Guideline Value

Corporate

Guideline Value for KANNANRUKMANI-RADHA GARDEN

₹1100/sq.ft.

The guideline value for Kannanrukmani-radha Garden in Uthandi village (Neelankarai SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthandi

Village

Neelankarai

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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]

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Kannanrukmani-Radha Garden guideline value

The current guideline value of Kannanrukmani-Radha Garden is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Uthandi village, under the Neelankarai SRO, and is classified as Residential Class III Type - I.

How the guideline value of Kannanrukmani-Radha Garden has changed

In the 2012 revision, the guideline value was Rs 1,000 per sq.ft. This figure decreased to Rs 670 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,000 per sq.ft, reflecting a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 1,100 per sq.ft, which is a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Uthandi

In Uthandi, there are 197 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 14,700 per sq.ft, with a median value of Rs 1,700 per sq.ft. The guideline value of Kannanrukmani-Radha Garden is below this median.

Stamp duty and registration fee for property in Kannanrukmani-Radha Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty charged at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. Note that the 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 Kannanrukmani-Radha Garden?

The Kannanrukmani-Radha Garden is covered by the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Uthandi. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are essential costs associated with the property transaction. Buyers should be aware of these values to prepare for the financial aspects of their purchase.

Frequently asked questions

What is the current guideline value of Kannanrukmani-Radha Garden?

The current guideline value of Kannanrukmani-Radha Garden is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 1,000 per sq.ft in 2012, decreasing to Rs 670 per sq.ft in 2017, and increasing to Rs 1,000 per sq.ft in 2023. The latest revision in 2024 set it at Rs 1,100 per sq.ft.

What are the other streets with the same guideline value in Uthandi?

Other streets in Uthandi with the same guideline value of Rs 1,100 per sq.ft in 2024 include Kannappa Naicker Garden, Kannappan Garden, and Kasthuri Garden.

What is the stamp duty for property in Kannanrukmani-Radha Garden?

The stamp duty for property in Kannanrukmani-Radha Garden is calculated at 7% of the guideline value. For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000.

Which office handles the registration for Kannanrukmani-Radha Garden?

The Neelankarai Sub Registrar Office handles the registration for Kannanrukmani-Radha Garden, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.