Guideline Value for Radha Nagar

Radha Nagar guideline value

The current guideline value of Radha Nagar, located in Alancheri village under the Uthiramerur SRO, is Rs 131 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class III Type - III land classification.

How the guideline value of Radha Nagar has changed

The guideline value for Radha Nagar has remained consistent over the past two revisions. In the 2023 revision, the guideline value was Rs 131 per sq.ft, and it has not changed in the 2024 revision, which also lists the value at Rs 131 per sq.ft, reflecting a change of +0% between these two years.

For earlier revisions, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002. Therefore, we only have the figures for the 2023 and 2024 revisions available for reference.

Guideline values in Alancheri

In Alancheri, the guideline value for Radha Nagar is Rs 131 per sq.ft. This places it among other streets in Alancheri, which have varying guideline values.

• Kailash Green Farm: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Radha Nagar

For a 1,000 sq.ft plot at the current rate of Rs 131 per sq.ft, the guideline value would be Rs 1,31,000. The stamp duty at 7% would amount to Rs 9,170, while the registration fee at 2% would be Rs 2,620, bringing the total fees together to Rs 11,790. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Radha Nagar?

The Uthiramerur Sub Registrar Office covers Radha Nagar. The office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Alancheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling a property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Radha Nagar?

The current guideline value for Radha Nagar is Rs 131 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Radha Nagar has remained at Rs 131 per sq.ft for both the 2023 and 2024 revisions, showing no change between these years.

What is the land classification for Radha Nagar?

Radha Nagar falls under the Residential Class III Type - III land classification.

Where is the Uthiramerur Sub Registrar Office located?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

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

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at Rs 131 per sq.ft, the total guideline value would be Rs 1,31,000, leading to a stamp duty of Rs 9,170.