Guideline Value for Sri Sai Avenue

Sri Sai Avenue guideline value

The current guideline value of Sri Sai Avenue is Rs 1,000 per sq.ft, as per the 2023 revision. This street is located in Thaiyur-A village and falls under the Thiruporur SRO. The land classification for this area is New House Site Type -I (Individual House Site).

How the guideline value of Sri Sai Avenue has changed

In the 2017 revision, the guideline value was Rs 670 per sq.ft. This figure saw an increase of 49% in the 2023 revision, bringing the current guideline value to Rs 1,000 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

To summarize the changes, the guideline value rose from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023. The absence of figures for the other revisions indicates that the guideline value has not been updated for those years.

Guideline values in Thaiyur-A

Currently, there are no specific village figures available for Thaiyur-A. Sri Sai Avenue is part of this area, and there are no other streets in Thaiyur-A listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Sri Sai Avenue

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to 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, totaling Rs 90,000. It is important to note that the 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 more details.

Which Sub Registrar Office covers Sri Sai Avenue?

The Sub Registrar Office that covers Sri Sai Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value plays a crucial role during property registration in Thaiyur-A. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When a buyer or seller approaches the registration office, the guideline value is referenced to ensure that the appropriate fees are calculated based on the current rates. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Sri Sai Avenue?

The current guideline value of Sri Sai Avenue is Rs 1,000 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 670 per sq.ft to Rs 1,000 per sq.ft, which is a rise of 49%.

Are there any guideline values for previous years?

No figures are available for the years 2002, 2003, 2007, 2012, and 2024 for Sri Sai Avenue.

What are the stamp duty and registration fees for a property in Sri Sai Avenue?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000.

Where is the Sub Registrar Office for Sri Sai Avenue located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.