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Guideline Value

Corporate

Guideline Value for Rajarathinam Nagar H Block 4th Lane

₹1900/sq.ft.

The guideline value for Rajarathinam Nagar H 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 H Block 4th Lane

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Rajarathinam Nagar H Block 4th Lane guideline value

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

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

The guideline value for Rajarathinam Nagar H Block 4th Lane has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 1,800 per sq.ft. This figure dropped significantly to Rs 1,206 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value increased to Rs 1,800 per sq.ft, which is a rise of 49%. The most recent revision in 2024 has set the guideline value at Rs 1,900 per sq.ft, reflecting a 6% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 6%.

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 Rajarathinam Nagar H Block 4th Lane's 2024 figure below this median.

Stamp duty and registration fee for property in Rajarathinam Nagar H 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 would be Rs 19,00,000. The stamp duty at 7% would amount to Rs 1,33,000, and the registration fee at 2% would be Rs 38,000. Together, these fees total Rs 1,71,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more detailed calculations.

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

The Rajarathinam Nagar H Block 4th Lane falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kodungaiyur, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property registration. Ensuring that the property is valued at or above the guideline value is necessary for a smooth registration process.

Frequently asked questions

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

The current guideline value for Rajarathinam Nagar H 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 back to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Rajarathinam Nagar H Block 4th Lane is Residential Class III Type - I.

What are the stamp duty and registration fees for properties here?

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.

Which office handles registrations for Rajarathinam Nagar H Block 4th Lane?

The Madhavaram Sub Registrar Office handles registrations for Rajarathinam Nagar H Block 4th Lane, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.