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Guideline Value

Corporate

Guideline Value for Rajiv Nagar3rd Main Road 4th Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar3rd Main Road 4th 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 4th Cross Street

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Rajiv Nagar3rd Main Road 4th Cross Street guideline value

The current guideline value for Rajiv Nagar3rd Main Road 4th 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 Nagar3rd Main Road 4th Cross Street has changed

Looking at the historical revisions, the guideline value for Rajiv Nagar3rd Main Road 4th Cross Street was Rs 1,273 per sq.ft in 2017. It increased to Rs 1,900 per sq.ft in 2023, marking a significant rise of 49% over the six years. The most recent revision in 2024 saw the value rise to Rs 2,090 per sq.ft, reflecting a 10% increase from the previous year.

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

Guideline values in Noombal

Noombal village has a total of 164 streets under the Kunrathur SRO, with the 2024 guideline values ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for these streets is Rs 2,090 per sq.ft, which is equal to the current value for Rajiv Nagar3rd Main Road 4th Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar3rd Main Road 4th 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 for stamp duty and registration 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 the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rajiv Nagar3rd Main Road 4th Cross Street?

The Sub Registrar Office that covers Rajiv Nagar3rd Main Road 4th 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 crucial factor during the registration process when buying or selling property in Noombal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the guideline value helps in calculating the applicable stamp duty and registration fees, which are essential for completing the sale legally. This ensures that both the buyer and seller are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value for Rajiv Nagar3rd Main Road 4th Cross Street?

The current guideline value for Rajiv Nagar3rd Main Road 4th Cross Street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value has increased by 64%, rising from Rs 1,273 per sq.ft to Rs 2,090 per sq.ft.

What are the other streets in Noombal with the same guideline value?

Other streets in Noombal with the same guideline value of Rs 2,090 per sq.ft include Rajiv Nagar3rd Main Road 3rd Cross Street, Rajiv Nagar3rd Main Road 5th Cross Street, Rajiv Nagar3rd Main Road 2nd Cross Street, Rajiv Nagar3rd Main Road 6th Cross Street, and Rajiv Nagar3rd Main Road 7th Cross Street.

What is the registration fee for properties in this area?

The registration fee for properties in Rajiv Nagar3rd Main Road 4th Cross Street is 2% of the guideline value. For example, for a property valued at Rs 20,90,000, the registration fee would be Rs 41,800.

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

The Sub Registrar Office covering Rajiv Nagar3rd Main Road 4th Cross Street is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information about your SRO online.