Guideline Value for RAJAVEETHI-1rd-CROSS ST

RAJAVEETHI-1rd-CROSS ST guideline value

The current guideline value of RAJAVEETHI-1rd-CROSS ST is Rs 1,500 per sq.ft, effective from 1 July 2024. This street is located in Walajabad village, under the Walajabad Sub Registrar Office (SRO), and is classified as Residential Special Type - III.

How the guideline value of RAJAVEETHI-1rd-CROSS ST has changed

The guideline value for RAJAVEETHI-1rd-CROSS ST has seen several revisions over the years. In 2012, the value was set at Rs 1,500 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,005 per sq.ft. The 2023 revision brought the value back to Rs 1,500 per sq.ft, which remained constant through the 2024 revision.

From the 2017 revision to the 2023 revision, there was a significant increase of 49%. However, from 2012 to 2017, the value decreased by 33%. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 1,500 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Walajabad

In Walajabad, there are 196 streets under the Walajabad SRO with a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value for RAJAVEETHI-1rd-CROSS ST is above this median.

• Rajaveethi: Rs 2,000 per sq.ft (2024)
• RAJAVEETHI-2rd-CROSS ST: Rs 1,500 per sq.ft (2024)
• RAJAVEETHI-3rd-CROSS ST: Rs 1,500 per sq.ft (2024)
• RAJAVEETHI-4rd-CROSS ST: Rs 1,500 per sq.ft (2024)
• Puthucheri South Srteet: Rs 750 per sq.ft (2024)
• R.D.St: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in RAJAVEETHI-1rd-CROSS ST

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, totaling 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.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers RAJAVEETHI-1rd-CROSS ST?

The Sub Registrar Office that covers RAJAVEETHI-1rd-CROSS ST is located at Walajabad Sub Registrar Office, Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Walajabad. It serves as a reference point for determining the stamp duty and registration fees applicable during the transaction.

When a property is registered, the guideline value is used to calculate the necessary fees, ensuring that all transactions are compliant with local regulations. This helps maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of RAJAVEETHI-1rd-CROSS ST?

The current guideline value of RAJAVEETHI-1rd-CROSS ST is Rs 1,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,500 per sq.ft in 2023 and 2024, after dropping to Rs 1,005 per sq.ft in 2017 from Rs 1,500 per sq.ft in 2012.

What is the land classification for RAJAVEETHI-1rd-CROSS ST?

RAJAVEETHI-1rd-CROSS ST is classified as Residential Special Type - III.

What other streets have guideline values in Walajabad?

Other streets in Walajabad include Rajaveethi at Rs 2,000 per sq.ft, RAJAVEETHI-2rd-CROSS ST, RAJAVEETHI-3rd-CROSS ST, and RAJAVEETHI-4rd-CROSS ST, all at Rs 1,500 per sq.ft, and Puthucheri South Srteet and R.D.St at Rs 750 per sq.ft.

Where can I find the Walajabad Sub Registrar Office?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find more information by visiting the provided link.