Guideline Value for RUDHRAN NAGAR

Rudhran Nagar guideline value

The current guideline value of Rudhran Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Aaladu village and falls under the Ponneri Sub Registrar Office (SRO). The land classification for this street is Residential Special Type - I.

How the guideline value of Rudhran Nagar has changed

The guideline value register for Rudhran Nagar shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 300 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 300 per sq.ft. Thus, the change from 2023 to 2024 is +0%.

Both the 2023 and 2024 revisions indicate a consistent guideline value of Rs 300 per sq.ft for Rudhran Nagar. This consistency highlights the stability of the guideline value in recent years.

Guideline values in Aaladu

Aaladu village has 13 streets under the Ponneri SRO with a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, placing Rudhran Nagar's value above this median.

• Rajeswari Nagar: Rs 200 per sq.ft (2024)
• Rajam Nagar: Rs 200 per sq.ft (2024)
• Sri Vari Mahalakshmi Nagar: Rs 300 per sq.ft (2024)
• Vengadachalapathi Avenue: Rs 200 per sq.ft (2024)
• Jayam Housing Site: Rs 200 per sq.ft (2024)
• Illahi Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Rudhran Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, while the registration fee at 2% would be Rs 6,000. Together, the total fees would be Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rudhran Nagar?

The Sub Registrar Office that covers Rudhran Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Aaladu. It serves as a reference point for determining the stamp duty and registration fees that need to be paid when a property is bought or sold. Buyers and sellers should be aware of the guideline value to ensure they are compliant with the legal requirements during the registration process.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded accurately. This value helps in maintaining transparency in property dealings and ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Rudhran Nagar?

The current guideline value of Rudhran Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Rudhran Nagar has remained Rs 300 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value for streets in Aaladu?

The median guideline value for streets in Aaladu is Rs 200 per sq.ft. Rudhran Nagar's guideline value is above this median.

What are the stamp duty and registration fees for a property in Rudhran Nagar?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Where is the Sub Registrar Office for Rudhran Nagar located?

The Ponneri Sub Registrar Office, which covers Rudhran Nagar, is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.