Guideline Value for RUBY CENTRAL PARK

Ruby Central Park guideline value

The current guideline value of Ruby Central Park, located in Vandalur village under the Gooduvancheri SRO, is Rs 2,345 per sq.ft. The land classification for this area is Commercial Class I Type - II.

How the guideline value of Ruby Central Park has changed

In the 2017 revision, the guideline value for Ruby Central Park was Rs 2,345 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, which also recorded the guideline value at Rs 2,345 per sq.ft, indicating a 0% change between these two revisions.

For the years 2002, 2003, 2007, 2012, and 2024, the register has no figure for this street. Therefore, no guideline values are available for these revisions.

Guideline values in Vandalur

Currently, the only guideline value available for Ruby Central Park is Rs 2,345 per sq.ft. There are no other streets in Vandalur listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Ruby Central Park

For a 1,000 sq.ft plot at the current guideline value of Rs 2,345 per sq.ft, the total guideline value would be Rs 23,45,000. The stamp duty at 7% would amount to Rs 1,64,150, and the registration fee at 2% would be Rs 46,900, bringing the total fees to Rs 2,11,050. It's 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 detailed calculations.

Which Sub Registrar Office covers Ruby Central Park?

The Sub Registrar Office that covers Ruby Central Park is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is crucial during the registration process when buying or selling property in Vandalur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Ruby Central Park?

The current guideline value of Ruby Central Park is Rs 2,345 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Ruby Central Park has remained unchanged at Rs 2,345 per sq.ft from the 2017 revision to the 2023 revision, indicating a 0% change.

What is the land classification for Ruby Central Park?

The land classification for Ruby Central Park is Commercial Class I Type - II, which indicates the type of development permitted in this area.

What are the stamp duty and registration fees for property in Ruby Central Park?

For a property valued at Rs 23,45,000, the stamp duty would be Rs 1,64,150 and the registration fee would be Rs 46,900, totaling Rs 2,11,050. These fees are calculated based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ruby Central Park?

The Gooduvancheri Sub Registrar Office covers Ruby Central Park and is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.