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Guideline Value

Corporate

Guideline Value for Rajiv Nagar Devagi Ammal Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar Devagi Ammal 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 Devagi Ammal Street

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Rajiv Nagar Devagi Ammal Street guideline value

The current guideline value of Rajiv Nagar Devagi Ammal Street is Rs 2,090 per sq.ft, effective from 1 July 2024. This street is located in Noombal village under the Kunrathur SRO, and the land classification is Residential Special Type - I.

How the guideline value of Rajiv Nagar Devagi Ammal Street has changed

The guideline value for Rajiv Nagar Devagi Ammal Street has seen several revisions over the years. The 2017 revision recorded a guideline value of Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision. The most recent 2024 revision has set the value at Rs 2,090 per sq.ft, marking a significant increase of 49% from 2017 to 2023 and an overall increase of 64% from 2017 to 2024. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

From the 2023 to 2024 revision, the guideline value increased by 10%, bringing it to the current rate of Rs 2,090 per sq.ft. This value is aligned with the median guideline value for the 164 streets in Noombal under the Kunrathur SRO, which ranges from Rs 1,100 to Rs 6,500 per sq.ft.

Guideline values in Noombal

Noombal village has a range of guideline values for its streets, with the 2024 figures showing a median of Rs 2,090 per sq.ft. Rajiv Nagar Devagi Ammal Street's guideline value is equal to this median.

Stamp duty and registration fee for property in Rajiv Nagar Devagi Ammal 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, and the registration fee at 2% would be Rs 41,800, bringing the total to Rs 1,88,100. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rajiv Nagar Devagi Ammal Street?

The Sub Registrar Office that covers Rajiv Nagar Devagi Ammal 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 crucial factor in the registration process when buying or selling property in Noombal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded at a fair value as per the government regulations.

Frequently asked questions

What is the current guideline value of Rajiv Nagar Devagi Ammal Street?

The current guideline value of Rajiv Nagar Devagi Ammal Street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,273 per sq.ft in 2017 to Rs 1,900 per sq.ft in 2023, and now to Rs 2,090 per sq.ft in 2024. This reflects an overall increase of 64% from 2017 to 2024.

What is the land classification for Rajiv Nagar Devagi Ammal Street?

The land classification for Rajiv Nagar Devagi Ammal Street is Residential Special Type - I, which indicates its intended use for residential purposes.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering Rajiv Nagar Devagi Ammal Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 20,90,000 would incur a stamp duty of Rs 1,46,300 at 7%.