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

Guideline Value

Corporate

Guideline Value for Rajeshwari Nagar 1st Cross Street

₹2800/sq.ft.

The guideline value for Rajeshwari Nagar 1st Cross Street in Ullagaram village (Alandur SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ullagaram

Village

Alandur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹200 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹178 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[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 Rajeshwari Nagar 1st Cross Street

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

Rajeshwari Nagar 1st Cross Street guideline value

The current guideline value of Rajeshwari Nagar 1st Cross Street is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Ullagaram village, under the Alandur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Rajeshwari Nagar 1st Cross Street has changed

The guideline value for Rajeshwari Nagar 1st Cross Street has seen several revisions over the years. In 2002, the value was Rs 178 per sq.ft, which increased to Rs 200 per sq.ft in 2003. The next significant jump occurred in 2007, when the value rose to Rs 1,200 per sq.ft. Following this, the value was revised to Rs 2,500 per sq.ft in 2012, then decreased to Rs 1,675 per sq.ft in 2017. The most recent revisions were Rs 2,500 per sq.ft in 2023 and Rs 2,800 per sq.ft in 2024.

Examining the changes between revisions, the value increased by 12% from 2023 to 2024. From 2017 to 2023, there was a notable increase of 49%. However, the value decreased by 33% from 2012 to 2017. The value significantly increased by 108% from 2007 to 2012, and there was a remarkable 500% rise from 2003 to 2007. The increase from 2002 to 2003 was 12%. Overall, from 2002 to 2024, the guideline value has increased by 1,473%.

Guideline values in Ullagaram

Ullagaram has 298 streets under the Alandur SRO with a 2024 guideline value ranging from Rs 1,700 to Rs 5,500 per sq.ft. The median value is Rs 2,800 per sq.ft, which is the same as the guideline value for Rajeshwari Nagar 1st Cross Street.

Stamp duty and registration fee for property in Rajeshwari Nagar 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value would be Rs 28,00,000. The stamp duty at 7% would amount to Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total fees to Rs 2,52,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Rajeshwari Nagar 1st Cross Street?

The Sub Registrar Office that covers Rajeshwari Nagar 1st Cross Street is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for more information.

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

The guideline value is a critical factor when buying or selling property in Ullagaram. It serves as a reference point for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value for Rajeshwari Nagar 1st Cross Street?

The current guideline value for Rajeshwari Nagar 1st Cross Street is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 178 per sq.ft in 2002 to Rs 2,800 per sq.ft in 2024, reflecting an overall increase of 1,473% over this period.

What is the land classification for Rajeshwari Nagar 1st Cross Street?

Rajeshwari Nagar 1st Cross Street is classified as Residential Class II Type - I.

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

For a property valued at Rs 28,00,000, the stamp duty would be Rs 1,96,000 and the registration fee would be Rs 56,000, totaling Rs 2,52,000.

Where can I find the Sub Registrar Office for Rajeshwari Nagar 1st Cross Street?

The Sub Registrar Office for Rajeshwari Nagar 1st Cross Street is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.