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

Guideline Value

Corporate

Guideline Value for RAMAKRISHNA NAGAR 3RD CROSS STREET

₹11500/sq.ft.

The guideline value for Ramakrishna Nagar 3rd Cross Street in Mylapore village (Mylapore SRO, Chennai zone) is Rs 11500 per sq.ft, effective 1 July 2024. It was Rs 10500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore

Village

Mylapore

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹11500 /sq.ft.
From 1-4-2023 ₹10500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹10500 /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:5/9, Kavingar Bharathidasan Salai, Seethamalcolony ,cresent Street Alwarpet,chennai -600018
044-24640344
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Ramakrishna Nagar 3rd Cross Street

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

Ramakrishna Nagar 3rd Cross Street guideline value

The current guideline value of Ramakrishna Nagar 3rd Cross Street is Rs 11,500 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village and falls under the Mylapore SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Ramakrishna Nagar 3rd Cross Street has changed

The guideline value for Ramakrishna Nagar 3rd Cross Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 11,500 per sq.ft, which reflects a 10% increase from the 2023 revision of Rs 10,500 per sq.ft. Prior to that, the 2012 revision also recorded a value of Rs 10,500 per sq.ft, indicating no change from 2012 to 2023.

There are no figures available for the revisions in 2002, 2003, 2007, and 2017 for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%.

Guideline values in Mylapore

In Mylapore village, there are 883 streets under the Mylapore SRO that have a 2024 guideline value ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median value for these streets is Rs 8,800 per sq.ft, placing the guideline value of Ramakrishna Nagar 3rd Cross Street above this median.

Stamp duty and registration fee for property in Ramakrishna Nagar 3rd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 11,500 per sq.ft, the total guideline value amounts to Rs 1,15,00,000. The stamp duty at 7% would be Rs 8,05,000, and the registration fee at 2% would be Rs 2,30,000, leading to a total of Rs 10,35,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ramakrishna Nagar 3rd Cross Street?

The Sub Registrar Office covering Ramakrishna Nagar 3rd Cross Street is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Mylapore. It is used to determine the stamp duty and registration fees that need to be paid during the registration process, ensuring that the transaction is legally documented and taxed appropriately.

When a property is sold, the guideline value serves as a reference point for the transaction value. If the sale price is higher than the guideline value, the stamp duty will be calculated on the sale price; otherwise, it will be based on the guideline value.

Frequently asked questions

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

The current guideline value of Ramakrishna Nagar 3rd Cross Street is Rs 11,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for this street has increased from Rs 10,500 per sq.ft in 2023 to Rs 11,500 per sq.ft in 2024. There was no change from 2012 to 2023, and the overall change from 2012 to 2024 is a 10% increase.

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

For a property valued at Rs 1,15,00,000, the stamp duty would be Rs 8,05,000 and the registration fee would be Rs 2,30,000, totaling Rs 10,35,000. These fees are based on the higher of the guideline value or the sale price.

Which office handles registrations for Ramakrishna Nagar 3rd Cross Street?

The Mylapore Sub Registrar Office is responsible for registrations in Ramakrishna Nagar 3rd Cross Street. The office is located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.

What is the land classification for Ramakrishna Nagar 3rd Cross Street?

The land classification for Ramakrishna Nagar 3rd Cross Street is Residential Class II Type - III. This classification is important for understanding the permitted uses of the land in this area.