Guideline Value

Corporate

Guideline Value for ROJA THOTTAM MAIN ROAD

₹3500/sq.ft.

The guideline value for Roja Thottam Main Road in Rajakilpakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 3500 per sq.ft, effective 1 July 2024. It was Rs 3250 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Rajakilpakkam

Village

Selaiyur

SRO

Residential Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹3500 /sq.ft.
From 1-4-2023 ₹3250 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Roja Thottam Main Road

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Roja Thottam Main Road guideline value

The current guideline value of Roja Thottam Main Road is Rs 3,500 per sq.ft, effective from 1 July 2024. This road is located in Rajakilpakkam village and falls under the Selaiyur SRO. The land classification for this area is Residential Special Type - IV.

How the guideline value of Roja Thottam Main Road has changed

According to the guideline value register, there are no figures available for Roja Thottam Main Road for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 3,250 per sq.ft, which was an increase from the previous revisions. The most recent revision in 2024 raised the guideline value to Rs 3,500 per sq.ft, marking an increase of 8% from the 2023 figure.

This consistent increase reflects the updated valuation for the area. The 2024 guideline value of Rs 3,500 per sq.ft is higher than the median value of Rs 2,150 per sq.ft for the 384 streets in Rajakilpakkam under the Selaiyur SRO.

Guideline values in Rajakilpakkam

In Rajakilpakkam, the guideline values range from Rs 850 to Rs 5,000 per sq.ft as per the 2024 revision. Roja Thottam Main Road's guideline value is above the median of Rs 2,150 per sq.ft. Below are the guideline values for other streets in Rajakilpakkam:

Stamp duty and registration fee for property in Roja Thottam Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,500 per sq.ft, the total guideline value amounts to Rs 35,00,000. The stamp duty, charged at 7%, would be Rs 2,45,000, and the registration fee at 2% would be Rs 70,000. Together, the total cost for these fees would be Rs 3,15,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Roja Thottam Main Road?

The Roja Thottam Main Road is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Rajakilpakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official registry.

When a property is sold, the guideline value helps in calculating the applicable stamp duty and registration fees, which are mandatory for legal documentation. Buyers should be aware of the guideline value to ensure they meet the necessary financial obligations during the property transaction.

Frequently asked questions

What is the current guideline value of Roja Thottam Main Road?

The current guideline value of Roja Thottam Main Road is Rs 3,500 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 3,250 per sq.ft in 2023 to Rs 3,500 per sq.ft in 2024, which is an 8% increase.

What is the median guideline value in Rajakilpakkam?

The median guideline value in Rajakilpakkam is Rs 2,150 per sq.ft, as per the 2024 revision.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How are stamp duty and registration fees calculated?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2%. For example, for a property valued at Rs 35,00,000, the total fees would be Rs 3,15,000.