Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for DR. RADHAKRISHNAN 2ND STREET

₹16500/sq.ft.

The guideline value for Dr. Radhakrishnan 2nd Street in Mylapore village (Mylapore SRO, Chennai zone) is Rs 16500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore

Village

Mylapore

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹16500 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹15000 /sq.ft.
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)

No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony ,cresent Street Alwarpet,chennai -600018
044-24640344
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Dr. Radhakrishnan 2nd Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Dr. Radhakrishnan 2nd Street guideline value

The current guideline value of Dr. Radhakrishnan 2nd Street is Rs 16,500 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village, under the Mylapore SRO, and is classified as Residential Class I Type - I.

How the guideline value of Dr. Radhakrishnan 2nd Street has changed

The guideline value for Dr. Radhakrishnan 2nd Street has seen several revisions over the years. The oldest available revision is from 2012, where the guideline value was Rs 15,000 per sq.ft. This increased to Rs 16,500 per sq.ft in the 2024 revision, marking a change of +10% from the 2012 figure. The register has no figure for this street in the years 2002, 2003, 2007, 2017, and 2023.

In summary, the only two revisions available for this street are from 2012 and 2024, with the 2024 value reflecting a significant increase compared to the earlier figure. The current guideline value places this street above the median for Mylapore, which is Rs 8,800 per sq.ft.

Guideline values in Mylapore

Mylapore has a total of 883 streets under the Mylapore SRO, with guideline values ranging from Rs 3,300 to Rs 25,800 per sq.ft. The 2024 guideline value for Dr. Radhakrishnan 2nd Street is above the median value of Rs 8,800 per sq.ft.

Stamp duty and registration fee for property in Dr. Radhakrishnan 2nd Street

For a 1,000 sq.ft plot at the current rate of Rs 16,500 per sq.ft, the guideline value would be Rs 1,65,00,000. The stamp duty at 7% would be Rs 11,55,000, and the registration fee at 2% would be Rs 3,30,000, totaling Rs 14,85,000. 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 Dr. Radhakrishnan 2nd Street?

The Sub Registrar Office that covers Dr. Radhakrishnan 2nd Street is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process of property transactions in Mylapore. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that these costs are calculated based on the official valuation of the property.

When buying or selling property, the guideline value helps in establishing a fair transaction value for both parties. It is important to note that the stamp duty is charged on the higher of the guideline value and the sale price, ensuring compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Dr. Radhakrishnan 2nd Street?

The current guideline value of Dr. Radhakrishnan 2nd Street is Rs 16,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Dr. Radhakrishnan 2nd Street has changed from Rs 15,000 per sq.ft in 2012 to Rs 16,500 per sq.ft in 2024, reflecting a +10% increase. There are no figures available for the years 2002, 2003, 2007, 2017, and 2023.

What is the classification of Dr. Radhakrishnan 2nd Street?

Dr. Radhakrishnan 2nd Street is classified as Residential Class I Type - I, indicating its designation for residential use within the Mylapore SRO.

What are the stamp duty and registration fees for properties in this area?

The stamp duty for properties in Dr. Radhakrishnan 2nd Street is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher. For example, a property valued at Rs 1,65,00,000 would incur a total of Rs 14,85,000 in fees.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office that covers Dr. Radhakrishnan 2nd Street is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.