Guideline Value

Corporate

Guideline Value for RAGUNATHAN 4th CROSS STREET

₹1700/sq.ft.

The guideline value for Ragunathan 4th Cross Street in Uthandi village (Neelankarai SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthandi

Village

Neelankarai

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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]
Records for a plot on Ragunathan 4th Cross Street

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RAGUNATHAN 4th CROSS STREET guideline value

The current guideline value of RAGUNATHAN 4th CROSS STREET is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Uthandi village, under the Neelankarai SRO, and is classified as Residential Class II Type - II.

How the guideline value of RAGUNATHAN 4th CROSS STREET has changed

In the 2012 revision, the guideline value was Rs 1,500 per sq.ft. This figure remained until the 2017 revision, where it decreased to Rs 1,005 per sq.ft, marking a decrease of 33%. The value then increased significantly to Rs 1,500 per sq.ft in the 2023 revision, before rising again to Rs 1,700 per sq.ft in the 2024 revision, reflecting a 13% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. Overall, comparing the 2012 figure to the 2024 figure, the guideline value has seen a total increase of 13%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uthandi

Uthandi village has 197 streets under the Neelankarai SRO, with guideline values ranging from Rs 1,100 to Rs 14,700 per sq.ft. The median guideline value for these streets is Rs 1,700 per sq.ft, which is equal to the current guideline value of RAGUNATHAN 4th CROSS STREET.

Stamp duty and registration fee for property in RAGUNATHAN 4th CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, making the total cost Rs 1,53,000. It is important to note that the 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 RAGUNATHAN 4th CROSS STREET?

The Sub Registrar Office that covers RAGUNATHAN 4th CROSS STREET is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Uthandi. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property. This ensures that the government receives the appropriate revenue from property transactions.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the stamp duty and registration fees. This process helps maintain transparency and ensures that property transactions are conducted fairly.

Frequently asked questions

What is the current guideline value of RAGUNATHAN 4th CROSS STREET?

The current guideline value of RAGUNATHAN 4th CROSS STREET is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,700 per sq.ft in 2024.

What is the land classification of RAGUNATHAN 4th CROSS STREET?

RAGUNATHAN 4th CROSS STREET is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for a property in RAGUNATHAN 4th CROSS STREET?

For a 1,000 sq.ft plot, the total guideline value is Rs 17,00,000. The stamp duty is Rs 1,19,000 and the registration fee is Rs 34,000, totaling Rs 1,53,000.

Which office handles property registrations for RAGUNATHAN 4th CROSS STREET?

The Neelankarai Sub Registrar Office handles property registrations for RAGUNATHAN 4th CROSS STREET, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai.