Guideline Value for ROSE NAGAR

₹150/sq.ft.

The guideline value for Rose Nagar in Kilakadi village (Salavakkam SRO, Chengalpattu zone) is Rs 150 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kilakadi

Village

Salavakkam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹150 /sq.ft.
From 1-4-2023 ₹150 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹100 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹150 /sq.ft.
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)

2/1a, Thottakkara Street, Salavakkam, 603 107
044-27275222
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Rose Nagar

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Rose Nagar guideline value

The current guideline value of Rose Nagar, located in Kilakadi village under the Salavakkam SRO, is Rs 150 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - I.

How the guideline value of Rose Nagar has changed

The guideline value of Rose Nagar has seen several revisions over the years. In 2012, the guideline value was set at Rs 150 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 100 per sq.ft. However, the value increased significantly in 2023 to Rs 150 per sq.ft. The most recent revision in 2024 has kept the guideline value at Rs 150 per sq.ft, reflecting a 0% change from the previous year.

Looking back further, there are no figures available for the years 2002, 2003, and 2007 in the register for this street. The 2017 revision marked a 50% increase from the 2012 figure, while the overall change from 2012 to 2024 shows no increase.

Guideline values in Kilakadi

In Kilakadi village, there are 21 streets under the Salavakkam SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 433 per sq.ft. The median value for these streets is Rs 150 per sq.ft, placing Rose Nagar's 2024 figure equal to this median.

Stamp duty and registration fee for property in Rose Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. The duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rose Nagar?

The Sub Registrar Office that covers Rose Nagar is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during property registration in Kilakadi, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations and to calculate applicable duties.

When a property is sold, the guideline value is used to assess the stamp duty and registration fees. These fees are calculated based on the higher of the guideline value or the actual sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Rose Nagar?

The current guideline value of Rose Nagar is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has gone through several revisions, with the most recent being Rs 150 per sq.ft in 2024, which is the same as in 2023. The value was Rs 100 per sq.ft in 2017 and Rs 150 per sq.ft in 2012.

What is the land classification for Rose Nagar?

The land classification for Rose Nagar is Residential Special Type - I.

Where can I find the Sub Registrar Office for Rose Nagar?

The Sub Registrar Office covering Rose Nagar is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Rose Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 1,50,000, the stamp duty at 7% would be Rs 10,500.