Guideline Value

Corporate

Guideline Value for Rajarathinam Nagar F Block 6thLane

₹1900/sq.ft.

The guideline value for Rajarathinam Nagar F Block 6thlane 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 6thlane

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Rajarathinam Nagar F Block 6thLane guideline value

The current guideline value for Rajarathinam Nagar F Block 6th Lane is Rs 1,900 per sq.ft, effective from 1 July 2024. This property is located in Kodungaiyur village under the Madhavaram SRO, classified as Residential Class III Type - I.

How the guideline value of Rajarathinam Nagar F Block 6thLane has changed

Looking at the revisions, the guideline value for Rajarathinam Nagar F Block 6th Lane was Rs 1,800 per sq.ft in 2023 and has increased to Rs 1,900 per sq.ft in 2024, marking a change of +6%. Prior to 2023, the value remained at Rs 1,800 per sq.ft since 2012, indicating no change during that period. The register has no figures for the years 2002, 2003, 2007, and 2017 for this street.

Overall, from 2012 to 2024, the guideline value has increased by +6%. This consistent value in 2012 and 2023 reflects stability before the recent increase in 2024.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO with 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 F Block 6th Lane is below this median.

Stamp duty and registration fee for property in Rajarathinam Nagar F Block 6thLane

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, and the registration fee at 2% would be Rs 38,000, making the total Rs 1,71,000. Duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Rajarathinam Nagar F Block 6thLane?

The Rajarathinam Nagar F Block 6th Lane is covered by 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 a crucial factor during the registration of property transactions in Kodungaiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the sale price is not undervalued.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are necessary for the legal transfer of property ownership. This ensures transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value for Rajarathinam Nagar F Block 6th Lane?

The current guideline value for Rajarathinam Nagar F Block 6th 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 seen an increase from Rs 1,800 per sq.ft in 2023 to Rs 1,900 per sq.ft in 2024, marking a +6% change. It remained stable at Rs 1,800 per sq.ft from 2012 to 2023.

What is the classification of land in Rajarathinam Nagar F Block 6th Lane?

The land classification for Rajarathinam Nagar F Block 6th Lane is Residential Class III Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 19,00,000, the stamp duty would be Rs 1,33,000 and the registration fee would be Rs 38,000, totaling Rs 1,71,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office handles registrations for this area?

The Madhavaram Sub Registrar Office is responsible for handling registrations in Rajarathinam Nagar F Block 6th Lane, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.