Guideline Value

Corporate

Guideline Value for Sathya Sai Nagar

₹1000/sq.ft.

The guideline value for Sathya Sai Nagar in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹330 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sathya Sai Nagar

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Sathya Sai Nagar guideline value

The current guideline value of Sathya Sai Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Sathya Sai Nagar has changed

The guideline value for Sathya Sai Nagar has seen several revisions over the years. The earliest recorded revision was in 2007, with a value of Rs 330 per sq.ft. This increased to Rs 1,000 per sq.ft in 2012, marking a significant rise of 203%. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, reflecting a decline of 33%. The guideline value then rose again to Rs 1,000 per sq.ft in both 2023 and 2024, showing no change between these two revisions.

In summary, the guideline value has increased by 49% from 2017 to 2023, and overall, it has increased by 203% from 2007 to 2024. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft. The median value is Rs 1,000 per sq.ft, which is the same as the guideline value for Sathya Sai Nagar.

Stamp duty and registration fee for property in Sathya Sai Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total cost for these fees Rs 90,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sathya Sai Nagar?

The Sub Registrar Office that covers Sathya Sai Nagar is 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 Adhanoor

The guideline value is a crucial factor in property transactions in Adhanoor, as it determines the minimum value at which a property can be registered. When a buyer or seller engages in a transaction, the guideline value serves as a benchmark for calculating stamp duty and registration fees.

It is essential for both parties to be aware of the guideline value to ensure compliance with legal requirements during the registration process. This value helps in establishing a transparent and fair transaction between buyers and sellers.

Frequently asked questions

What is the current guideline value of Sathya Sai Nagar?

The current guideline value of Sathya Sai Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed multiple times, starting from Rs 330 per sq.ft in 2007, rising to Rs 1,000 in 2012, dropping to Rs 670 in 2017, and then returning to Rs 1,000 in both 2023 and 2024.

What is the land classification for Sathya Sai Nagar?

Sathya Sai Nagar is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the registration office for Sathya Sai Nagar?

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

How is stamp duty calculated for properties in Sathya Sai Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, for a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 at a rate of 7%.