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Guideline Value

Corporate

Guideline Value for Rajiv Gandhi Nagar 6th Street

₹2400/sq.ft.

The guideline value for Rajiv Gandhi Nagar 6th Street in Oragadam village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2200 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 Rajiv Gandhi Nagar 6th Street

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Rajiv Gandhi Nagar 6th Street guideline value

The current guideline value of Rajiv Gandhi Nagar 6th Street is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village under the Ambattur SRO, and it falls under the Residential Special Type - I land classification.

How the guideline value of Rajiv Gandhi Nagar 6th Street has changed

Over the years, the guideline value of Rajiv Gandhi Nagar 6th Street has undergone several revisions. The register shows the following figures: in 2012, the value was Rs 2,200 per sq.ft, which decreased to Rs 1,474 per sq.ft in 2017. Following this, the value increased significantly to Rs 2,200 per sq.ft in 2023, and then further rose to Rs 2,400 per sq.ft in 2024. Notably, there are no figures available for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the guideline value increased by 49%. The overall change from 2012 to 2024 shows a modest increase of 9%.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Rajiv Gandhi Nagar 6th Street's 2024 figure of Rs 2,400 per sq.ft is above this median.

Stamp duty and registration fee for property in Rajiv Gandhi Nagar 6th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, resulting in a total of Rs 2,16,000. It is important to note that the 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 Rajiv Gandhi Nagar 6th Street?

The Sub Registrar Office that covers Rajiv Gandhi Nagar 6th Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Oragadam. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the transaction is documented at a standardized value.

When a property is registered, the guideline value is compared to the actual sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that all transactions are conducted transparently and in accordance with government regulations.

Frequently asked questions

What is the current guideline value of Rajiv Gandhi Nagar 6th Street?

The current guideline value of Rajiv Gandhi Nagar 6th Street is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent increase from Rs 2,200 per sq.ft in 2023 to Rs 2,400 per sq.ft in 2024. It decreased from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017 and then increased to Rs 2,200 per sq.ft in 2023.

What is the land classification for Rajiv Gandhi Nagar 6th Street?

Rajiv Gandhi Nagar 6th Street is classified as Residential Special Type - I, indicating its suitability for residential development.

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

For a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000. These fees are based on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Rajiv Gandhi Nagar 6th Street located?

The Sub Registrar Office for Rajiv Gandhi Nagar 6th Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.