Guideline Value

Corporate

Guideline Value for Hansa Garden 'M' Block

₹2700/sq.ft.

The guideline value for Hansa Garden 'm' Block in Rajakilpakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Rajakilpakkam

Village

Selaiyur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[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 Hansa Garden 'm' Block

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Hansa Garden 'M' Block guideline value

The current guideline value of Hansa Garden 'M' Block is Rs 2,700 per sq.ft, effective from 1 July 2024. This property is located in Rajakilpakkam village under the Selaiyur SRO and is classified as Residential Special Type - I.

How the guideline value of Hansa Garden 'M' Block has changed

The guideline value for Hansa Garden 'M' Block has undergone several revisions over the years. The earliest revision listed is from 2012, where the value was Rs 2,500 per sq.ft. This was followed by a decrease to Rs 1,675 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value saw a significant increase of 49%, reaching Rs 2,500 per sq.ft. The most recent revision in 2024 has set the guideline value at Rs 2,700 per sq.ft, reflecting an 8% increase from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, comparing the 2012 figure to the 2024 figure shows an increase of 8% over the twelve-year period.

Guideline values in Rajakilpakkam

In Rajakilpakkam, there are 384 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft. The median value among these streets is Rs 2,150 per sq.ft, placing Hansa Garden 'M' Block above this median.

Stamp duty and registration fee for property in Hansa Garden 'M' Block

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 27,00,000. The stamp duty is charged at 7%, resulting in Rs 1,89,000, while the registration fee is at 2%, totaling Rs 54,000. Together, the total cost for these fees would be Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Hansa Garden 'M' Block?

The Sub Registrar Office covering Hansa Garden 'M' Block is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Rajakilpakkam. It serves as the basis for calculating stamp duty and registration fees, ensuring that the transaction is documented at a value recognized by the government.

When buying or selling property, the guideline value helps determine the minimum price at which the property can be registered. This ensures transparency in property transactions and helps maintain a standard valuation across the region.

Frequently asked questions

What is the current guideline value of Hansa Garden 'M' Block?

The current guideline value of Hansa Garden 'M' Block is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2023 to Rs 2,700 per sq.ft in 2024, reflecting an 8% increase. From 2017 to 2023, it increased by 49%, while it decreased from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017.

What is the land classification of Hansa Garden 'M' Block?

Hansa Garden 'M' Block is classified as Residential Special Type - I, indicating its designation for residential purposes within the area.

Where can I find the Selaiyur Sub Registrar Office?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.

How is the stamp duty calculated for properties in Hansa Garden 'M' Block?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 27,00,000, the stamp duty would amount to Rs 1,89,000.