Guideline Value for RAJAPURAM PHASE I

Rajapuram Phase I guideline value

The current guideline value of Rajapuram Phase I is Rs 600 per sq.ft, effective from 1 July 2024. This area is located in Thiruvur village and falls under the Manavalanagar SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of Rajapuram Phase I has changed

As per the guideline value register, the most recent revision was in 2024, where the value was set at Rs 600 per sq.ft. The previous revision in 2023 also recorded the same value of Rs 600 per sq.ft. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

From the 2023 to the 2024 revision, there was no change in the guideline value, remaining at Rs 600 per sq.ft. This consistency indicates stability in the valuation for Rajapuram Phase I over the last two years.

Guideline values in Thiruvur

In Thiruvur, there are 99 streets under the Manavalanagar SRO that carry a 2024 guideline value, ranging from Rs 450 to Rs 1,500 per sq.ft, with a median value of Rs 450 per sq.ft. Rajapuram Phase I's guideline value of Rs 600 per sq.ft is above this median.

• Rajapuram Phase II: Rs 600 per sq.ft (2024)
• Ram Nagar: Rs 600 per sq.ft (2024)
• E.V.P.Rajeshwari Nagar: Rs 1,500 per sq.ft (2024)
• Capital Town: Rs 750 per sq.ft (2024)
• Asr ã¿ ã¯ã¨â£â¢: Rs 450 per sq.ft (2024)
• A.D.R.Jai Nagar: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Rajapuram Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees to Rs 54,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rajapuram Phase I?

Rajapuram Phase I falls under the jurisdiction of the Manavalanagar Sub Registrar Office. The office is located at Sub Registrar Office, Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the property registration process in Thiruvur. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable during the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, providing a transparent basis for taxation. Buyers and sellers should be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Rajapuram Phase I?

The current guideline value of Rajapuram Phase I is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Rajapuram Phase I?

Rajapuram Phase I is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in Rajapuram Phase I?

For a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Rajapuram Phase I located?

The Manavalanagar Sub Registrar Office, which covers Rajapuram Phase I, is located at Sub Registrar Office, Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone.