Guideline Value for OMR (A) RAJIV GANDHI SALAI

Omr (A) Rajiv Gandhi Salai guideline value

The current guideline value of Omr (A) Rajiv Gandhi Salai is Rs 4,000 per sq.ft as per the 2023 revision. This street falls under the jurisdiction of the Thiruporur Sub Registrar Office and is classified as Mixed Type - II land.

How the guideline value of Omr (A) Rajiv Gandhi Salai has changed

The guideline value for Omr (A) Rajiv Gandhi Salai has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 4,000 per sq.ft, which remained unchanged in the 2023 revision. However, between the 2012 and 2017 revisions, there was a decrease to Rs 2,680 per sq.ft. The most recent revision in 2023 saw an increase of 49% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained the same at Rs 4,000 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kelambakkam

Currently, there are no specific guideline values available for other streets in Kelambakkam. Omr (A) Rajiv Gandhi Salai is the only street mentioned with a guideline value of Rs 4,000 per sq.ft as per the latest revision.

Stamp duty and registration fee for property in Omr (A) Rajiv Gandhi Salai

For a 1,000 sq.ft plot at the current rate of Rs 4,000 per sq.ft, the guideline value amounts to Rs 40,00,000. The stamp duty at 7% would be Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, totaling Rs 3,60,000. 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 Omr (A) Rajiv Gandhi Salai?

The Omr (A) Rajiv Gandhi Salai is covered by the Thiruporur Sub Registrar Office, 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 Kelambakkam

The guideline value is a crucial factor in the registration process when buying or selling property in Kelambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Omr (A) Rajiv Gandhi Salai?

The current guideline value of Omr (A) Rajiv Gandhi Salai is Rs 4,000 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

From 2012 to 2017, the guideline value decreased from Rs 4,000 per sq.ft to Rs 2,680 per sq.ft. However, it increased to Rs 4,000 per sq.ft again in the 2023 revision, resulting in an overall change of 0% from 2012 to 2023.

What is the stamp duty rate for properties in Omr (A) Rajiv Gandhi Salai?

The stamp duty rate for properties in Omr (A) Rajiv Gandhi Salai is 7% of the guideline value or the sale price, whichever is higher.

Where is the Thiruporur Sub Registrar Office located?

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

What land classification does Omr (A) Rajiv Gandhi Salai fall under?

Omr (A) Rajiv Gandhi Salai is classified as Mixed Type - II land according to the registration records.