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Guideline Value

Corporate

Guideline Value for Sri Sai Ramana Gorden

₹100/sq.ft.

The guideline value for Sri Sai Ramana Gorden in Puzhuthivakkam village (Madurandakam SRO, Chengalpattu zone) is Rs 100 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

Puzhuthivakkam

Village

Madurandakam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹20 /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)

No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Sai Ramana Gorden

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Sri Sai Ramana Gorden guideline value

The current guideline value of Sri Sai Ramana Gorden is Rs 100 per sq.ft, effective from 1 July 2024. This street is located in Puzhuthivakkam village under the Madurandakam SRO, classified as Residential Class I Type - I.

How the guideline value of Sri Sai Ramana Gorden has changed

The guideline value for Sri Sai Ramana Gorden has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 100 per sq.ft, which remained unchanged from the 2023 revision. Prior to that, the value was Rs 67 per sq.ft in 2017, reflecting a significant increase of 49% from the previous figure. In 2012, the value was again set at Rs 100 per sq.ft, which was a decrease of 33% from the 2017 revision. The 2007 revision recorded a value of Rs 20 per sq.ft, marking a substantial increase of 400% to the 2012 figure.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Puzhuthivakkam

Puzhuthivakkam has 11 streets under the Madurandakam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 250 per sq.ft, with a median value of Rs 200 per sq.ft. Sri Sai Ramana Gorden's 2024 figure is below this median.

Stamp duty and registration fee for property in Sri Sai Ramana Gorden

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. It is important to note that the 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 Sri Sai Ramana Gorden?

The Sri Sai Ramana Gorden street falls under the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Puzhuthivakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the buyer must pay the stamp duty based on either the guideline value or the sale price, whichever is higher. This ensures that the government receives due revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Sri Sai Ramana Gorden?

The current guideline value of Sri Sai Ramana Gorden is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 20 per sq.ft in 2007 to Rs 100 per sq.ft in 2024, reflecting a 400% increase overall. The value remained unchanged from 2023 to 2024.

What is the stamp duty rate for properties in Sri Sai Ramana Gorden?

The stamp duty rate for properties in Sri Sai Ramana Gorden is 7% of the guideline value or sale price, whichever is higher.

Which office handles property registration for Sri Sai Ramana Gorden?

The Madurandakam Sub Registrar Office handles property registration for Sri Sai Ramana Gorden, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

How is the guideline value determined for streets in Puzhuthivakkam?

The guideline value for streets in Puzhuthivakkam is determined by the Registration Department's guideline value register, which is updated periodically based on various factors.