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

Guideline Value

Corporate

Guideline Value for R.V. KRISHNAN CHETTIYAR NAGAR

₹275/sq.ft.

The guideline value for R.v. Krishnan Chettiyar Nagar in Chendrampakkam village (Redhills SRO, Chennai zone) is Rs 275 per sq.ft, effective 1 July 2024. It was Rs 250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chendrampakkam

Village

Redhills

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹275 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹250 /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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 R.v. Krishnan Chettiyar Nagar

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

R.V. Krishnan Chettiyar Nagar guideline value

The current guideline value of R.V. Krishnan Chettiyar Nagar is Rs 275 per sq.ft, effective from 1 July 2024. This area is located in Chendrampakkam village under the Redhills SRO, classified as Residential Class II Type - I.

How the guideline value of R.V. Krishnan Chettiyar Nagar has changed

The guideline value for R.V. Krishnan Chettiyar Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 250 per sq.ft, which was a decrease of 33% from the Rs 167 per sq.ft in the 2017 revision. In 2017, the value increased to Rs 167 per sq.ft, followed by a significant rise to Rs 250 per sq.ft in 2023, marking a 50% increase. The most recent revision in 2024 has further increased the value to Rs 275 per sq.ft, reflecting a 10% rise from the previous year.

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

Guideline values in Chendrampakkam

In Chendrampakkam, there are 13 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 165 to Rs 385 per sq.ft. The median guideline value for these streets is Rs 275 per sq.ft, which is equal to the current guideline value for R.V. Krishnan Chettiyar Nagar.

Stamp duty and registration fee for property in R.V. Krishnan Chettiyar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 275 per sq.ft, the guideline value amounts to Rs 2,75,000. The stamp duty at 7% would be Rs 19,250, and the registration fee at 2% would be Rs 5,500, totaling Rs 24,750. It is essential to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers R.V. Krishnan Chettiyar Nagar?

The Sub Registrar Office covering R.V. Krishnan Chettiyar Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Chendrampakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This means that the charges are based on the guideline value or the actual sale price, whichever is higher, providing a clear framework for both buyers and sellers.

Frequently asked questions

What is the current guideline value of R.V. Krishnan Chettiyar Nagar?

The current guideline value of R.V. Krishnan Chettiyar Nagar is Rs 275 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent revision in 2024 increasing it to Rs 275 per sq.ft, up from Rs 250 per sq.ft in 2023. The value was Rs 167 per sq.ft in 2017 and Rs 250 per sq.ft in 2012.

What is the stamp duty rate for property in R.V. Krishnan Chettiyar Nagar?

The stamp duty rate for property transactions in R.V. Krishnan Chettiyar Nagar is 7% of the guideline value or sale price, whichever is higher.

What is the registration fee for properties in this area?

The registration fee for properties in R.V. Krishnan Chettiyar Nagar is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for R.V. Krishnan Chettiyar Nagar?

The Sub Registrar Office for R.V. Krishnan Chettiyar Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.