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

Guideline Value

Corporate

Guideline Value for P.A.N Rajarathinam Salai 2nd Street(G.A.Salai)

₹6600/sq.ft.

The guideline value for P.a.n Rajarathinam Salai 2nd Street(g.a.salai) in Tondaiarpet village (Royapuram SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Tondaiarpet

Village

Royapuram

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹1250 /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)

535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.
044-25960108
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 P.a.n Rajarathinam Salai 2nd Street(g.a.salai)

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

P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) guideline value

The current guideline value of P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village and falls under the Royapuram SRO. The land classification for this area is Commercial Class I Type - II.

How the guideline value of P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) has changed

The guideline value for P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) has seen significant changes over the years. In the 2007 revision, the value was Rs 1,250 per sq.ft, which increased to Rs 4,020 per sq.ft in 2017, marking a substantial rise of 222%. This was followed by another increase to Rs 6,000 per sq.ft in 2023, reflecting a 49% change. The latest revision in 2024 set the value at Rs 6,600 per sq.ft, representing a 10% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2012 for this street in the register. Overall, from 2007 to 2024, the guideline value has increased by 428%.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO, with guideline values ranging from Rs 1,100 to Rs 10,100 per sq.ft as per the 2024 revision. The median value for these streets is Rs 1,600 per sq.ft, making the current guideline value of P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) above this median.

Stamp duty and registration fee for property in P.A.N Rajarathinam Salai 2nd Street(G.A.Salai)

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, together totaling Rs 5,94,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers P.A.N Rajarathinam Salai 2nd Street(G.A.Salai)?

The P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) is covered by the Royapuram Sub Registrar Office located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Tondaiarpet. It serves as the basis for calculating the stamp duty and registration fees, ensuring that the transaction is documented correctly according to the prevailing rates.

When a property is sold, the guideline value is used to determine the minimum value at which the property can be registered. This helps maintain transparency and fairness in property transactions, as the guideline value reflects the official valuation set by the authorities.

Frequently asked questions

What is the current guideline value of P.A.N Rajarathinam Salai 2nd Street(G.A.Salai)?

The current guideline value of P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,250 per sq.ft in 2007 to Rs 6,600 per sq.ft in 2024, which is an overall increase of 428% over the years.

What is the land classification for P.A.N Rajarathinam Salai 2nd Street(G.A.Salai)?

The land classification for P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) is Commercial Class I Type - II.

Where can I find the registration office for this street?

The registration office for P.A.N Rajarathinam Salai 2nd Street(G.A.Salai) is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.

How is stamp duty calculated for properties in Tondaiarpet?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 66,00,000, the stamp duty at 7% would amount to Rs 4,62,000.