Guideline Value for Roja Nagar

Roja Nagar guideline value

The current guideline value of Roja Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Vallam_B village under the Sriperumpudur SRO, classified as Residential Class I Type - I.

How the guideline value of Roja Nagar has changed

The guideline value for Roja Nagar has remained consistent at Rs 400 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. Prior to this, there are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

As of the 2024 revision, the guideline value stands at Rs 400 per sq.ft, which is the same as the 2023 revision. The consistent value indicates stability in the guideline value for this street over the recent revisions.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,950 per sq.ft. The median value among these streets is Rs 400 per sq.ft, placing Roja Nagar's 2024 figure at the median level.

• Rayappar Street: Rs 200 per sq.ft (2024)
• Samayapurathamman Nagar: Rs 200 per sq.ft (2024)
• Sannathi Street: Rs 600 per sq.ft (2024)
• Santhaiyamman Koil Street: Rs 400 per sq.ft (2024)
• Santhiyamman Koil 2nd Street: Rs 400 per sq.ft (2024)
• Saravanapuri Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Roja Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to Rs 36,000. 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 calculations.

Which Sub Registrar Office covers Roja Nagar?

The Roja Nagar area falls under the Sriperumpudur Sub Registrar Office located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO online for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vallam_B. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that transactions are conducted at a standardized valuation.

When you register a property, the guideline value helps determine the official value of the transaction. This ensures that the correct amount of stamp duty and registration fees is collected, based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Roja Nagar?

The current guideline value of Roja Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Roja Nagar has remained at Rs 400 per sq.ft from 2023 to 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

What is the land classification for Roja Nagar?

Roja Nagar is classified as Residential Class I Type - I, which indicates its intended use for residential purposes.

What are the guideline values of other streets in Vallam_B?

Other streets in Vallam_B have varying guideline values, ranging from Rs 150 to Rs 1,950 per sq.ft. Roja Nagar's value of Rs 400 per sq.ft aligns with the median value of the area.

Where can I find the Sub Registrar Office for Roja Nagar?

The Sub Registrar Office covering Roja Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find more details online.