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Guideline Value

Corporate

Guideline Value for Rajiv Nagar3rd Main Road 2nd Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar3rd Main Road 2nd 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 Nagar3rd Main Road 2nd Cross Street

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Rajiv Nagar3rd Main Road 2nd Cross Street guideline value

The current guideline value of Rajiv Nagar3rd Main Road 2nd Cross 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 it falls under the Residential Special Type - I land classification.

How the guideline value of Rajiv Nagar3rd Main Road 2nd Cross Street has changed

The guideline value for Rajiv Nagar3rd Main Road 2nd Cross Street has undergone several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 1,273 per sq.ft. This value increased significantly to Rs 1,900 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 saw the guideline value increase to 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%. The register does not provide 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 carry a 2024 guideline value, ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value in this area is Rs 2,090 per sq.ft, which is the same as the current figure for Rajiv Nagar3rd Main Road 2nd Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar3rd Main Road 2nd 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, making the total cost for these fees 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 our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Rajiv Nagar3rd Main Road 2nd Cross Street?

The Sub Registrar Office that covers Rajiv Nagar3rd Main Road 2nd Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when buying or selling property in Noombal, as it determines the minimum price at which a property can be registered. This value is used to calculate the applicable stamp duty and registration fees, which are essential for the legal transfer of property ownership.

When engaging in a property transaction, it is important to be aware that the guideline value may impact the overall costs involved in the registration process. Buyers should ensure that they are informed about the current guideline values to avoid any discrepancies during the registration.

Frequently asked questions

What is the current guideline value of Rajiv Nagar3rd Main Road 2nd Cross Street?

The current guideline value of Rajiv Nagar3rd Main Road 2nd Cross Street is Rs 2,090 per sq.ft, 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 a property in this area?

For a property valued at 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, totaling Rs 1,88,100.

Which office handles the registration for properties in Rajiv Nagar3rd Main Road 2nd Cross Street?

The Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, handles the registration for properties in this area.

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 outlines the values for various streets and is revised periodically.