Guideline Value for Shrdi Sai Baba Nagar

Shrdi Sai Baba Nagar guideline value

The current guideline value of Shrdi Sai Baba Nagar is Rs 134 per sq.ft, effective from 1 July 2024. This area is located in G.C.S. Kandigai (B) village under the Ramakrishna Rajupettai SRO, classified as Residential Special Type - III.

How the guideline value of Shrdi Sai Baba Nagar has changed

The guideline value for Shrdi Sai Baba Nagar has remained at Rs 134 per sq.ft for both the 2023 and 2024 revisions. Prior to these, the register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

From 2023 to 2024, there was no percentage change, indicating stability at the current rate. The previous revisions do not provide any figures for this street, confirming that the current rate has been consistent since 2023.

Guideline values in G.C.S. Kandigai (B)

In G.C.S. Kandigai (B), there are three streets under the Ramakrishna Rajupettai SRO that carry a 2024 guideline value. The current guideline value of Shrdi Sai Baba Nagar is above the median value of Rs 126 per sq.ft for the area.

• Jpr Nagar: Rs 126 per sq.ft (2024)
• Sri Pachyamman Nagar: Rs 126 per sq.ft (2024)

Stamp duty and registration fee for property in Shrdi Sai Baba Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 134 per sq.ft, the total guideline value would be Rs 1,34,000. The stamp duty at 7% would amount to Rs 9,380, and the registration fee at 2% would be Rs 2,680, bringing the total fees to Rs 12,060. 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 to estimate your fees based on the current rates.

Which Sub Registrar Office covers Shrdi Sai Baba Nagar?

The Sub Registrar Office that covers Shrdi Sai Baba Nagar is the Ramakrishna Rajupettai Sub Registrar Office, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in G.C.S. Kandigai (B)

The guideline value is a crucial component in the registration process for property transactions in G.C.S. Kandigai (B). It determines the minimum value at which a property can be registered, impacting the stamp duty and registration fees payable.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, providing a standardized measure for taxation purposes. Buyers and sellers should be aware of the current guideline values to make informed decisions during the registration process.

Frequently asked questions

What is the current guideline value of Shrdi Sai Baba Nagar?

The current guideline value of Shrdi Sai Baba Nagar is Rs 134 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2023, the guideline value has remained at Rs 134 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for property in Shrdi Sai Baba Nagar?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 1,34,000, the total fees would be Rs 12,060.

Which Sub Registrar Office handles registrations for Shrdi Sai Baba Nagar?

The Ramakrishna Rajupettai Sub Registrar Office is responsible for registrations in Shrdi Sai Baba Nagar, located at Pallipattu Road, Rk Pettai 631 303, Chennai registration zone.

Where can I find the guideline values for other streets in G.C.S. Kandigai (B)?

Other streets in G.C.S. Kandigai (B) include Jpr Nagar and Sri Pachyamman Nagar, both with a guideline value of Rs 126 per sq.ft for 2024. You can find more details in the respective links provided.