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 3,500 per sq.ft, as per the 2023 revision. This street is located in Yegatoor village under the Thiruporur SRO, and it is classified as Commercial Class I Type - I land.

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

The guideline value for Omr (A) Rajiv Gandhi Salai has seen several revisions over the years. In the 2012 revision, the value was set at Rs 3,500 per sq.ft. However, in the 2017 revision, it decreased to Rs 2,345 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw the guideline value rise again to Rs 3,500 per sq.ft, resulting in an increase of 49% from the 2017 figure.

When considering the overall changes from 2012 to 2023, the guideline value remains the same at Rs 3,500 per sq.ft, indicating no overall change during this period. 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 Yegatoor

Currently, there are no specific village figures available for Yegatoor. Omr (A) Rajiv Gandhi Salai is the only street mentioned, and there are no other streets in Yegatoor under the Thiruporur SRO.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,500 per sq.ft, the total guideline value amounts to Rs 35,00,000. The stamp duty at 7% would be Rs 2,45,000, while the registration fee at 2% would be Rs 70,000. Together, the total cost for stamp duty and registration fee would be Rs 3,15,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Omr (A) Rajiv Gandhi Salai?

The Sub Registrar Office covering Omr (A) Rajiv Gandhi Salai is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Yegatoor. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

During the registration process, the authorities will assess the property based on the guideline value, ensuring that the correct fees are applied. This helps maintain transparency and standardization in property transactions within the region.

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 3,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,500 per sq.ft in 2012 to Rs 2,345 per sq.ft in 2017, and then back to Rs 3,500 per sq.ft in 2023. This represents a 49% increase from 2017 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.

Is there a calculator for stamp duty and registration fees?

Yes, you can use the stamp duty and registration fee calculator to estimate the costs based on the guideline value.