Guideline Value for Roma Garden

Roma Garden guideline value

The current guideline value of Roma Garden in Arungal village, under the Gooduvancheri SRO, is Rs 600 per sq.ft. The land classification for this area is Residential Special Type - II.

How the guideline value of Roma Garden has changed

The guideline value for Roma Garden has undergone several revisions over the years. In the 2012 revision, the guideline value was Rs 600 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 402 per sq.ft, marking a drop of 33%. However, in the 2023 revision, the guideline value increased to Rs 600 per sq.ft, reflecting a rise of 49% from the 2017 figure.

Overall, from 2012 to 2023, the guideline value has remained the same at Rs 600 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Arungal

Currently, there are no specific guideline values provided for other streets in Arungal. Roma Garden is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Roma Garden

For a 1,000 sq.ft plot at the current rate of Rs 600 per sq.ft, the guideline value would be Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total to Rs 54,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Roma Garden?

The Gooduvancheri Sub Registrar Office covers Roma Garden. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, Chengalpattu registration zone. You can find your SRO here.

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

When buying or selling property in Arungal, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price of the property, whichever is higher.

It is essential for buyers and sellers to be aware of the current guideline value to ensure accurate calculations of the associated costs during the registration process. This helps in avoiding any discrepancies and ensures compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Roma Garden?

The current guideline value of Roma Garden is Rs 600 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, and then back to Rs 600 per sq.ft in 2023. Overall, there has been no change from 2012 to 2023.

What are the stamp duty and registration fees for property in Roma Garden?

For a 1,000 sq.ft plot at the current guideline value, the stamp duty would be Rs 42,000 and the registration fee would be Rs 12,000, totaling Rs 54,000.

Where is the Gooduvancheri Sub Registrar Office located?

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

Are there other streets in Arungal with guideline values?

Currently, there are no other streets in Arungal listed with specific guideline values under the Gooduvancheri SRO.