Guideline Value

Corporate

Guideline Value for Rajamani Nagar

₹990/sq.ft.

The guideline value for Rajamani Nagar in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 990 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class V Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class V Type - I
History
Period Guideline Value
From 1-7-2024 ₹990 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹900 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹125 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹54 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Rajamani Nagar

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Rajamani Nagar guideline value

The current guideline value of Rajamani Nagar is Rs 990 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class V Type - I.

How the guideline value of Rajamani Nagar has changed

The guideline value for Rajamani Nagar has seen several revisions over the years. Starting from Rs 54 per sq.ft in 2002, it increased to Rs 125 per sq.ft in 2003, marking a significant rise of 131%. The value then jumped to Rs 200 per sq.ft in 2007, reflecting a 60% increase. In 2012, the value remained at Rs 900 per sq.ft, with no change until 2023. The 2023 revision maintained the value at Rs 900 per sq.ft, before increasing to Rs 990 per sq.ft in 2024, a change of 10%.

It is important to note that the register has no figure for this street in 2017. Overall, from 2002 to 2024, the guideline value has increased by 1733%, reaching the current rate of Rs 990 per sq.ft.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, placing Rajamani Nagar's 2024 figure below that median.

Stamp duty and registration fee for property in Rajamani Nagar

For a 1,000 sq.ft plot at the current rate of Rs 990 per sq.ft, the guideline value amounts to Rs 9,90,000. The stamp duty is charged at 7%, totaling Rs 69,300, while the registration fee at 2% amounts to Rs 19,800. Together, the total cost for these fees would be Rs 89,100. It is important to note that 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 more precise calculations.

Which Sub Registrar Office covers Rajamani Nagar?

The Sub Registrar Office that covers Rajamani Nagar is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process for buying or selling property in Thirumullaivoyal. It serves as a reference point for determining the stamp duty and registration fees applicable during the transaction.

When a property is registered, the guideline value is assessed, and the applicable duties are calculated based on this value or the sale price, whichever is higher. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value of Rajamani Nagar?

The current guideline value of Rajamani Nagar is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 54 per sq.ft in 2002 to Rs 990 per sq.ft in 2024, marking an overall increase of 1733% over the years.

What is the registration office for Rajamani Nagar?

The registration office for Rajamani Nagar is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated in Rajamani Nagar?

Stamp duty in Rajamani Nagar is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% for stamp duty and 2% for the registration fee.

What are the other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal include Rajamani Street, Rajaji Street (Road) (Senthil Nagar), Rajarajan Street (senthil nagar), Rajaji Cross Street (Road) (Senthil Nagar), Raghavendra Street (senthil nagar), and Rajeswari Street, with varying guideline values.