Guideline Value

Corporate

Guideline Value for Sri Sai Baba Nagar

₹1200/sq.ft.

The guideline value for Sri Sai Baba Nagar in Nandhivaram village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Nandhivaram

Village

Gooduvancheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹328 /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 Sri Sai Baba Nagar

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Sri Sai Baba Nagar guideline value

The current guideline value of Sri Sai Baba Nagar, located in Nandhivaram village, is Rs 1,200 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Residential Class I Type - I.

How the guideline value of Sri Sai Baba Nagar has changed

Over the years, the guideline value for Sri Sai Baba Nagar has seen several revisions. The 2007 revision recorded a guideline value of Rs 328 per sq.ft, which increased significantly to Rs 1,200 per sq.ft in the 2012 revision, marking a 266% increase. However, the value dropped to Rs 804 per sq.ft in the 2017 revision, a decrease of 33%. Following this, the 2023 and 2024 revisions maintained the value at Rs 1,200 per sq.ft, showing no change from the previous year.

The register does not have figures for the years 2002 and 2003 for this street. Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 266%.

Guideline values in Nandhivaram

Nandhivaram village has a total of 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 1,000 to Rs 3,500 per sq.ft. The median guideline value for these streets is Rs 1,500 per sq.ft, placing Sri Sai Baba Nagar's 2024 figure below that median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total fees to Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sri Sai Baba Nagar?

The Sub Registrar Office that covers Sri Sai Baba Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nandhivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Nandhivaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, buyers and sellers must consider the guideline value, as it is used to calculate the applicable duties. The registration process ensures that the transaction is legally recognized and that the necessary fees are collected based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

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

The current guideline value of Sri Sai Baba Nagar is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, from Rs 328 per sq.ft in 2007 to Rs 1,200 per sq.ft in 2012, then dropping to Rs 804 per sq.ft in 2017, and remaining at Rs 1,200 per sq.ft in 2023 and 2024.

What is the median guideline value in Nandhivaram?

The median guideline value for the 169 streets in Nandhivaram is Rs 1,500 per sq.ft, which is higher than the current value of Sri Sai Baba Nagar.

What fees are associated with buying property in Sri Sai Baba Nagar?

When buying property in Sri Sai Baba Nagar, the total fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sri Sai Baba Nagar?

The Gooduvancheri Sub Registrar Office covers Sri Sai Baba Nagar, located at Defence Colony Road, near Veterinary Hospital, Nandhivaram, Guduvanchery-603202, Chengalpattu registration zone.