Guideline Value for RACKY GARDEN

Racky Garden guideline value

The current guideline value of Racky Garden is Rs 3,284 per sq.ft. It is located in Sirucheri village under the Thiruporur SRO, classified as Residential Special Type - II.

How the guideline value of Racky Garden has changed

The guideline value for Racky Garden has undergone several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 3,284 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes to the guideline value. The previous revisions do not provide any figures for this street, confirming that the only current value is from the 2023 revision.

Guideline values in Sirucheri

Currently, there are no specific village figures available for Sirucheri. Racky Garden is the only street mentioned in this context.

Stamp duty and registration fee for property in Racky Garden

For a 1,000 sq.ft plot at the current rate of Rs 3,284 per sq.ft, the guideline value amounts to Rs 32,84,000. The stamp duty at 7% would be Rs 2,29,880, and the registration fee at 2% would be Rs 65,680, bringing the total to Rs 2,95,560. It is important to note that 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 information on calculating these fees.

Which Sub Registrar Office covers Racky Garden?

The Thiruporur Sub Registrar Office covers Racky Garden. The office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for additional details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sirucheri. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately.

When a property is sold, the stamp duty and registration fees are 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 Racky Garden?

The current guideline value of Racky Garden is Rs 3,284 per sq.ft as per the 2023 revision.

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revision for Racky Garden occurring in 2023. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

What is the classification of Racky Garden?

Racky Garden is classified as Residential Special Type - II, indicating its designated use for residential purposes.

How is stamp duty calculated in Racky Garden?

Stamp duty in Racky Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. This ensures that the correct amount is collected during property transactions.

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, and it is responsible for property registrations in Racky Garden.