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

Guideline Value

Corporate

Guideline Value for Radha Avenue 6th Street

₹3850/sq.ft.

The guideline value for Radha Avenue 6th Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹265 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹243 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[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 Radha Avenue 6th 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

Radha Avenue 6th Street guideline value

The current guideline value of Radha Avenue 6th Street is Rs 3,850 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village, under the Virugambakkam SRO, and is classified as Residential Class II Type - I.

How the guideline value of Radha Avenue 6th Street has changed

The guideline value for Radha Avenue 6th Street has undergone several revisions over the years. In 2002, the value was Rs 243 per sq.ft, which increased to Rs 265 per sq.ft in 2003, marking a 9% rise. The value saw a significant increase to Rs 500 per sq.ft in 2007, reflecting an 89% change. By 2012, the value was Rs 3,500 per sq.ft, which was a substantial increase of 600% from the previous revision. However, it decreased to Rs 2,345 per sq.ft in 2017, showing a decline of 33%.

In 2023, the guideline value rose to Rs 3,500 per sq.ft, and in the latest revision for 2024, it has increased to Rs 3,850 per sq.ft, which is a 10% rise. Overall, from 2002 to 2024, the guideline value has increased by 1484%. There are no figures available for revisions in the years not mentioned.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO, with guideline values ranging from Rs 2,750 to Rs 8,800 per sq.ft. The median guideline value is Rs 3,850 per sq.ft, which is equal to the 2024 figure for Radha Avenue 6th Street.

Stamp duty and registration fee for property in Radha Avenue 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total cost for these fees to Rs 3,46,500. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Radha Avenue 6th Street?

The Sub Registrar Office that covers Radha Avenue 6th Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Valasaravakkam. It is used to determine the stamp duty and registration fees applicable during the sale or purchase of a property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This process ensures that all transactions are conducted transparently and in accordance with the law.

Frequently asked questions

What is the current guideline value of Radha Avenue 6th Street?

The current guideline value of Radha Avenue 6th Street is Rs 3,850 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 243 per sq.ft in 2002 to Rs 3,850 per sq.ft in 2024, reflecting an increase of 1484% overall.

What is the registration office for Radha Avenue 6th Street?

The registration office for Radha Avenue 6th Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at Rs 3,850 per sq.ft has a total guideline value of Rs 38,50,000.

What are the guideline values of other streets in Valasaravakkam?

Other streets in Valasaravakkam have guideline values ranging from Rs 2,750 to Rs 8,800 per sq.ft, with the median being Rs 3,850 per sq.ft, which is the same as Radha Avenue 6th Street's value.