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Guideline Value for Rajiv Nagar Main Road Ist Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar 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 Main Road Ist Cross Street

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Rajiv Nagar Main Road Ist Cross Street guideline value

The current guideline value for Rajiv Nagar Main Road Ist Cross Street is Rs 2,090 per sq.ft, effective from 1 July 2024. 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 Ist Cross Street has changed

In the 2017 revision, the guideline value was Rs 1,273 per sq.ft. This increased to Rs 1,900 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 2,090 per sq.ft, which is a 10% increase from the previous year.

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

Guideline values in Noombal

In Noombal, there are 164 streets under the Kunrathur SRO that have 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 the same as the guideline value for Rajiv Nagar Main Road Ist Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar 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 amounts to Rs 20,90,000. The stamp duty at 7% would be Rs 1,46,300, and the registration fee at 2% would be Rs 41,800, bringing the total cost for these fees to Rs 1,88,100. 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 Main Road Ist Cross Street?

The Rajiv Nagar Main Road Ist Cross Street is covered by 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 property transactions in Noombal. It is used to determine the stamp duty and registration fees payable when buying or selling property in the area.

When you register a property, the guideline value will be referenced to calculate the applicable fees, 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 for Rajiv Nagar Main Road Ist Cross Street?

The current guideline value for Rajiv Nagar Main Road Ist Cross Street is Rs 2,090 per sq.ft as per the 2024 revision effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, 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% over this period.

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

For a property valued at Rs 20,90,000, the stamp duty would be Rs 1,46,300 and the registration fee would be Rs 41,800, totaling Rs 1,88,100.

Which office handles property registrations for Rajiv Nagar Main Road Ist Cross Street?

The Kunrathur Sub Registrar Office handles property registrations for Rajiv Nagar Main Road Ist Cross Street, located at No.59, Road Street, Kundrathur, Chennai - 600 069.

How is the guideline value determined for properties in Noombal?

The guideline value for properties in Noombal is determined by the Registration Department's guideline value register, which assesses various factors and sets values for different streets within the area.