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Guideline Value

Corporate

Guideline Value for Rajiv Nagar3rd Main Road 8th Cross Street

₹2090/sq.ft.

The guideline value for Rajiv Nagar3rd Main Road 8th 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 8th Cross Street

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Rajiv Nagar3rd Main Road 8th Cross Street guideline value

The current guideline value for Rajiv Nagar3rd Main Road 8th 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 8th Cross Street has changed

The guideline value for Rajiv Nagar3rd Main Road 8th Cross Street has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,273 per sq.ft, which increased to Rs 1,900 per sq.ft in the 2023 revision. The most recent revision in 2024 shows a further increase to Rs 2,090 per sq.ft, marking a change of +10% from 2023 to 2024 and a substantial +49% increase from 2017 to 2023. Overall, the guideline value has risen by +64% from 2017 to 2024.

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, with 2024 guideline values ranging from Rs 1,100 to Rs 6,500 per sq.ft. The median guideline value for the village is Rs 2,090 per sq.ft, which is equal to the current value of Rajiv Nagar3rd Main Road 8th Cross Street.

Stamp duty and registration fee for property in Rajiv Nagar3rd Main Road 8th 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 to Rs 1,88,100. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rajiv Nagar3rd Main Road 8th Cross Street?

The Sub Registrar Office that covers Rajiv Nagar3rd Main Road 8th 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 plays a crucial role during the registration of property transactions in Noombal. It serves as a benchmark for determining the minimum value on which stamp duty and registration fees are calculated, ensuring that all transactions are recorded at a fair value.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall transaction costs. Buyers should ensure that the sale price meets or exceeds the guideline value to avoid any issues during registration.

Frequently asked questions

What is the current guideline value for Rajiv Nagar3rd Main Road 8th Cross Street?

The current guideline value for Rajiv Nagar3rd Main Road 8th 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 by 64% overall, with notable increases of 49% from 2017 to 2023 and 10% from 2023 to 2024.

What is the land classification for this street?

The land classification for Rajiv Nagar3rd Main Road 8th Cross Street is Residential Special Type - I.

Where can I find the registration office for this area?

The registration office for Rajiv Nagar3rd Main Road 8th Cross Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 20,90,000 would incur a stamp duty of Rs 1,46,300 at a rate of 7%.