Guideline Value for RAJ BEACH GARDEN

Raj Beach Garden guideline value

The current guideline value of Raj Beach Garden is Rs 1,500 per sq.ft as per the 2023 revision. This area falls under the Thiruporur SRO and is classified as Residential Special Type - I.

How the guideline value of Raj Beach Garden has changed

The guideline value for Raj Beach Garden has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. However, in the 2017 revision, it decreased to Rs 1,005 per sq.ft, marking a reduction of 33%. The most recent revision in 2023 saw the value rise again to Rs 1,500 per sq.ft, resulting in an increase of 49% from the 2017 figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value remains unchanged at Rs 1,500 per sq.ft. The register does not have figures for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Kovalam

Currently, there are no specific village figures available for Kovalam. Raj Beach Garden is situated within the Thiruporur SRO jurisdiction. Other streets in Kovalam under the Thiruporur SRO are not provided.

Stamp duty and registration fee for property in Raj Beach Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value amounts to Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Raj Beach Garden?

The Raj Beach Garden area 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 Kovalam

When buying or selling property in Kovalam, the guideline value is a crucial factor during the registration process. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these costs are based on the official value set by the Registration Department.

The guideline value helps maintain transparency in property transactions. Buyers and sellers must be aware of this value to understand the financial implications of their transactions, including the total costs involved in the registration process.

Frequently asked questions

What is the current guideline value of Raj Beach Garden?

The current guideline value of Raj Beach Garden is Rs 1,500 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, and then back to Rs 1,500 per sq.ft in 2023. This reflects a decrease and then an increase over the years.

What are the stamp duty and registration fees for Raj Beach Garden?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost would be Rs 1,35,000.

Which office handles registrations for Raj Beach Garden?

The Thiruporur Sub Registrar Office handles registrations for Raj Beach Garden, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Is there any guideline value for other streets in Kovalam?

No specific guideline values for other streets in Kovalam have been provided at this time.