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Guideline Value

Corporate

Guideline Value for Rajiv Nagar3rd Main Road 6th Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar3rd Main Road 6th 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 6th Cross Street

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Rajiv Nagar3rd Main Road 6th Cross Street guideline value

The current guideline value for Rajiv Nagar3rd Main Road 6th 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, classified as Residential Special Type - I.

How the guideline value of Rajiv Nagar3rd Main Road 6th Cross Street has changed

The guideline value for Rajiv Nagar3rd Main Road 6th Cross Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 2,090 per sq.ft, an increase of 10% from the 2023 revision of Rs 1,900 per sq.ft. Prior to that, in 2017, the value was Rs 1,273 per sq.ft, marking a significant increase of 49% to the 2023 figure. The overall change from 2017 to 2024 is an increase of 64%.

There are no figures available in the register for the years 2002, 2003, 2007, and 2012 for this street. Thus, the first recorded guideline value for this street is from 2017.

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 for these streets is Rs 2,090 per sq.ft, which is the same as the 2024 figure for Rajiv Nagar3rd Main Road 6th Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar3rd Main Road 6th 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, bringing the total fees to 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 the stamp duty and registration fee calculator for more accurate calculations based on your specific property details.

Which Sub Registrar Office covers Rajiv Nagar3rd Main Road 6th Cross Street?

The Sub Registrar Office that covers Rajiv Nagar3rd Main Road 6th Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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 minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the legal value of the property being transacted. This ensures transparency and adherence to the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value for Rajiv Nagar3rd Main Road 6th Cross Street?

The current guideline value for Rajiv Nagar3rd Main Road 6th 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 2017, 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%. The most recent increase from 2023 to 2024 was 10%.

What is the land classification for Rajiv Nagar3rd Main Road 6th Cross Street?

Rajiv Nagar3rd Main Road 6th Cross Street is classified as Residential Special Type - I.

Where can I find the registration office for properties in this area?

The registration office for properties in Rajiv Nagar3rd Main Road 6th 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 property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 20,90,000, the stamp duty would be calculated at 7% of this amount.