Guideline Value for TVH PARK ROJAILLA ROAD

Tvh Park Rojailla Road guideline value

The current guideline value of Tvh Park Rojailla Road is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Tvh Park Rojailla Road has changed

The guideline value for Tvh Park Rojailla Road has undergone several revisions over the years. The earliest available figure is from 2012, where the guideline value was Rs 2,000 per sq.ft. This was followed by a decrease to Rs 1,340 per sq.ft in the 2017 revision. However, the most recent revision in 2024 saw a significant increase to Rs 2,200 per sq.ft, marking a 64% rise from the 2017 figure.

Overall, comparing the 2012 and 2024 revisions, there has been a modest increase of 10%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2023 for this street.

Guideline values in Pallikaranai

Pallikaranai has a total of 749 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Tvh Park Rojailla Road's 2024 figure above this median.

• Trophical Enclave: Rs 1,980 per sq.ft (2024)
• Thululkanathamman Street: Rs 1,980 per sq.ft (2024)
• Thululkanathamman Koil 7 To 10th Street: Rs 1,980 per sq.ft (2024)
• Thululkanathamman 6th Street: Rs 1,980 per sq.ft (2024)
• Thululkanathamman 5th Street: Rs 1,980 per sq.ft (2024)
• Thululkanathamman 4th Street: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Tvh Park Rojailla Road

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that 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 Tvh Park Rojailla Road?

The Sub Registrar Office covering Tvh Park Rojailla Road is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pallikaranai. It is used to determine the stamp duty and registration fees that need to be paid during the transaction. Buyers should be aware that the guideline value may differ from the sale price, and the higher amount will be used for calculating the applicable duties.

Additionally, the guideline value is updated periodically, reflecting changes in the real estate market. It is essential for buyers and sellers to stay informed about these revisions to understand their financial obligations during property transactions.

Frequently asked questions

What is the current guideline value of Tvh Park Rojailla Road?

The current guideline value of Tvh Park Rojailla Road is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, and then increased to Rs 2,200 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2023 for this street.

What is the land classification for Tvh Park Rojailla Road?

The land classification for Tvh Park Rojailla Road is Residential Class II Type - I. This classification indicates the type of development allowed in the area.

How is stamp duty calculated for properties in Tvh Park Rojailla Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000, leading to specific stamp duty and registration fees.

Where can I find the Sub Registrar Office for Tvh Park Rojailla Road?

The Sub Registrar Office for Tvh Park Rojailla Road is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find more information about this office online.