Guideline Value for RIA MAAX CITY

Ria Maax City guideline value

The current guideline value of Ria Maax City is Rs 600 per sq.ft, as per the 2023 revision. This area falls under Melakondaiyar village and is registered with the Tiruvallur Joint 1 SRO. The land classification for this region is Residential Class IV Type - III.

How the guideline value of Ria Maax City has changed

In the 2002 revision, the register has no figure for this street. The same applies to the 2003, 2007, 2012, and 2017 revisions, where no figures are provided for Ria Maax City. The most recent revision in 2023 lists the guideline value at Rs 600 per sq.ft, with no changes noted between the revisions.

To summarize, the guideline value for Ria Maax City has remained consistent at Rs 600 per sq.ft since the 2023 revision, with no figures available for previous years.

Guideline values in Melakondaiyar

Currently, there are no specific village figures available for Melakondaiyar. However, Ria Maax City is a part of this village, and there are no other streets in Melakondaiyar listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Ria Maax City

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Ria Maax City?

The Sub Registrar Office that covers Ria Maax City is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, in the Chennai registration zone. For more information, you can find your SRO.

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

The guideline value is utilized during property registration in Melakondaiyar to determine the applicable stamp duty and registration fees. It serves as a reference point for the value of the property being transacted.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately, and the necessary fees are calculated based on this established value.

Frequently asked questions

What is the current guideline value of Ria Maax City?

The current guideline value of Ria Maax City is Rs 600 per sq.ft, as per the 2023 revision.

What land classification does Ria Maax City fall under?

Ria Maax City is classified as Residential Class IV Type - III.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Ria Maax City since the 2023 revision, and the register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the fees associated with property transactions in Ria Maax City?

The total fees for a 1,000 sq.ft plot at the guideline value of Rs 6,00,000 would be Rs 54,000, which includes Rs 42,000 for stamp duty and Rs 12,000 for registration.

Where is the Sub Registrar Office for Ria Maax City located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai.