Guideline Value for RAJAJI STREET ( T V MALAI)
₹825/sq.ft.
The guideline value for Rajaji Street ( T V Malai) in Tiruttani village (Thiruttani SRO, Chennai zone) is Rs 825 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Tiruttani
Village
Thiruttani
SRO
Residential Class III Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹825 /sq.ft. |
| From 1-4-2023 | ₹750 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹502 /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)
No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209
044-27881504
[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 Rajaji Street ( T V Malai)
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thiruttani sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Rajaji Street ( T V Malai) guideline value
The current guideline value of Rajaji Street ( T V Malai) is Rs 825 per sq.ft, effective from 1 July 2024. This street is located in Tiruttani village and falls under the Thiruttani SRO. The land classification for this area is Residential Class III Type - I.
How the guideline value of Rajaji Street ( T V Malai) has changed
The guideline value for Rajaji Street ( T V Malai) has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 825 per sq.ft, an increase from Rs 750 per sq.ft in 2023, marking a change of +10%. Prior to that, in 2017, the guideline value was Rs 502 per sq.ft, indicating a significant increase of +49% from the 2017 revision to the 2023 revision. Overall, from 2017 to 2024, the guideline value has increased by +64%.
It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.
Guideline values in Tiruttani
In Tiruttani, there are 160 streets under the Thiruttani SRO that carry a guideline value for 2024, ranging from Rs 548 to Rs 1,540 per sq.ft. The median guideline value is Rs 825 per sq.ft, which is equal to the current value of Rajaji Street ( T V Malai).
- Railway Quarters: Rs 1,099 per sq.ft (2024)
- Pudur Medu: Rs 550 per sq.ft (2024)
- Pudur: Rs 548 per sq.ft (2024)
- Pudhu Vannarapettai: Rs 550 per sq.ft (2024)
- Poonga Nagar: Rs 550 per sq.ft (2024)
- P.M.S.Nagar: Rs 550 per sq.ft (2024)
Stamp duty and registration fee for property in Rajaji Street ( T V Malai)
For a 1,000 sq.ft plot at the current rate of Rs 825 per sq.ft, the guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total to Rs 74,250. Please note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Rajaji Street ( T V Malai)?
The Sub Registrar Office that covers Rajaji Street ( T V Malai) is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Tiruttani
The guideline value is a critical factor when buying or selling property in Tiruttani. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations.
When a property is registered, the guideline value is compared to the actual sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.
Frequently asked questions
What is the current guideline value of Rajaji Street ( T V Malai)?
The current guideline value of Rajaji Street ( T V Malai) is Rs 825 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has increased from Rs 502 per sq.ft in 2017 to Rs 825 per sq.ft in 2024, reflecting an overall increase of +64% over this period.
What is the land classification for Rajaji Street ( T V Malai)?
Rajaji Street ( T V Malai) is classified as Residential Class III Type - I.
Where can I find the registration office for Rajaji Street ( T V Malai)?
The registration office for Rajaji Street ( T V Malai) is the Thiruttani Sub Registrar Office, located at No.31, Old Taluk Office Compound, Kacheri Street Opposite, Gandhi Road Main, Thiruttani-631 209, Chennai registration zone.
How is stamp duty calculated for properties in Tiruttani?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 8,25,000 would incur a stamp duty of Rs 57,750 at a rate of 7%.
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