Guideline Value

Corporate

Guideline Value for RAJIV GANDHI NAGAR

₹200/sq.ft.

The guideline value for Rajiv Gandhi Nagar in Venmanamputhur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Venmanamputhur

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[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 Rajiv Gandhi Nagar

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Rajiv Gandhi Nagar guideline value

The current guideline value of Rajiv Gandhi Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Venmanamputhur village, under the Tiruvallur Joint 1 SRO, and is classified as Residential Class II Type - II.

How the guideline value of Rajiv Gandhi Nagar has changed

In the 2012 revision, the guideline value was set at Rs 200 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 134 per sq.ft, marking a -33% change. The value then increased significantly to Rs 200 per sq.ft in the 2023 revision, reflecting a 49% increase from the 2017 figure. The 2024 revision maintained the guideline value at Rs 200 per sq.ft, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for Rajiv Gandhi Nagar. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 200 per sq.ft.

Guideline values in Venmanamputhur

In Venmanamputhur, there are 54 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft. The median guideline value is Rs 200 per sq.ft, which is equal to the 2024 figure for Rajiv Gandhi Nagar.

Stamp duty and registration fee for property in Rajiv Gandhi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. 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 Rajiv Gandhi Nagar?

The Sub Registrar Office that covers Rajiv Gandhi Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.N. Road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process of property transactions in Venmanamputhur. It is used to determine the stamp duty and registration fees that must be paid when transferring property ownership.

When you buy or sell property, the guideline value ensures that the transaction is recorded accurately and that the appropriate taxes are collected. Buyers should be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Rajiv Gandhi Nagar?

The current guideline value of Rajiv Gandhi Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent revision in 2024 maintaining it at Rs 200 per sq.ft, the same as in 2023. The value was Rs 134 per sq.ft in 2017, which was a significant decrease from Rs 200 per sq.ft in 2012.

What are the guideline values of other streets in Venmanamputhur?

Other streets in Venmanamputhur have varying guideline values, with some streets like Rayala Nagar at Rs 250 per sq.ft and others like Saradha Nagar, Senthil Nagar, Padmini Nagar, Seyon Nagar, and Shanthi Nagar all at Rs 200 per sq.ft in 2024.

What are the fees for registering property in Rajiv Gandhi Nagar?

The fees for registering property in Rajiv Gandhi Nagar include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Which office handles the registration of properties in Rajiv Gandhi Nagar?

The Tiruvallur Joint 1 Sub Registrar Office handles the registration of properties in Rajiv Gandhi Nagar, located at No.201, J.N. Road, Taluk Office Compound, Thiruvallur-602001.