Guideline Value for RAJA DURAI ST

Raja Durai St guideline value

The current guideline value of Raja Durai St in Vilingiyambakkam village is Rs 810 per sq.ft, effective from 1 July 2024. This street falls under the Avadi SRO and is classified as Residential Class I Type - III.

How the guideline value of Raja Durai St has changed

The guideline value for Raja Durai St has seen several revisions over the years. The 2012 revision set the value at Rs 650 per sq.ft, which was then reduced to Rs 435 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 650 per sq.ft in the 2023 revision, and then rose again to Rs 810 per sq.ft in the 2024 revision, marking a 25% increase from the previous year.

From the 2017 revision to the 2023 revision, the value increased by 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 25%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft, with a median value of Rs 935 per sq.ft. The guideline value of Raja Durai St is below this median.

• Railway Line Street: Rs 1,310 per sq.ft (2024)
• Railway Line Southern Side Streets: Rs 1,310 per sq.ft (2024)
• Rajaji Street: Rs 935 per sq.ft (2024)
• Rajaji St (West): Rs 800 per sq.ft (2024)
• Ragaval Nagar: Rs 935 per sq.ft (2024)
• Rajamanna St: Rs 935 per sq.ft (2024)

Stamp duty and registration fee for property in Raja Durai St

For a 1,000 sq.ft plot at the current guideline value of Rs 810 per sq.ft, the total guideline value would be Rs 8,10,000. The stamp duty at 7% would amount to Rs 56,700, while the registration fee at 2% would be Rs 16,200, making the total fees together Rs 72,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Raja Durai St?

The Sub Registrar Office that covers Raja Durai St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vilingiyambakkam. This value is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that the appropriate taxes are collected based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Raja Durai St?

The current guideline value of Raja Durai St is Rs 810 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Raja Durai St has changed from Rs 650 per sq.ft in 2012 to Rs 435 per sq.ft in 2017, then increased to Rs 650 per sq.ft in 2023, and finally to Rs 810 per sq.ft in 2024.

What is the land classification of Raja Durai St?

Raja Durai St is classified as Residential Class I Type - III under the current land classification system.

What are the other streets in Vilingiyambakkam?

Other streets in Vilingiyambakkam include Railway Line Street, Rajaji Street, and Rajamanna St, among others, with guideline values ranging from Rs 800 to Rs 1,310 per sq.ft in 2024.

Where can I find the Sub Registrar Office for Raja Durai St?

The Sub Registrar Office for Raja Durai St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.