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

Guideline Value

Corporate

Guideline Value for Rajarathinam Nagar F Block 3rd Lane

₹1900/sq.ft.

The guideline value for Rajarathinam Nagar F Block 3rd 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 N/A
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 F Block 3rd Lane

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

Rajarathinam Nagar F Block 3rd Lane guideline value

The current guideline value for Rajarathinam Nagar F Block 3rd Lane is Rs 1,900 per sq.ft, effective from 1 July 2024. This property is located in Kodungaiyur village, under the Madhavaram SRO, and falls under the Residential Class III Type - I land classification.

How the guideline value of Rajarathinam Nagar F Block 3rd Lane has changed

The guideline value for Rajarathinam Nagar F Block 3rd Lane has seen several revisions over the years. The most recent revision, effective from 1 July 2024, sets the value at Rs 1,900 per sq.ft, an increase of 6% from the previous year’s figure of Rs 1,800 per sq.ft, which was maintained since the 2012 revision. Notably, there are no figures available for the years 2002, 2003, 2007, and 2017 in the register for this street.

Looking back, the 2012 revision also recorded a guideline value of Rs 1,800 per sq.ft. Therefore, from 2012 to 2024, the overall increase in guideline value is 6%, reflecting a steady valuation over the years.

Guideline values in Kodungaiyur

Kodungaiyur has a total of 1,318 streets under the Madhavaram SRO, with guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, placing the Rajarathinam Nagar F Block 3rd Lane's 2024 figure below the median.

Stamp duty and registration fee for property in Rajarathinam Nagar F Block 3rd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value would be Rs 19,00,000. The stamp duty, charged at 7%, would amount to Rs 1,33,000, while the registration fee at 2% would be Rs 38,000. Together, the total cost for these fees would be Rs 1,71,000. 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 our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rajarathinam Nagar F Block 3rd Lane?

The Rajarathinam Nagar F Block 3rd Lane falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value is an essential factor when buying or selling property in Kodungaiyur, as it determines the minimum value at which a property can be registered. This value helps in calculating the stamp duty and registration fees that are payable during the transaction.

When a property is sold, the guideline value serves as a benchmark for the sale price, ensuring that the transaction is recorded accurately and fairly. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Rajarathinam Nagar F Block 3rd Lane?

The current guideline value for Rajarathinam Nagar F Block 3rd 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 2023 to Rs 1,900 per sq.ft in 2024, reflecting a 6% increase. The value has remained at Rs 1,800 per sq.ft since 2012, indicating no change during that period.

What is the land classification for Rajarathinam Nagar F Block 3rd Lane?

The land classification for Rajarathinam Nagar F Block 3rd Lane is Residential Class III Type - I. This classification is important for determining the usage and regulations applicable to the property.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles all registrations for properties in the area.

How is stamp duty calculated for properties in Rajarathinam Nagar F Block 3rd Lane?

Stamp duty for properties in Rajarathinam Nagar F Block 3rd Lane is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,33,000.