Guideline Value for RAJAN NAGAR

Rajan Nagar guideline value

The current guideline value of Rajan Nagar is Rs 2,000 per sq.ft. This area is located in Puthupakkam village and falls under the Thiruporur SRO. The land classification for this street is Residential Class I Type - II.

How the guideline value of Rajan Nagar has changed

Looking at the revisions, the guideline value for Rajan Nagar was Rs 1,340 per sq.ft in the 2017 revision. The most recent revision in 2023 saw an increase to Rs 2,000 per sq.ft, marking a significant change of 49% from the previous figure.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Thus, the only registered values are from 2017 and 2023.

Guideline values in Puthupakkam

Currently, there are no specific village figures available for Puthupakkam. Rajan Nagar is one of the streets in this area, and there are no other streets in Puthupakkam under the Thiruporur SRO listed at this time.

Stamp duty and registration fee for property in Rajan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value is Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total cost for these fees to Rs 1,80,000. It is essential to remember that the 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 detailed calculations.

Which Sub Registrar Office covers Rajan Nagar?

The Sub Registrar Office that covers Rajan Nagar 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 Puthupakkam

The guideline value plays a crucial role during the registration of property transactions in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Rajan Nagar?

The current guideline value of Rajan Nagar is Rs 2,000 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 1,340 per sq.ft to Rs 2,000 per sq.ft, which is a change of 49%.

Are there any guideline values available for the years 2002, 2003, 2007, and 2012?

No, the register has no figures for Rajan Nagar for the years 2002, 2003, 2007, 2012, and 2024.

What are the stamp duty and registration fees for a property in Rajan Nagar?

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000, and the registration fee would be Rs 40,000, totaling Rs 1,80,000.

Where is the Sub Registrar Office for Rajan Nagar located?

The Sub Registrar Office covering Rajan Nagar is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.