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Guideline Value

Corporate

Guideline Value for Rajarathinam Nagar C Block 4th Lane

₹1900/sq.ft.

The guideline value for Rajarathinam Nagar C Block 4th Lane in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 1900 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[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 Rajarathinam Nagar C Block 4th Lane

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Rajarathinam Nagar C Block 4th Lane guideline value

The current guideline value for Rajarathinam Nagar C Block 4th Lane is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO, classified as Residential Class III Type - I.

How the guideline value of Rajarathinam Nagar C Block 4th Lane has changed

The guideline value for Rajarathinam Nagar C Block 4th Lane has undergone several revisions over the years. The 2012 revision set the guideline value at Rs 1,800 per sq.ft, which decreased to Rs 1,206 per sq.ft in the 2017 revision. Following this, the value significantly increased to Rs 1,800 per sq.ft in 2023, and then to Rs 1,900 per sq.ft in 2024, marking a 6% increase from the previous year.

From 2017 to 2023, the guideline value rose by 49%. Overall, from 2012 to 2024, there has been a 6% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value for Rajarathinam Nagar C Block 4th Lane is below this median.

Stamp duty and registration fee for property in Rajarathinam Nagar C Block 4th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, while the registration fee at 2% would be Rs 38,000, totaling Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Rajarathinam Nagar C Block 4th Lane?

The Rajarathinam Nagar C Block 4th Lane falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Kodungaiyur. It serves as a benchmark for determining the minimum value of the property for registration purposes. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of the transaction. Ensuring that the property is registered at the correct guideline value helps in maintaining transparency in property dealings.

Frequently asked questions

What is the current guideline value for Rajarathinam Nagar C Block 4th Lane?

The current guideline value for Rajarathinam Nagar C Block 4th Lane is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.

What are the other streets with the same guideline value in Kodungaiyur?

Other streets in Kodungaiyur with the same guideline value of Rs 1,900 per sq.ft include Rajarathinam Nagar C Block 3rd Lane, 5th Lane, 2nd Lane, D Block 1st Lane, C Block 1st Lane, and D Block 2nd Lane.

What is the registration fee for a property in Rajarathinam Nagar C Block 4th Lane?

The registration fee for a property is calculated at 2% of the guideline value. For a plot valued at Rs 19,00,000, the registration fee would be Rs 38,000.

Which Sub Registrar Office should I contact for transactions in Rajarathinam Nagar C Block 4th Lane?

The Madhavaram Sub Registrar Office covers transactions in Rajarathinam Nagar C Block 4th Lane. The office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.