Guideline Value for RUBY BEACH COUNTY

Ruby Beach County guideline value

The current guideline value of Ruby Beach County is Rs 2,000 per sq.ft, as per the 2023 revision. This property is located in Kovalam village, under the Thiruporur SRO, and is classified as Mixed Type - II land.

How the guideline value of Ruby Beach County has changed

The guideline value for Ruby Beach County has undergone several revisions over the years. The 2012 revision set the value at Rs 2,000 per sq.ft, which remained unchanged in the subsequent 2023 revision. However, between the 2012 and 2017 revisions, the value decreased to Rs 1,340 per sq.ft, marking a decline of 33%. The most significant change occurred from 2017 to 2023, where the guideline value increased by 49% to reach the current rate of Rs 2,000 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street. Overall, from 2012 to 2023, the guideline value has remained the same, with no net change.

Guideline values in Kovalam

Currently, there are no specific village figures available for Kovalam. Ruby Beach County is situated within the Thiruporur SRO jurisdiction. There are no other streets in Kovalam listed under this SRO.

Stamp duty and registration fee for property in Ruby Beach County

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 20,00,000. The stamp duty would be charged at 7%, amounting to Rs 1,40,000, while the registration fee at 2% would be Rs 40,000. Together, the total cost would be Rs 1,80,000. It is important to note that the 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 further assistance.

Which Sub Registrar Office covers Ruby Beach County?

The Ruby Beach County property falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the property registration process in Kovalam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher.

It is essential for buyers and sellers to be aware of the current guideline value to ensure accurate financial planning during the transaction. This value is updated periodically, reflecting changes in the real estate market and local regulations.

Frequently asked questions

What is the current guideline value of Ruby Beach County?

The current guideline value of Ruby Beach County is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, and then back to Rs 2,000 per sq.ft in 2023. This reflects a 49% increase from 2017 to 2023.

Are there any guideline value figures for 2002, 2003, 2007, and 2024?

No, the register has no figures for Ruby Beach County for the years 2002, 2003, 2007, and 2024.

What are the stamp duty and registration fees for property in Ruby Beach County?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value. For a 1,000 sq.ft plot, the total cost would be Rs 1,80,000.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.