Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension,

₹3850/sq.ft.

The guideline value for Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, in Madipakkam-1 village (Velacheri SRO, Chennai zone) is Rs 3850 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madipakkam-1

Village

Velacheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3850 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹2345 /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.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[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 Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension,

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, guideline value

The current guideline value for Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, is Rs 3,850 per sq.ft, effective from 1 July 2024. This area is part of Madipakkam-1 village and falls under the Velacheri SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, has changed

The guideline value for Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, has seen significant changes over the years. The 2017 revision recorded a guideline value of Rs 2,345 per sq.ft, which was then increased to Rs 3,850 per sq.ft in the 2024 revision, marking a rise of 64%.

There are no figures available for the years 2023, 2012, 2007, 2003, and 2002 in the register for this street. Therefore, the only revisions that show a figure are from 2017 and 2024.

Guideline values in Madipakkam-1

In Madipakkam-1, there are 1,823 streets under the Velacheri SRO with a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,750 per sq.ft, which means that Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, is above this median.

Stamp duty and registration fee for property in Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension,

For a 1,000 sq.ft plot at the current guideline value of Rs 3,850 per sq.ft, the total guideline value amounts to Rs 38,50,000. The stamp duty at 7% would be Rs 2,69,500, and the registration fee at 2% would be Rs 77,000, bringing the total cost to Rs 3,46,500. Please note that 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.

Which Sub Registrar Office covers Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension,?

The Sub Registrar Office covering Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Madipakkam-1

The guideline value is a critical factor in property transactions in Madipakkam-1, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the sale process.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension?

The current guideline value for Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, is Rs 3,850 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, which had a guideline value of Rs 2,345 per sq.ft, the value has increased by 64% to Rs 3,850 per sq.ft in the 2024 revision.

What are the other streets in Madipakkam-1 with their guideline values?

Other streets in Madipakkam-1 have varying guideline values. For instance, Sadasivam Nagar, Ram Nagar Laout South Main Road has a guideline value of Rs 2,750 per sq.ft, while Sadasivam Nagar, Rajagopalapuram Extension also has a value of Rs 3,850 per sq.ft.

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

The registration office for properties in Sadasivam Nagar, Ram Nagar North Extension, Rajagopalapuram Extension, is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

How is stamp duty calculated for properties in Sadasivam Nagar?

Stamp duty for properties in Sadasivam Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.