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Guideline Value

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Guideline Value for DR. RADHAKRISHNAN NAGAR 3 RD STREET

₹5000/sq.ft.

The guideline value for Dr. Radhakrishnan Nagar 3 Rd Street in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4600 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3082 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1200 /sq.ft.
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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[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 Nagar 3 Rd Street

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Dr. Radhakrishnan Nagar 3 Rd Street guideline value

The current guideline value of Dr. Radhakrishnan Nagar 3 Rd Street is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village under the Kodambakkam SRO, classified as Residential Class III Type - I.

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

The guideline value for Dr. Radhakrishnan Nagar 3 Rd Street has undergone several revisions over the years. In 2007, the guideline value was Rs 1,200 per sq.ft, which increased significantly to Rs 4,600 per sq.ft in 2012. However, it saw a decrease to Rs 3,082 per sq.ft in 2017. The value then rose to Rs 4,600 per sq.ft in 2023, with the current value set at Rs 5,000 per sq.ft from the 2024 revision.

Notably, the changes between revisions include a 283% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 49% increase from 2017 to 2023, and a 9% increase from 2023 to 2024. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft as of 2024. The median guideline value in this area is Rs 5,800 per sq.ft, making the current value of Dr. Radhakrishnan Nagar 3 Rd Street below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 5,000 per sq.ft, the total guideline value amounts to Rs 50,00,000. The stamp duty at 7% would be Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, bringing the total cost for these fees to Rs 4,50,000. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Dr. Radhakrishnan Nagar 3 Rd Street?

The Sub Registrar Office that covers Dr. Radhakrishnan Nagar 3 Rd Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Puliyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is registered, the guideline value or the sale price is considered, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value.

Frequently asked questions

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

The current guideline value of Dr. Radhakrishnan Nagar 3 Rd Street is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2007 to Rs 5,000 per sq.ft in 2024, with various increases and decreases in between.

What is the median guideline value in Puliyur?

The median guideline value in Puliyur is Rs 5,800 per sq.ft, which is higher than the current value of Dr. Radhakrishnan Nagar 3 Rd Street.

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

For a property valued at Rs 50,00,000, the stamp duty would be Rs 3,50,000 and the registration fee would be Rs 1,00,000, totaling Rs 4,50,000.

Which office handles the registration for Dr. Radhakrishnan Nagar 3 Rd Street?

The Kodambakkam Sub Registrar Office handles the registration for Dr. Radhakrishnan Nagar 3 Rd Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.