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Guideline Value

Corporate

Guideline Value for Rajiv Nagar Main Road 3rd Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar Main Road 3rd 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 Main Road 3rd Cross Street

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Rajiv Nagar Main Road 3rd Cross Street guideline value

The current guideline value of Rajiv Nagar Main Road 3rd Cross Street is Rs 2,090 per sq.ft. This street is located in Noombal village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - I.

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

The guideline value for Rajiv Nagar Main Road 3rd Cross Street has undergone several revisions over the years. The earliest recorded revision was in 2017, with a guideline value of Rs 1,273 per sq.ft. This figure increased significantly to Rs 1,900 per sq.ft in the 2023 revision, marking a rise of 49%. The most recent revision, effective from 1 July 2024, sees 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 this street for the years 2002, 2003, 2007, and 2012.

Guideline values in Noombal

In Noombal, there are 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 for these streets is Rs 2,090 per sq.ft, which is equal to the current guideline value of Rajiv Nagar Main Road 3rd Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar Main Road 3rd 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, and the registration fee at 2% would be Rs 41,800. Together, the total cost would be 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.

For more details, you can use our stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Rajiv Nagar Main Road 3rd 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 an essential factor during the registration of property transactions in Noombal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is compared to the sale price, and the higher value is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

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

The current guideline value of Rajiv Nagar Main Road 3rd Cross 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 2,090 per sq.ft in 2024, which is a total increase of 64% over the seven years.

What is the land classification for this street?

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

Where can I find the registration office for this area?

The registration office for Rajiv Nagar Main Road 3rd Cross 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 Noombal?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. This ensures that the appropriate fees are collected during property transactions.