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Guideline Value

Corporate

Guideline Value for Rajiv Nagar3rd Main Road 7th Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar3rd Main Road 7th 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 7th Cross Street

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Rajiv Nagar3rd Main Road 7th Cross Street guideline value

The current guideline value of Rajiv Nagar3rd Main Road 7th 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 is classified as Residential Special Type - I.

How the guideline value of Rajiv Nagar3rd Main Road 7th Cross Street has changed

In the 2017 revision, the guideline value was set at Rs 1,273 per sq.ft. This figure saw a significant increase in the 2023 revision, rising to Rs 1,900 per sq.ft, which represents a 49% increase. The most recent revision in 2024 has further increased the guideline value to Rs 2,090 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

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 guideline value in this area is Rs 2,090 per sq.ft, which is equal to the current value of Rajiv Nagar3rd Main Road 7th Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar3rd Main Road 7th 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. Please 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 information.

Which Sub Registrar Office covers Rajiv Nagar3rd Main Road 7th Cross Street?

The Sub Registrar Office that covers Rajiv Nagar3rd Main Road 7th 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 details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Noombal. It serves as the basis for calculating the stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a property is registered, the guideline value is considered to determine the applicable fees. Buyers should be aware that the fees will be charged based on the higher value between the guideline value and the actual sale price.

Frequently asked questions

What is the current guideline value of Rajiv Nagar3rd Main Road 7th Cross Street?

The current guideline value of Rajiv Nagar3rd Main Road 7th Cross Street is Rs 2,090 per sq.ft, effective from 1 July 2024.

How 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, which is a total increase of 64% over the seven years.

What is the land classification for Rajiv Nagar3rd Main Road 7th Cross Street?

The land classification for Rajiv Nagar3rd Main Road 7th Cross Street is Residential Special Type - I.

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

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 20,90,000, the total fees would amount to Rs 1,88,100.

Which office handles the registration for properties in Rajiv Nagar3rd Main Road 7th Cross Street?

The Kunrathur Sub Registrar Office handles the registration for properties in Rajiv Nagar3rd Main Road 7th Cross Street, located at No.59, Road Street, Kundrathur, Chennai -600 069.