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Guideline Value

Corporate

Guideline Value for RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road)

₹3300/sq.ft.

The guideline value for Ruther Ford Puram (dr.radha Krishnan Salai , Dr.natesan Road) in Mylapore village (Mylapore SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore

Village

Mylapore

SRO

Residential Class V Type - III
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹3000 /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 Ruther Ford Puram (dr.radha Krishnan Salai , Dr.natesan Road)

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RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road) guideline value

The current guideline value for RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road) is Rs 3,300 per sq.ft, effective from 1 July 2024. This area is located in Mylapore village under the Mylapore SRO and is classified as Residential Class V Type - III.

How the guideline value of RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road) has changed

The guideline value for RUTHER FORD PURAM has seen several revisions over the years. The 2012 revision set the value at Rs 3,000 per sq.ft, which remained unchanged until the 2023 revision, where it also stood at Rs 3,000 per sq.ft. However, in the 2024 revision, the guideline value increased by 10% to Rs 3,300 per sq.ft.

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

Guideline values in Mylapore

In Mylapore, there are 883 streets under the Mylapore SRO, with the 2024 guideline values 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, indicating that RUTHER FORD PURAM's 2024 figure is below this median.

Stamp duty and registration fee for property in RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, while the registration fee at 2% would be Rs 66,000. Together, the total cost for stamp duty and registration would be Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road)?

The Sub Registrar Office that covers RUTHER FORD PURAM 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 in the registration process when buying or selling property in Mylapore. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for RUTHER FORD PURAM?

The current guideline value for RUTHER FORD PURAM (Dr.Radha Krishnan Salai , Dr.Natesan Road) is Rs 3,300 per sq.ft as of the 2024 revision.

How has the guideline value changed over the years?

The guideline value for RUTHER FORD PURAM has changed from Rs 3,000 per sq.ft in 2012 to Rs 3,300 per sq.ft in 2024, reflecting a 10% increase over this period.

What are the stamp duty rates for properties in Mylapore?

The stamp duty for properties in Mylapore is charged at a rate of 7% on the guideline value or sale price, whichever is higher.

Where is the Mylapore Sub Registrar Office located?

The Mylapore Sub Registrar Office is located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.

What is the median guideline value in Mylapore?

The median guideline value for streets in Mylapore is Rs 8,800 per sq.ft, while RUTHER FORD PURAM's 2024 guideline value is below this median at Rs 3,300 per sq.ft.