Guideline Value for Ramdoss Street

Ramdoss Street guideline value

The current guideline value of Ramdoss Street in Gooduvancheri village is Rs 1,100 per sq.ft, effective from 1 July 2024. This street falls under the Gooduvancheri SRO and is classified as Residential Class II Type - I.

How the guideline value of Ramdoss Street has changed

The guideline value for Ramdoss Street has remained unchanged at Rs 1,100 per sq.ft from the 2023 revision to the 2024 revision. The previous revision in 2017 recorded a guideline value of Rs 737 per sq.ft, marking a significant increase of 49% from 2017 to 2023 and an overall increase of 49% from 2017 to 2024.

There are no figures available for the revisions in 2012, 2007, 2003, and 2002 for this street.

Guideline values in Gooduvancheri

In Gooduvancheri, there are 129 streets under the Gooduvancheri SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 3,500 per sq.ft. The median guideline value in this area is Rs 1,500 per sq.ft, making the guideline value of Ramdoss Street below the median.

• Ramu Street: Rs 1,500 per sq.ft (2024)
• Raj Nagar: Rs 1,500 per sq.ft (2024)
• Rajalakshmi Nagar: Rs 1,000 per sq.ft (2024)
• Rajaji Street: Rs 2,001 per sq.ft (2024)
• R.V. Nagar: Rs 1,500 per sq.ft (2024)
• Railwaystation Road: Rs 2,001 per sq.ft (2024)

Stamp duty and registration fee for property in Ramdoss Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty, calculated at 7%, would be Rs 77,000, and the registration fee, charged at 2%, would be Rs 22,000, bringing the total fees to Rs 99,000. Please 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 more detailed calculations.

Which Sub Registrar Office covers Ramdoss Street?

The Sub Registrar Office that covers Ramdoss Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial reference point in property transactions in Gooduvancheri. It is used to determine the stamp duty and registration fees that buyers must pay when registering a property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at an appropriate value, reflecting the official assessment of property worth in the area. This ensures transparency and compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Ramdoss Street?

The current guideline value of Ramdoss Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has remained the same at Rs 1,100 per sq.ft from 2023 to 2024. From 2017 to 2023, it increased by 49%, from Rs 737 per sq.ft to Rs 1,100 per sq.ft.

What is the land classification for Ramdoss Street?

Ramdoss Street is classified as Residential Class II Type - I, indicating its designation for residential development.

How does the guideline value compare with other streets in Gooduvancheri?

The guideline value of Ramdoss Street at Rs 1,100 per sq.ft is below the median value of Rs 1,500 per sq.ft for the 129 streets in Gooduvancheri under the Gooduvancheri SRO.

Where is the Sub Registrar Office for Ramdoss Street located?

The Sub Registrar Office for Ramdoss Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.