Guideline Value for SRI RAGAVENTHIRA NAGAR

Sri Ragaventhira Nagar guideline value

The current guideline value of Sri Ragaventhira Nagar is Rs 1,000 per sq.ft. This area is located in Sonalur village and falls under the Gooduvancheri SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Sri Ragaventhira Nagar has changed

The guideline value for Sri Ragaventhira Nagar has remained consistent at Rs 1,000 per sq.ft since the 2017 revision. The 2023 revision also recorded the same value of Rs 1,000 per sq.ft, indicating no change over the six-year period.

For the previous revisions, the register has no figures for the years 2024, 2012, 2007, 2003, and 2002. Therefore, the only available revisions for this street are from 2017 and 2023, both showing a guideline value of Rs 1,000 per sq.ft.

Guideline values in Sonalur

Currently, there are no specific village figures available for Sonalur. Sri Ragaventhira Nagar is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Sri Ragaventhira Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total fees together to Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Sri Ragaventhira Nagar?

The Gooduvancheri Sub Registrar Office covers Sri Ragaventhira Nagar. The address is Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Sri Ragaventhira Nagar. It helps determine the stamp duty and registration fees that are required when a property is sold or purchased.

When buyers and sellers engage in a transaction, the guideline value is referenced to ensure that the correct fees are applied. This ensures compliance with local regulations and helps facilitate a smooth registration process.

Frequently asked questions

What is the current guideline value of Sri Ragaventhira Nagar?

The current guideline value of Sri Ragaventhira Nagar is Rs 1,000 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,000 per sq.ft from the 2017 revision to the 2023 revision, showing no percentage change.

What is the stamp duty rate for properties in Sri Ragaventhira Nagar?

The stamp duty rate for properties in Sri Ragaventhira Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the registration office for Sri Ragaventhira Nagar?

The registration office for Sri Ragaventhira Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the registration fee calculated for properties in Sri Ragaventhira Nagar?

The registration fee is calculated at 2% of the guideline value or the sale price, whichever is higher. This is in addition to the stamp duty that is also based on the same criteria.