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Guideline Value

Corporate

Guideline Value for DR. RADHA KRISHNAN EXTENSION

₹800/sq.ft.

The guideline value for Dr. Radha Krishnan Extension in Arambakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Arambakkam

Village

Gooduvancheri

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Dr. Radha Krishnan Extension

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Dr. Radha Krishnan Extension guideline value

The current guideline value of Dr. Radha Krishnan Extension is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Arambakkam village and falls under the Gooduvancheri SRO. The land classification for this street is Residential Special Type - II.

How the guideline value of Dr. Radha Krishnan Extension has changed

In the 2017 revision, the guideline value was Rs 536 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded the value at Rs 800 per sq.ft. The 2024 revision has also maintained the guideline value at Rs 800 per sq.ft, indicating a 0% change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, there was a significant increase of 49%, bringing the value from Rs 536 to Rs 800 per sq.ft. Overall, from 2017 to 2024, the guideline value has increased by 49%, remaining consistent at Rs 800 per sq.ft in the last two revisions.

Guideline values in Arambakkam

Arambakkam village has 33 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 800 per sq.ft, with a median value of Rs 600 per sq.ft. Dr. Radha Krishnan Extension's 2024 figure is above this median.

Stamp duty and registration fee for property in Dr. Radha Krishnan Extension

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 8,00,000. The stamp duty at 7% amounts to Rs 56,000, and the registration fee at 2% is Rs 16,000, totaling Rs 72,000. 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 more details.

Which Sub Registrar Office covers Dr. Radha Krishnan Extension?

The Sub Registrar Office covering Dr. Radha Krishnan Extension is the Gooduvancheri Sub Registrar Office, located at 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 Arambakkam

The guideline value is an essential factor in property transactions in Arambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than the negotiated sale price.

When buying or selling property, it is crucial to be aware of the guideline value as it impacts the overall cost of the transaction. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Dr. Radha Krishnan Extension?

The current guideline value of Dr. Radha Krishnan Extension is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 49%. It was Rs 536 per sq.ft in 2017 and has remained at Rs 800 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification for Dr. Radha Krishnan Extension?

The land classification for Dr. Radha Krishnan Extension is Residential Special Type - II.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 8,00,000, the stamp duty is Rs 56,000, and the registration fee is Rs 16,000, totaling Rs 72,000. These charges are based on the higher of the guideline value or the sale price.

Which office handles registrations for Dr. Radha Krishnan Extension?

The Gooduvancheri Sub Registrar Office handles registrations for Dr. Radha Krishnan Extension, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.