Guideline Value for Sathyapriya Nagar Part-I,II,III

Sathyapriya Nagar Part-I,II,III guideline value

The current guideline value for Sathyapriya Nagar Part-I,II,III is Rs 1,000 per sq.ft. This area is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Sathyapriya Nagar Part-I,II,III has changed

The guideline value for Sathyapriya Nagar Part-I,II,III has undergone several revisions over the years. In 2007, the guideline value was Rs 200 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a 400% rise. However, from 2012 to 2017, the value decreased to Rs 670 per sq.ft, reflecting a decline of 33%. The value then increased to Rs 1,000 per sq.ft in 2023, and it remains the same in 2024, showing no change between these two years.

The overall change from 2007 to 2024 is an increase of 400%. Notably, there are no figures available in the register 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 for these streets is Rs 1,000 per sq.ft, which is equal to the current value for Sathyapriya Nagar Part-I,II,III.

• Sathya Sai Nagar: Rs 1,000 per sq.ft (2024)
• Sathyapriya Avenue: Rs 1,000 per sq.ft (2024)
• Saraswathi Avenue: Rs 1,000 per sq.ft (2024)
• Selva Vinayagar Nagar: Rs 1,000 per sq.ft (2024)
• Senthil Nagar: Rs 1,000 per sq.ft (2024)
• Shalini Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Sathyapriya Nagar Part-I,II,III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value is Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sathyapriya Nagar Part-I,II,III?

The Sub Registrar Office that covers Sathyapriya Nagar Part-I,II,III 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 details.

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

The guideline value plays a crucial role during the registration process of property transactions in Adhanoor. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial obligations involved in the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value of Sathyapriya Nagar Part-I,II,III?

The current guideline value of Sathyapriya Nagar Part-I,II,III is Rs 1,000 per sq.ft, effective from July 1, 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017, and increased to Rs 1,000 per sq.ft in 2023 and 2024.

What is the land classification of Sathyapriya Nagar Part-I,II,III?

Sathyapriya Nagar Part-I,II,III is classified as Residential Special Type - I.

Where can I find the Sub Registrar Office for Sathyapriya Nagar Part-I,II,III?

The Gooduvancheri Sub Registrar Office covers Sathyapriya Nagar Part-I,II,III, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Sathyapriya Nagar Part-I,II,III?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 10,00,000 would incur a stamp duty of Rs 70,000.