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Guideline Value

Corporate

Guideline Value for Rajiv Nagar3rd Main Road 5th Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar3rd Main Road 5th 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 5th Cross Street

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Rajiv Nagar3rd Main Road 5th Cross Street guideline value

The current guideline value for Rajiv Nagar3rd Main Road 5th Cross Street is Rs 2,090 per sq.ft, effective from 1 July 2024. This property is located in Noombal village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Rajiv Nagar3rd Main Road 5th Cross Street has changed

Over the years, the guideline value for Rajiv Nagar3rd Main Road 5th Cross Street has seen significant changes. 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, marking a 49% increase. The most recent 2024 revision has set the 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 in the years 2002, 2003, 2007, and 2012.

Guideline values in Noombal

Noombal village has a total of 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 guideline value for Rajiv Nagar3rd Main Road 5th Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar3rd Main Road 5th 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 charges to Rs 1,88,100. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Rajiv Nagar3rd Main Road 5th Cross Street?

The Sub Registrar Office covering Rajiv Nagar3rd Main Road 5th Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For further assistance, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Noombal. It is used to determine the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

When a property is sold, the guideline value is compared with the sale price. The higher of the two amounts is used to calculate the applicable stamp duty and registration fees, ensuring that all transactions are appropriately taxed.

Frequently asked questions

What is the current guideline value for Rajiv Nagar3rd Main Road 5th Cross Street?

The current guideline value for Rajiv Nagar3rd Main Road 5th 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, reflecting a total increase of 64% over these years.

What are the stamp duty and registration fees for this street?

For a 1,000 sq.ft plot, 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 in this area?

The Kunrathur Sub Registrar Office handles property registrations for Rajiv Nagar3rd Main Road 5th Cross Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.

What is the land classification for this street?

Rajiv Nagar3rd Main Road 5th Cross Street is classified as Residential Special Type - I under the guideline value register.