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Guideline Value

Corporate

Guideline Value for RAJAGOPAL STREET(GANGAI AMMAN KOIL CROSS STREET)

₹2200/sq.ft.

The guideline value for Rajagopal Street(gangai Amman Koil Cross Street) in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Rajagopal Street(gangai Amman Koil Cross Street)

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Rajagopal Street(Gangai Amman Koil Cross Street) guideline value

The current guideline value of Rajagopal Street(Gangai Amman Koil Cross Street) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Sholinganallur - 1 village, under the Neelankarai SRO, and is classified as Residential Class II Type - III.

How the guideline value of Rajagopal Street(Gangai Amman Koil Cross Street) has changed

In the 2017 revision, the guideline value for Rajagopal Street was Rs 1,340 per sq.ft. The latest revision in 2024 increased this value to Rs 2,200 per sq.ft, marking a significant change of +64% over the seven years. The register has no figure for this street in the revisions for 2023, 2012, 2007, 2003, and 2002.

From 2017 to 2024, the increase reflects a notable adjustment in the guideline value. The 2024 figure of Rs 2,200 per sq.ft aligns with the median guideline value for the 754 streets in Sholinganallur - 1, which ranges from Rs 1,000 to Rs 8,800 per sq.ft.

Guideline values in Sholinganallur - 1

The guideline values in Sholinganallur - 1 village under the Neelankarai SRO vary significantly, with the current figures ranging from Rs 1,000 to Rs 8,800 per sq.ft. Rajagopal Street(Gangai Amman Koil Cross Street) has a 2024 guideline value that is equal to the median of Rs 2,200 per sq.ft.

Stamp duty and registration fee for property in Rajagopal Street(Gangai Amman Koil Cross Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rajagopal Street(Gangai Amman Koil Cross Street)?

The Sub Registrar Office covering Rajagopal Street(Gangai Amman Koil 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 Sholinganallur - 1

The guideline value is an essential factor in property transactions in Sholinganallur - 1, as it determines the minimum value at which a property can be registered. When buying or selling property, this value is used to calculate the applicable stamp duty and registration fees.

It is crucial for buyers and sellers to be aware of the guideline value as it affects the overall cost of the transaction. The guideline value ensures that the property is registered at a fair value, reflecting the local market conditions.

Frequently asked questions

What is the current guideline value of Rajagopal Street?

The current guideline value of Rajagopal Street(Gangai Amman Koil Cross Street) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,340 per sq.ft to Rs 2,200 per sq.ft, which is a change of +64%.

What is the land classification for Rajagopal Street?

Rajagopal Street(Gangai Amman Koil Cross Street) is classified as Residential Class II Type - III.

Where can I find the Neelankarai Sub Registrar Office?

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

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 at 7%.