Guideline Value for ROSHAN BABU NAGAR (WARD -19)

Roshan Babu Nagar (Ward -19) guideline value

The current guideline value of Roshan Babu Nagar (Ward -19) is Rs 661 per sq.ft, effective from 1 July 2024. This area is located in Peramanoor village and falls under the Chengleput Joint II SRO, classified as Residential Class I Type - III.

How the guideline value of Roshan Babu Nagar (Ward -19) has changed

The guideline value for Roshan Babu Nagar has seen several revisions over the years. In 2012, the value was Rs 600 per sq.ft, which then decreased to Rs 402 per sq.ft in 2017. Following this, the value increased significantly to Rs 600 per sq.ft in 2023, and most recently, it rose to Rs 661 per sq.ft in the 2024 revision. The changes between these revisions include a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 10% increase from 2023 to 2024.

It is important to note that there are no recorded figures for Roshan Babu Nagar in the revisions from 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 550 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, placing Roshan Babu Nagar's 2024 figure below that median.

• Rukumani Nagar (N): Rs 661 per sq.ft (2024)
• Sabathi Nagar (Per): Rs 661 per sq.ft (2024)
• Sadasivam Salai (Ward -18): Rs 1,320 per sq.ft (2024)
• Sadasivam Salai (Ward -2): Rs 1,320 per sq.ft (2024)
• Sagunthapuram (N): Rs 661 per sq.ft (2024)
• Rani Mangammal Street (Ward -8): Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Roshan Babu Nagar (Ward -19)

For a 1,000 sq.ft plot at the current rate of Rs 661 per sq.ft, the guideline value would be Rs 6,61,000. The stamp duty at 7% would be Rs 46,270, and the registration fee at 2% would be Rs 13,220, totaling Rs 59,490. It is important to note that 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 information.

Which Sub Registrar Office covers Roshan Babu Nagar (Ward -19)?

The Sub Registrar Office that covers Roshan Babu Nagar (Ward -19) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a critical factor in the registration process for property transactions in Peramanoor. It determines the minimum value at which a property can be registered, ensuring that the registration fees and stamp duties are calculated based on this value.

When buying or selling property, the guideline value serves as a benchmark to assess the transaction's legitimacy. It is essential for buyers and sellers to be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Roshan Babu Nagar (Ward -19)?

The current guideline value of Roshan Babu Nagar (Ward -19) is Rs 661 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 600 per sq.ft in 2023, and finally to Rs 661 per sq.ft in 2024.

What is the land classification of Roshan Babu Nagar?

Roshan Babu Nagar is classified as Residential Class I Type - III.

Where can I find the Sub Registrar Office for Roshan Babu Nagar?

The Chengleput Joint II Sub Registrar Office, which covers Roshan Babu Nagar, is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is stamp duty calculated for properties in Roshan Babu Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 46,270.