Guideline Value for RATHINA SAI NAGAR PHASE - I

Rathina Sai Nagar Phase - I guideline value

The current guideline value of Rathina Sai Nagar Phase - I is Rs 1,700 per sq.ft, as per the 2023 revision. This area is located in Rathinamangalam village and falls under the Gooduvancheri SRO. The land classification for this region is Residential Special Type - V.

How the guideline value of Rathina Sai Nagar Phase - I has changed

The guideline value for Rathina Sai Nagar Phase - I has seen revisions over the years. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 1,700 per sq.ft, which is the only figure available for this street.

Since there are no figures for the previous revisions, it can be noted that the guideline value has remained consistent without any changes in the years listed. The 2023 revision stands as the current reference point for property transactions in this area.

Guideline values in Rathinamangalam

No specific village figures are provided for Rathinamangalam. Rathina Sai Nagar Phase - I is part of this village, and there are no other streets in Rathinamangalam under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Rathina Sai Nagar Phase - I

For a 1,000 sq.ft plot at the current rate of Rs 1,700 per sq.ft, the guideline value amounts to Rs 17,00,000. The stamp duty is calculated at 7%, resulting in Rs 1,19,000, while the registration fee at 2% totals Rs 34,000. Together, these fees amount to Rs 1,53,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rathina Sai Nagar Phase - I?

The Sub Registrar Office that covers Rathina Sai Nagar Phase - I is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Rathinamangalam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and compliance with local regulations.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial implications of the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of Rathina Sai Nagar Phase - I?

The current guideline value of Rathina Sai Nagar Phase - I is Rs 1,700 per sq.ft, as per the 2023 revision.

What is the land classification for Rathina Sai Nagar Phase - I?

The land classification for Rathina Sai Nagar Phase - I is Residential Special Type - V, indicating its designated use for residential purposes.

How has the guideline value changed over the years?

The guideline value for Rathina Sai Nagar Phase - I has not changed over the years, with the only available figure being Rs 1,700 per sq.ft from the 2023 revision. No figures are available for the revisions in 2002, 2003, 2007, 2012, and 2017.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 17,00,000, the stamp duty would be Rs 1,19,000 and the registration fee would be Rs 34,000, totaling Rs 1,53,000. The duty is charged on the higher of the guideline value or the sale price.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. This office handles the registration of properties in Rathina Sai Nagar Phase - I.