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Guideline Value

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Guideline Value for Raghava Reddy Colony East Street (AN)

₹7700/sq.ft.

The guideline value for Raghava Reddy Colony East Street (an) in Kodambakkam village (Ashok Nagar SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodambakkam

Village

Ashok Nagar

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹7000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561082
[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 Raghava Reddy Colony East Street (an)

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Raghava Reddy Colony East Street (AN) guideline value

The current guideline value of Raghava Reddy Colony East Street (AN) is Rs 7,700 per sq.ft, effective from 1 July 2024. This street is located in Kodambakkam village and falls under the Ashok Nagar SRO. The land classification for this area is Mixed Type - II.

How the guideline value of Raghava Reddy Colony East Street (AN) has changed

The guideline value for Raghava Reddy Colony East Street (AN) has undergone several revisions over the years. The oldest recorded revision is from 2007, where the guideline value was Rs 2,000 per sq.ft. This figure increased significantly to Rs 7,000 per sq.ft in the 2012 revision, marking a 250% increase. The most recent revision in 2024 set the guideline value at Rs 7,700 per sq.ft, representing a 10% increase from the 2012 figure. Overall, from 2007 to 2024, the guideline value has increased by 285%.

It is important to note that there are no recorded figures for the years 2002, 2003, 2017, and 2023 for this street in the guideline value register.

Guideline values in Kodambakkam

In Kodambakkam, there are 1,031 streets under the Ashok Nagar SRO that carry a 2024 guideline value, ranging from Rs 2,200 to Rs 11,000 per sq.ft. The median guideline value in this area is Rs 4,900 per sq.ft, making the current value for Raghava Reddy Colony East Street (AN) above that median.

Stamp duty and registration fee for property in Raghava Reddy Colony East Street (AN)

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value would be Rs 77,00,000. The stamp duty at 7% would amount to Rs 5,39,000, while the registration fee at 2% would be Rs 1,54,000, bringing the total fees to Rs 6,93,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Raghava Reddy Colony East Street (AN)?

The Sub Registrar Office that covers Raghava Reddy Colony East Street (AN) is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kodambakkam. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers should be aware that the guideline value is set by the government and is subject to periodic revisions.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any discrepancies during registration. The higher of the two values—guideline value or sale price—will be used to calculate the applicable fees.

Frequently asked questions

What is the current guideline value of Raghava Reddy Colony East Street (AN)?

The current guideline value of Raghava Reddy Colony East Street (AN) is Rs 7,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2007?

Since 2007, the guideline value has increased from Rs 2,000 per sq.ft to Rs 7,700 per sq.ft in 2024, which is an overall increase of 285%.

What was the guideline value in 2012?

The guideline value for Raghava Reddy Colony East Street (AN) in 2012 was Rs 7,000 per sq.ft.

Are there any years without recorded figures for this street?

Yes, there are no recorded figures for the years 2002, 2003, 2017, and 2023 for Raghava Reddy Colony East Street (AN) in the guideline value register.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Raghava Reddy Colony East Street (AN) is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.