Guideline Value for Sri Sanjeevi Nagar

Sri Sanjeevi Nagar guideline value

The current guideline value of Sri Sanjeevi Nagar is Rs 1,800 per sq.ft. This area is located in Puthupakkam village under the Thiruporur Sub Registrar Office (SRO) and is classified as Commercial Class I Type - II.

How the guideline value of Sri Sanjeevi Nagar has changed

According to the guideline value register, the revisions for Sri Sanjeevi Nagar show no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 1,800 per sq.ft, which remains unchanged from previous years.

As of now, there is no guideline value published for the year 2024. The 2023 revision is the only available figure for this street, indicating stability in the guideline value over the years.

Guideline values in Puthupakkam

Currently, there are no specific village figures provided for Puthupakkam. Sri Sanjeevi Nagar is the only street mentioned in the guideline value register under the Thiruporur SRO.

Stamp duty and registration fee for property in Sri Sanjeevi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, totaling Rs 1,62,000. Please note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sanjeevi Nagar?

The Thiruporur Sub Registrar Office covers Sri Sanjeevi Nagar. The office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is crucial during the registration process when buying or selling property in Puthupakkam. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately for legal and taxation purposes.

When a buyer or seller approaches the registration office, the guideline value will be used to calculate the applicable stamp duty and registration fees. This ensures transparency and compliance with local regulations in property transactions.

Frequently asked questions

What is the current guideline value of Sri Sanjeevi Nagar?

The current guideline value of Sri Sanjeevi Nagar is Rs 1,800 per sq.ft as per the 2023 revision.

What is the classification of land in Sri Sanjeevi Nagar?

Sri Sanjeevi Nagar is classified as Commercial Class I Type - II, indicating its suitability for commercial activities.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Sri Sanjeevi Nagar across various revisions. The only available figure is from the 2023 revision at Rs 1,800 per sq.ft.

What are the stamp duty and registration fees for property in Sri Sanjeevi Nagar?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a property valued at Rs 18,00,000, the total fees would amount to Rs 1,62,000.

Which office should I contact for registration in Sri Sanjeevi Nagar?

The Thiruporur Sub Registrar Office is responsible for property registration in Sri Sanjeevi Nagar. It is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.