Guideline Value for RDS NAGAR

Rds Nagar guideline value

The current guideline value of Rds Nagar, located in Perunagar village under the Uthiramerur SRO, is Rs 150 per sq.ft as per the 2024 revision, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Rds Nagar has changed

The guideline value for Rds Nagar has remained consistent at Rs 150 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

As such, the guideline value has not experienced any change between the 2023 and 2024 revisions, reflecting a stable valuation at Rs 150 per sq.ft.

Guideline values in Perunagar

In Perunagar, there are 7 streets under the Uthiramerur SRO that carry a 2024 guideline value, ranging from Rs 134 to Rs 600 per sq.ft. The median guideline value for these streets is Rs 201 per sq.ft, positioning Rds Nagar's 2024 figure below this median.

• Sri Balaji Nagar: Rs 300 per sq.ft (2024)
• Sri Balaji Nagar Phase II: Rs 300 per sq.ft (2024)
• Sri Panduranga Nagar: Rs 201 per sq.ft (2024)
• Sri Ramaanchaneyar Nagar: Rs 134 per sq.ft (2024)
• Mumoorthi Nagar: Rs 134 per sq.ft (2024)
• Blm World City: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Rds Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rds Nagar?

The Sub Registrar Office that covers Rds Nagar is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Perunagar. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value helps in determining the official value of the property for registration purposes. Buyers and sellers must be aware of this value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Rds Nagar?

The current guideline value of Rds Nagar is Rs 150 per sq.ft as per the 2024 revision, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Rds Nagar has remained at Rs 150 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002.

What are the guideline values of other streets in Perunagar?

In Perunagar, the guideline values for other streets range from Rs 134 to Rs 600 per sq.ft. The median value is Rs 201 per sq.ft, with Rds Nagar's value being below this median.

How is stamp duty calculated for properties in Rds Nagar?

Stamp duty for properties in Rds Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 150 per sq.ft incurs a stamp duty of Rs 10,500.

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

The Uthiramerur Sub Registrar Office covers Rds Nagar and is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.