Guideline Value

Corporate

Guideline Value for MARUTHAM ROYAL PARK PHASE-1

₹1200/sq.ft.

The guideline value for Marutham Royal Park Phase-1 in Aangadu village (Redhills SRO, Chennai zone) is Rs 1200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aangadu

Village

Redhills

SRO

Residential Class IV Type - III
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 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Marutham Royal Park Phase-1

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Marutham Royal Park Phase-1 guideline value

The current guideline value of Marutham Royal Park Phase-1 is Rs 1,200 per sq.ft, effective from 1 July 2024. This property is located in Aangadu village under the Redhills SRO and is classified as Residential Class IV Type - III.

How the guideline value of Marutham Royal Park Phase-1 has changed

The guideline value for Marutham Royal Park Phase-1 has remained at Rs 1,200 per sq.ft since the 2023 revision. The 2024 revision, effective from 1 July 2024, also lists the guideline value at Rs 1,200 per sq.ft, showing no percentage change from the previous year.

For the years prior to 2023, the register has no figure for this street in 2017, 2012, 2007, 2003, and 2002. Thus, the most recent figures available are from 2023 and 2024, both at Rs 1,200 per sq.ft.

Guideline values in Aangadu

In Aangadu, there are 23 streets under the Redhills SRO with a 2024 guideline value ranging from Rs 220 to Rs 1,200 per sq.ft. The median guideline value in this area is Rs 275 per sq.ft, placing Marutham Royal Park Phase-1's value above that median.

Stamp duty and registration fee for property in Marutham Royal Park Phase-1

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, while the registration fee at 2% would be Rs 24,000, making the total Rs 1,08,000. Duty is charged on the guideline value or the sale price, whichever is higher.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Marutham Royal Park Phase-1?

The Sub Registrar Office covering Marutham Royal Park Phase-1 is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is essential for determining the stamp duty and registration fees when buying or selling property in Aangadu. It serves as a benchmark for the minimum value at which a property can be registered, ensuring that the government receives the appropriate revenue from property transactions.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that all transactions are fairly assessed according to the established values in the area.

Frequently asked questions

What is the current guideline value for Marutham Royal Park Phase-1?

The current guideline value for Marutham Royal Park Phase-1 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 remained at Rs 1,200 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Aangadu?

The median guideline value for the 23 streets in Aangadu is Rs 275 per sq.ft. Marutham Royal Park Phase-1's guideline value is above this median.

What are the stamp duty and registration fees for a property in Marutham Royal Park Phase-1?

For a 1,000 sq.ft plot, the total guideline value is Rs 12,00,000. The stamp duty would be Rs 84,000, and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Which Sub Registrar Office handles registrations for Marutham Royal Park Phase-1?

The Redhills Sub Registrar Office is responsible for handling registrations for Marutham Royal Park Phase-1, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.