Guideline Value for Sathiya Sai Nagar
₹250/sq.ft.
The guideline value for Sathiya Sai Nagar in Katrampakkam B village (Sriperumpudur SRO, Chengalpattu zone) is Rs 250 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
Katrampakkam B
Village
Sriperumpudur
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | N/A |
| 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.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Sathiya Sai 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
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sathiya Sai Nagar guideline value
The current guideline value of Sathiya Sai Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Katrampakkam B village under the Sriperumpudur SRO and is classified as Residential Class III Type - I.
How the guideline value of Sathiya Sai Nagar has changed
In the 2017 revision, the guideline value was Rs 167 per sq.ft. This figure remained unchanged at Rs 250 per sq.ft in the 2023 revision and again in the 2024 revision, showing no increase from 2023 to 2024. Overall, from 2017 to 2024, the guideline value has increased by 50%.
It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Sathiya Sai Nagar. The 2024 and 2023 revisions both stand at Rs 250 per sq.ft, indicating stability in the guideline value over these two years, while the increase from 2017 to 2023 was 50%.
Guideline values in Katrampakkam B
In Katrampakkam B, there are 44 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 150 to Rs 800 per sq.ft, with a median value of Rs 275 per sq.ft. Sathiya Sai Nagar's 2024 guideline value is below this median.
- Selliyamman Koil Street: Rs 300 per sq.ft (2024)
- Sifea Nagar: Rs 250 per sq.ft (2024)
- Royal Homes: Rs 400 per sq.ft (2024)
- Ram Nagar: Rs 250 per sq.ft (2024)
- Sri Bangaru Kamachi Amman Nagar: Rs 250 per sq.ft (2024)
- Sri Eswara Nagar: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Sathiya Sai Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. 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 further calculations.
Which Sub Registrar Office covers Sathiya Sai Nagar?
The Sub Registrar Office that covers Sathiya Sai Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Katrampakkam B
The guideline value is crucial during property transactions as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value for calculating stamp duty and registration fees, which are based on the guideline value or the sale price, whichever is higher.
When registering a property, the guideline value ensures that the transaction is recorded accurately and reflects the legal value of the property. This helps in maintaining transparency and compliance with local regulations.
Frequently asked questions
What is the current guideline value of Sathiya Sai Nagar?
The current guideline value of Sathiya Sai Nagar is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value increased from Rs 167 per sq.ft in 2017 to Rs 250 per sq.ft in both 2023 and 2024, showing a 50% increase overall from 2017 to 2024.
What are the other streets in Katrampakkam B and their guideline values?
Other streets in Katrampakkam B include Selliyamman Koil Street at Rs 300 per sq.ft, Sifea Nagar at Rs 250 per sq.ft, Royal Homes at Rs 400 per sq.ft, Ram Nagar at Rs 250 per sq.ft, Sri Bangaru Kamachi Amman Nagar at Rs 250 per sq.ft, and Sri Eswara Nagar at Rs 400 per sq.ft.
What are the stamp duty and registration fees for properties in Sathiya Sai Nagar?
For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.
Which office handles the registration of properties in Sathiya Sai Nagar?
The Sriperumpudur Sub Registrar Office handles the registration of properties in Sathiya Sai Nagar. It is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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