Guideline Value for REBAKA GARDEN-(S.NO-416 )

Rebaka Garden-(S.No-416 ) guideline value

The current guideline value for Rebaka Garden-(S.No-416 ) is Rs 350 per sq.ft. This property is located in Thozhuvur village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Rebaka Garden-(S.No-416 ) has changed

Looking at the revisions, the guideline value for Rebaka Garden-(S.No-416 ) was Rs 350 per sq.ft in 2012. In the 2017 revision, it decreased to Rs 234 per sq.ft, marking a decline of 33%. However, in the 2023 revision, the value increased significantly to Rs 350 per sq.ft, reflecting a rise of 50% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 350 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Thozhuvur

Currently, there are no specific guideline values listed for other streets in Thozhuvur under the Tiruvallur Joint 1 SRO. Therefore, Rebaka Garden-(S.No-416 ) stands as the only reference point for the guideline value in this area.

Stamp duty and registration fee for property in Rebaka Garden-(S.No-416 )

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, bringing the total fees to Rs 31,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

To calculate your own fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rebaka Garden-(S.No-416 )?

The Sub Registrar Office that covers Rebaka Garden-(S.No-416 ) 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 information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thozhuvur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that all transactions are conducted fairly and transparently.

When you register a property, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable duties and fees. This ensures that both buyers and sellers are aware of the financial implications of their transactions.

Frequently asked questions

What is the current guideline value for Rebaka Garden-(S.No-416 )?

The current guideline value for Rebaka Garden-(S.No-416 ) is Rs 350 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since 2012, the guideline value has seen a decrease to Rs 234 per sq.ft in 2017, followed by an increase back to Rs 350 per sq.ft in 2023. Overall, from 2012 to 2023, the value has remained unchanged.

What are the stamp duty and registration fees for property in Rebaka Garden?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,50,000. The stamp duty would be Rs 24,500, and the registration fee would be Rs 7,000, totaling Rs 31,500.

Which Sub Registrar Office covers this area?

The Tiruvallur Joint 1 Sub Registrar Office covers Rebaka Garden-(S.No-416 ). It is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

Are there other streets in Thozhuvur with guideline values?

Currently, there are no specific guideline values listed for other streets in Thozhuvur under the Tiruvallur Joint 1 SRO. Rebaka Garden-(S.No-416 ) is the only reference point available at this time.