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

Guideline Value

Corporate

Guideline Value for RAIL NAGAR, 3RD CROSS STREET (WARD -2)

₹1100/sq.ft.

The guideline value for Rail Nagar, 3rd Cross Street (ward -2) in Ninna Karai village (Chengleput Joint Ii SRO, Chengalpattu 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 I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Ninna Karai

Village

Chengleput Joint II

SRO

Residential Class I 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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Rail Nagar, 3rd Cross Street (ward -2)

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

Rail Nagar, 3rd Cross Street (Ward -2) guideline value

The current guideline value of Rail Nagar, 3rd Cross Street (Ward -2) is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ninna Karai village under the Chengleput Joint II SRO and is classified as Residential Class I Type - I.

How the guideline value of Rail Nagar, 3rd Cross Street (Ward -2) has changed

The guideline value for Rail Nagar, 3rd Cross Street has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 1,000 per sq.ft. In 2017, this value decreased to Rs 670 per sq.ft, marking a decline of 33%. The 2023 revision saw a significant increase to Rs 1,000 per sq.ft, followed by another increase to Rs 1,100 per sq.ft in 2024, reflecting a 10% rise from the previous year. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has seen a net increase of 10%. The jump from 2017 to 2023 was particularly notable, with a 49% increase, showcasing the fluctuations in the guideline values over the years.

Guideline values in Ninna Karai

Ninna Karai village has a total of 449 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,500 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which matches the 2024 guideline value for Rail Nagar, 3rd Cross Street.

Stamp duty and registration fee for property in Rail Nagar, 3rd Cross Street (Ward -2)

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 at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that the duty is charged based on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Rail Nagar, 3rd Cross Street (Ward -2)?

The Sub Registrar Office that covers Rail Nagar, 3rd Cross Street (Ward -2) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Ninna Karai, as it determines the official value of the property for registration purposes. This value is used to calculate the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions, reflecting the value of the property as determined by the guideline value register.

Frequently asked questions

What is the current guideline value of Rail Nagar, 3rd Cross Street?

The current guideline value of Rail Nagar, 3rd Cross Street (Ward -2) 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 changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What are the other streets in Ninna Karai with the same guideline value?

Other streets in Ninna Karai with a guideline value of Rs 1,100 per sq.ft include Rail Nagar 2nd Street, Rail Nagar 3nd Street, Rail Nagar 4nd Street, Rail Nagar 5nd Street, and Rail Nagar 6nd Street.

Where is the Chengleput Joint II Sub Registrar Office located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How is the stamp duty calculated in Ninna Karai?

Stamp duty in Ninna Karai is calculated based on the higher of the guideline value or the sale price of the property. This ensures that the appropriate fees are collected during property transactions.