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Guideline Value

Corporate

Guideline Value for DR. RADHAKRISHNAN 3RD STREET

₹16500/sq.ft.

The guideline value for Dr. Radhakrishnan 3rd 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 3rd Street

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Dr. Radhakrishnan 3rd Street guideline value

The current guideline value of Dr. Radhakrishnan 3rd Street is Rs 16,500 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village and falls under the Mylapore SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Dr. Radhakrishnan 3rd Street has changed

The guideline value of Dr. Radhakrishnan 3rd Street has seen revisions over the years. The earliest revision recorded is from 2012, where the guideline value was Rs 15,000 per sq.ft. The most recent revision in 2024 has increased this value to Rs 16,500 per sq.ft, marking a change of 10% from the 2012 figure.

There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street. The only revisions noted are from 2012 and 2024.

Guideline values in Mylapore

In Mylapore, there are 883 streets under the Mylapore SRO that have a guideline value for 2024, ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median value is Rs 8,800 per sq.ft, placing the 2024 guideline value of Dr. Radhakrishnan 3rd Street above this median.

Stamp duty and registration fee for property in Dr. Radhakrishnan 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 16,500 per sq.ft, the total guideline value would be Rs 1,65,00,000. The stamp duty at 7% would amount to Rs 11,55,000, and the registration fee at 2% would be Rs 3,30,000, leading to a total of Rs 14,85,000. Please 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 details.

Which Sub Registrar Office covers Dr. Radhakrishnan 3rd Street?

The Sub Registrar Office that covers Dr. Radhakrishnan 3rd Street is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during property registration in Mylapore. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees, which are mandatory for legal documentation.

It is important to note that the guideline value is set by the government and is intended to reflect the market conditions in the area. Buyers and sellers must consider this value when negotiating property transactions to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Dr. Radhakrishnan 3rd Street?

The current guideline value of Dr. Radhakrishnan 3rd 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 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 recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification for Dr. Radhakrishnan 3rd Street?

The land classification for Dr. Radhakrishnan 3rd Street is Residential Class I Type - I.

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

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 1,65,00,000, the total fees would amount to Rs 14,85,000.

Where is the Sub Registrar Office for Dr. Radhakrishnan 3rd Street located?

The Sub Registrar Office for Dr. Radhakrishnan 3rd Street is located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.