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Guideline Value

Corporate

Guideline Value for Rajeshwari Nagar 2nd Street

₹2800/sq.ft.

The guideline value for Rajeshwari Nagar 2nd 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 2nd Street

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Rajeshwari Nagar 2nd Street guideline value

The current guideline value of Rajeshwari Nagar 2nd Street is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Ullagaram village and falls under the Alandur SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Rajeshwari Nagar 2nd Street has changed

The guideline value for Rajeshwari Nagar 2nd Street has undergone several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 178 per sq.ft. It increased to Rs 200 per sq.ft in 2003, marking a 12% rise. In 2007, the value saw a significant jump to Rs 1,200 per sq.ft, reflecting a 500% increase. The 2012 revision recorded a value of Rs 2,500 per sq.ft, which was a 108% increase from the previous revision. However, this value decreased by 33% to Rs 1,675 per sq.ft in 2017.

In the subsequent revisions, the guideline value rose to Rs 2,500 per sq.ft in 2023, representing a 49% increase from 2017. The latest revision in 2024 set the value at Rs 2,800 per sq.ft, which is a 12% increase from the previous year. There are no figures available for the years not mentioned in the register for this street.

Guideline values in Ullagaram

In Ullagaram, there are 298 streets under the Alandur SRO, with guideline values ranging from Rs 1,700 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,800 per sq.ft, which aligns with the 2024 figure for Rajeshwari Nagar 2nd Street.

Stamp duty and registration fee for property in Rajeshwari Nagar 2nd Street

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

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rajeshwari Nagar 2nd Street?

The Sub Registrar Office that covers Rajeshwari Nagar 2nd 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 crucial factor in the property registration process in Ullagaram. When buying or selling property, the guideline value serves as a benchmark for determining the applicable stamp duty and registration fees. This ensures that the transaction is recorded accurately in the official register.

Frequently asked questions

What is the current guideline value of Rajeshwari Nagar 2nd Street?

The current guideline value of Rajeshwari Nagar 2nd 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 from Rs 178 per sq.ft in 2002 to Rs 2,800 per sq.ft in 2024, reflecting an overall increase of 1473% over the years.

What is the land classification for Rajeshwari Nagar 2nd Street?

The land classification for Rajeshwari Nagar 2nd Street is Residential Class II Type - I.

What are the stamp duty and registration fees for a property 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 is the Sub Registrar Office for Rajeshwari Nagar 2nd Street located?

The Sub Registrar Office for Rajeshwari Nagar 2nd Street is located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.