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 3,000 per sq.ft, as per the 2023 revision. This street falls under the Thiruporur SRO 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 seen significant changes over the years. The 2017 revision set the guideline value at Rs 2,010 per sq.ft, which was a notable increase from previous years. The 2023 revision raised this figure to Rs 3,000 per sq.ft, reflecting a 49% increase from the 2017 value.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. The only revisions with figures are from 2017 and 2023.

Guideline values in Thaiyur-A

Currently, there are no specific guideline values provided for other streets in Thaiyur-A. The Omr (A) Rajiv Gandhi Salai guideline value stands alone in this context.

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 3,000 per sq.ft, the guideline value would be Rs 30,00,000. The stamp duty at 7% would amount to Rs 2,10,000, and the registration fee at 2% would be Rs 60,000, bringing the total to Rs 2,70,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

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. To find your specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value plays a crucial role in the registration process of property transactions in Thaiyur-A. When buying or selling a property, the guideline value is used to determine the stamp duty and registration fees that must be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it can significantly impact the overall costs associated with property transactions. Ensuring compliance with the guideline value helps in smooth registration and avoids potential legal issues.

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 3,000 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 2,010 per sq.ft to Rs 3,000 per sq.ft, which is a change of 49%.

Are there any guideline values for other streets in Thaiyur-A?

Currently, there are no specific guideline values provided for other streets in Thaiyur-A. The Omr (A) Rajiv Gandhi Salai is the only street with a defined guideline value at this time.

What are the stamp duty and registration fees for properties in Omr (A) Rajiv Gandhi Salai?

For a property valued at Rs 30,00,000, the stamp duty would be Rs 2,10,000 and the registration fee would be Rs 60,000, totaling Rs 2,70,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Omr (A) Rajiv Gandhi Salai?

The registration for Omr (A) Rajiv Gandhi Salai is handled by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.