.ft, with a median value of Rs 1,900 per sq.ft. The guideline value for Saraswathi Nagar Annexe & Ext is above this median.

Stamp duty and registration fee for property in Saraswathi Nagar Annexe & Ext

For a 1,000 sq.ft plot at the current rate of Rs 3,500 per sq.ft, the guideline value would be Rs 35,00,000. The stamp duty at 7% would be Rs 2,45,000, and the registration fee at 2% would be Rs 70,000, bringing the total to Rs 3,15,000. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Saraswathi Nagar Annexe & Ext?

The Sub Registrar Office that covers Saraswathi Nagar Annexe & Ext is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor when buying or selling property in Puthagaram. It serves as a reference point for determining the stamp duty and registration fees applicable during the transaction.

When registering a property, the guideline value is considered to ensure that the transaction is recorded accurately, reflecting the value of the property as per the local regulations.

Frequently asked questions

What is the current guideline value of Saraswathi Nagar Annexe & Ext?

The current guideline value of Saraswathi Nagar Annexe & Ext is Rs 3,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,200 per sq.ft in 2023 to Rs 3,500 per sq.ft in 2024, marking a 9% increase. It was Rs 2,144 per sq.ft in 2017 and Rs 3,200 per sq.ft in 2012, showing a significant increase over the years.

What is the land classification for Saraswathi Nagar Annexe & Ext?

The land classification for Saraswathi Nagar Annexe & Ext is Residential Special Type - I.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is 2%. For a property valued at Rs 35,00,000, the total fees would be Rs 3,15,000.

Which office handles property registrations in this area?

The Ambattur Sub Registrar Office handles property registrations for Saraswathi Nagar Annexe & Ext, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.