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Guideline Value

Corporate

Guideline Value for Rajas Garden (Judicial Officers Colony)

₹2860/sq.ft.

The guideline value for Rajas Garden (judicial Officers Colony) in Noombal village (Kunrathur SRO, Chennai zone) is Rs 2860 per sq.ft, effective 1 July 2024. It was Rs 2600 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Noombal

Village

Kunrathur

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2860 /sq.ft.
From 1-4-2023 ₹2600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1742 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 ₹97 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Rajas Garden (judicial Officers Colony)

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Rajas Garden (Judicial Officers Colony) guideline value

The current guideline value of Rajas Garden (Judicial Officers Colony) is Rs 2,860 per sq.ft, effective from 1 July 2024. This area is located in Noombal village under the Kunrathur SRO and is classified as Mixed Special Type - I.

How the guideline value of Rajas Garden (Judicial Officers Colony) has changed

Over the years, the guideline value of Rajas Garden has seen significant changes. In the 2003 revision, the guideline value was Rs 97 per sq.ft, which increased dramatically to Rs 1,742 per sq.ft in 2017, marking a change of +1696%. Following this, the value rose to Rs 2,600 per sq.ft in 2023, a +49% increase. The latest revision in 2024 has set the guideline value at Rs 2,860 per sq.ft, reflecting a +10% change from the previous year.

Notably, there are no figures available for the revisions in 2002, 2007, and 2012 for this street. Overall, from 2003 to 2024, the guideline value has increased by +2848%.

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, placing Rajas Garden's 2024 figure above this median.

Stamp duty and registration fee for property in Rajas Garden (Judicial Officers Colony)

For a 1,000 sq.ft plot at the current rate of Rs 2,860 per sq.ft, the guideline value amounts to Rs 28,60,000. The stamp duty at 7% would be Rs 2,00,200, and the registration fee at 2% would be Rs 57,200, bringing the total to Rs 2,57,400. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Rajas Garden (Judicial Officers Colony)?

The Sub Registrar Office that covers Rajas Garden (Judicial Officers Colony) is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Noombal. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is considered to ensure that the transaction is in compliance with the local regulations. Buyers and sellers should be aware of the current guideline value to accurately calculate the costs involved in the transaction.

Frequently asked questions

What is the current guideline value of Rajas Garden?

The current guideline value of Rajas Garden (Judicial Officers Colony) is Rs 2,860 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 97 per sq.ft in 2003 to Rs 2,860 per sq.ft in 2024, marking an overall increase of +2848% over the years.

What is the land classification of Rajas Garden?

Rajas Garden (Judicial Officers Colony) is classified as Mixed Special Type - I according to the local land classification regulations.

Where can I find the registration office for Rajas Garden?

The registration office for Rajas Garden (Judicial Officers Colony) is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for properties in Rajas Garden?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For instance, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 2,00,200.