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Guideline Value

Corporate

Guideline Value for Rajagopalapuram Avenue

₹2650/sq.ft.

The guideline value for Rajagopalapuram Avenue in Moulivakkam village (Kunrathur SRO, Chennai zone) is Rs 2650 per sq.ft, effective 1 July 2024. It was Rs 2400 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Moulivakkam

Village

Kunrathur

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2650 /sq.ft.
From 1-4-2023 ₹2400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1608 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹750 /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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[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 Rajagopalapuram Avenue

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Rajagopalapuram Avenue guideline value

The current guideline value of Rajagopalapuram Avenue is Rs 2,650 per sq.ft, effective from 1 July 2024. This street is located in Moulivakkam village under the Kunrathur SRO, classified as Mixed Special Type - I.

How the guideline value of Rajagopalapuram Avenue has changed

Over the years, the guideline value for Rajagopalapuram Avenue has seen significant changes. The earliest recorded figure is from 2007, where it was Rs 750 per sq.ft. This increased to Rs 2,400 per sq.ft in 2012, marking a substantial rise of 220%. However, between 2012 and 2017, the value dropped to Rs 1,608 per sq.ft, a decrease of 33%. The value then rose again to Rs 2,400 per sq.ft in 2023, and most recently, it has increased by 10% to reach Rs 2,650 per sq.ft in 2024.

The overall change from the 2007 revision to the 2024 revision reflects an increase of 253%. Notably, there are no recorded figures for the years 2002 and 2003 for this street in the register.

Guideline values in Moulivakkam

In Moulivakkam, there are 44 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 2,000 to Rs 3,900 per sq.ft, with a median value of Rs 2,450 per sq.ft. The guideline value of Rajagopalapuram Avenue is above this median.

Stamp duty and registration fee for property in Rajagopalapuram Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 2,650 per sq.ft, the total guideline value amounts to Rs 26,50,000. The stamp duty at 7% would be Rs 1,85,500, and the registration fee at 2% would be Rs 53,000, bringing the total to Rs 2,38,500. It is important to note that the 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 Rajagopalapuram Avenue?

The Sub Registrar Office that covers Rajagopalapuram Avenue is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, within the Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Moulivakkam. It is used to determine the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, it is essential to be aware of the guideline value, as it affects the overall costs involved in the transaction. Buyers should ensure that the sale price is in line with the guideline value to avoid complications during registration.

Frequently asked questions

What is the current guideline value of Rajagopalapuram Avenue?

The current guideline value of Rajagopalapuram Avenue is Rs 2,650 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 750 per sq.ft in 2007 to Rs 2,650 per sq.ft in 2024, reflecting an overall increase of 253% over this period.

What is the land classification of Rajagopalapuram Avenue?

Rajagopalapuram Avenue is classified as Mixed Special Type - I, which is relevant for determining its guideline value and usage.

What are the stamp duty and registration fees for a property in Rajagopalapuram Avenue?

For a property valued at Rs 26,50,000, the stamp duty would be Rs 1,85,500, and the registration fee would be Rs 53,000, totaling Rs 2,38,500.

Which Sub Registrar Office covers the registration for Rajagopalapuram Avenue?

The Kunrathur Sub Registrar Office covers the registration for Rajagopalapuram Avenue, located at No.59, Road Street, Kundrathur, Chennai -600 069.