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Guideline Value

Corporate

Guideline Value for Rajiv Nagar 3rd Main Road Ist Cross street

₹2090/sq.ft.

The guideline value for Rajiv Nagar 3rd Main Road Ist Cross Street in Noombal village (Kunrathur SRO, Chennai zone) is Rs 2090 per sq.ft, effective 1 July 2024. It was Rs 1900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Noombal

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2090 /sq.ft.
From 1-4-2023 ₹1900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1273 /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 N/A
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 Rajiv Nagar 3rd Main Road Ist Cross Street

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Rajiv Nagar 3rd Main Road Ist Cross street guideline value

The current guideline value of Rajiv Nagar 3rd Main Road Ist Cross street is Rs 2,090 per sq.ft. This street is located in Noombal village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Rajiv Nagar 3rd Main Road Ist Cross street has changed

The guideline value for Rajiv Nagar 3rd Main Road Ist Cross street has undergone several revisions over the years. The 2017 revision recorded a value of Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 2,090 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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 value is Rs 2,090 per sq.ft, which is equal to the current guideline value of Rajiv Nagar 3rd Main Road Ist Cross street.

Stamp duty and registration fee for property in Rajiv Nagar 3rd Main Road Ist Cross street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,090 per sq.ft, the total guideline value would be Rs 20,90,000. The stamp duty at 7% would amount to Rs 1,46,300, while the registration fee at 2% would be Rs 41,800, bringing the total cost to Rs 1,88,100. It is important to note that the 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 more details.

Which Sub Registrar Office covers Rajiv Nagar 3rd Main Road Ist Cross street?

The Sub Registrar Office that covers Rajiv Nagar 3rd Main Road Ist Cross street 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 is a critical factor in the registration of property transactions in Noombal. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of Rajiv Nagar 3rd Main Road Ist Cross street?

The current guideline value of Rajiv Nagar 3rd Main Road Ist Cross street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,273 per sq.ft to Rs 2,090 per sq.ft in 2024, marking an overall increase of 64% across the revisions.

What is the land classification for Rajiv Nagar 3rd Main Road Ist Cross street?

The land classification for Rajiv Nagar 3rd Main Road Ist Cross street is Residential Special Type - I.

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

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For example, a 1,000 sq.ft plot would incur a total cost of Rs 1,88,100 in fees.

Which office handles property registrations for Rajiv Nagar 3rd Main Road Ist Cross street?

The Kunrathur Sub Registrar Office is responsible for handling property registrations for Rajiv Nagar 3rd Main Road Ist Cross street, located at No.59, Road Street, Kundrathur, Chennai -600 069.