Guideline Value for RAJESHWARI NAGAR

Rajeshwari Nagar guideline value

The current guideline value of Rajeshwari Nagar in Perumalpattu village is Rs 850 per sq.ft, as per the 2023 revision. This area falls under the Tiruvallur Joint 1 SRO and is classified as Residential Special Type - III.

How the guideline value of Rajeshwari Nagar has changed

According to the guideline value register, there have been several revisions for the guideline value of Rajeshwari Nagar. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 indicates a guideline value of Rs 850 per sq.ft.

Since there are no figures available for the previous revisions mentioned, the only current guideline value is from the 2023 revision. Therefore, no changes have been recorded between the revisions for this street.

Guideline values in Perumalpattu

Currently, the only guideline value available for Rajeshwari Nagar is Rs 850 per sq.ft. There are no other streets in Perumalpattu listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Rajeshwari Nagar

For a 1,000 sq.ft plot at the current rate of Rs 850 per sq.ft, the guideline value amounts to Rs 8,50,000. The stamp duty at 7% would be Rs 59,500, and the registration fee at 2% would be Rs 17,000, making the total Rs 76,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Rajeshwari Nagar?

The Sub Registrar Office that covers Rajeshwari Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Rajeshwari Nagar. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is legally documented and recorded.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Rajeshwari Nagar?

The current guideline value of Rajeshwari Nagar is Rs 850 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

There have been several revisions for the guideline value of Rajeshwari Nagar, but the register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The only available figure is from the 2023 revision.

What is the land classification for Rajeshwari Nagar?

Rajeshwari Nagar is classified as Residential Special Type - III, indicating its designation for residential purposes.

Where can I find the Sub Registrar Office for Rajeshwari Nagar?

The Sub Registrar Office for Rajeshwari Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

How is stamp duty calculated for properties in Rajeshwari Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty and registration fees would amount to Rs 76,500.