Guideline Value for RIA MAAX

Ria Maax guideline value

The current guideline value of Ria Maax is Rs 600 per sq.ft. This area is located in Melakondaiyar village and falls under the Tiruvallur Joint 1 SRO. The land classification for this street is Residential Class IV Type - III.

How the guideline value of Ria Maax has changed

The guideline value register for Ria Maax shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2024. The most recent revision in 2023 set the guideline value at Rs 600 per sq.ft.

Since there have been no changes between the revisions listed, the only available figure is from the 2023 revision, which remains at Rs 600 per sq.ft.

Guideline values in Melakondaiyar

Currently, there are no specific village figures available for Melakondaiyar. Ria Maax is one of the streets under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Ria Maax

For a 1,000 sq.ft plot at the current rate, the 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. 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 details.

Which Sub Registrar Office covers Ria Maax?

The Sub Registrar Office that covers Ria Maax 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 Melakondaiyar

The guideline value is an essential factor when registering property transactions in Melakondaiyar. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When a buyer or seller engages in a property transaction, the guideline value is used to determine the applicable fees based on the higher of the guideline value or the sale price. This ensures transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Ria Maax?

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

What is the land classification for Ria Maax?

The land classification for Ria Maax is Residential Class IV Type - III.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2024.

What are the stamp duty and registration fees for property in Ria Maax?

The stamp duty for property in Ria Maax is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 54,000.

Which office handles property registrations for Ria Maax?

The Tiruvallur Joint 1 Sub Registrar Office handles property registrations for Ria Maax, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.