Guideline Value for ROJAR GARDEN

Rojar Garden guideline value

The current guideline value of Rojar Garden, located in Kerukampakkam village under the Oothukkottai SRO, is Rs 100 per sq.ft. This value is effective from the 2024 revision, which will be implemented on 1 July 2024. The land classification for this area is Residential Class I Type - I.

How the guideline value of Rojar Garden has changed

Over the years, the guideline value for Rojar Garden has undergone several revisions. The 2017 revision set the value at Rs 50 per sq.ft, which remained until the 2023 revision, where it was updated to Rs 100 per sq.ft. The 2024 revision maintains this value at Rs 100 per sq.ft, reflecting a 100% increase from the 2017 figure.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Therefore, the changes from 2017 to 2024 represent an overall increase of 100% in the guideline value per sq.ft.

Guideline values in Kerukampakkam

In Kerukampakkam, there are eight streets under the Oothukkottai SRO that carry a 2024 guideline value, all set at Rs 100 per sq.ft. The median guideline value for these streets is also Rs 100 per sq.ft, placing Rojar Garden's 2024 figure in line with this median.

• Saraswathi Nagar: Rs 100 per sq.ft (2024)
• Pandurangan Nagar: Rs 100 per sq.ft (2024)
• S.V. Nagar: Rs 100 per sq.ft (2024)
• M.R. Nagar: Rs 100 per sq.ft (2024)
• Golden Dass Nagar-Phase-2: Rs 100 per sq.ft (2024)
• Fruit Garden: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Rojar Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, resulting in a total of Rs 9,000. 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 Rojar Garden?

The Sub Registrar Office that covers Rojar Garden is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kerukampakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the charges, ensuring that the fees are in accordance with the current rates established by the Registration Department. This helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Rojar Garden?

The current guideline value of Rojar Garden is Rs 100 per sq.ft, effective from the 2024 revision starting on 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Rojar Garden has increased from Rs 50 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, representing a 100% increase overall from 2017 to 2024.

Are there any years without a guideline value for Rojar Garden?

Yes, the register has no figures for the years 2002, 2003, 2007, and 2012 for Rojar Garden.

What are the stamp duty rates for property in Rojar Garden?

The stamp duty for property in Rojar Garden is charged at 7% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 7,000 based on the current guideline value.

Where can I find the Sub Registrar Office for Rojar Garden?

The Sub Registrar Office covering Rojar Garden is located at the Oothukkottai Sub Registrar Office, near the government hospital in Uthukottai, 602026, Chennai registration zone.