Guideline Value

Corporate

Guideline Value for RAGUNATHAN 6th CROSS STREET

₹1700/sq.ft.

The guideline value for Ragunathan 6th 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 6th Cross Street

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RAGUNATHAN 6th CROSS STREET guideline value

The current guideline value of RAGUNATHAN 6th 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 6th CROSS STREET has changed

The guideline value for RAGUNATHAN 6th CROSS STREET has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 1,500 per sq.ft. This figure decreased to Rs 1,005 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,500 per sq.ft, which is a rise of 49%. The most recent revision in 2024 has set the guideline value at Rs 1,700 per sq.ft, reflecting a change of 13% from the previous year.

There are no figures available for RAGUNATHAN 6th CROSS STREET in the revisions for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 13%.

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. The median guideline value for these streets is Rs 1,700 per sq.ft, which is the same as the current value for RAGUNATHAN 6th CROSS STREET.

Stamp duty and registration fee for property in RAGUNATHAN 6th 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 amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers RAGUNATHAN 6th CROSS STREET?

The Sub Registrar Office that covers RAGUNATHAN 6th CROSS STREET is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Uthandi. It is used to determine the stamp duty and registration fees that are applicable when buying or selling property in the area.

When you register a property, the guideline value is considered to ensure that the appropriate fees are collected based on the value of the property being transferred. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of RAGUNATHAN 6th CROSS STREET?

The current guideline value of RAGUNATHAN 6th 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 increased 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 for RAGUNATHAN 6th CROSS STREET?

RAGUNATHAN 6th CROSS STREET is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for a property here?

For a property valued at Rs 17,00,000, the stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, totaling Rs 1,53,000.

Where is the Sub Registrar Office for this street located?

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