Guideline Value for Sri Ragavendra Colony
₹850/sq.ft.
The guideline value for Sri Ragavendra Colony in Rajakilpakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 850 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 21% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Rajakilpakkam
Village
Selaiyur
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹850 /sq.ft. |
| From 1-4-2023 | ₹700 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹469 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹700 /sq.ft. |
| 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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]
Records for a plot on Sri Ragavendra Colony
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Selaiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
Need Complete Property Verification?
Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place
Sri Ragavendra Colony guideline value
The current guideline value of Sri Ragavendra Colony, located in Rajakilpakkam village under the Selaiyur SRO, is Rs 850 per sq.ft, effective from 1 July 2024. This residential area is classified as Residential Class IV Type - I.
How the guideline value of Sri Ragavendra Colony has changed
The guideline value for Sri Ragavendra Colony has seen several revisions over the years. In 2012, the guideline value was Rs 700 per sq.ft. This figure remained the same in the 2012 revision. However, in 2017, it decreased to Rs 469 per sq.ft, marking a decline of 33%. The 2023 revision saw a significant increase, raising the value to Rs 700 per sq.ft, followed by another increase to Rs 850 per sq.ft in 2024, reflecting a rise of 21% from the previous year.
Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 21%. The 2017 revision had a significant 49% increase to reach the 2023 figure. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.
Guideline values in Rajakilpakkam
In Rajakilpakkam, there are 384 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft, with a median value of Rs 2,150 per sq.ft. The guideline value of Sri Ragavendra Colony is below this median.
- Sri Raja Rajeswari Nagar: Rs 1,300 per sq.ft (2024)
- Sri Ranga Avenue: Rs 3,750 per sq.ft (2024)
- Sri Rishaba Avenue: Rs 1,900 per sq.ft (2024)
- Sri Venkateswara Nagar: Rs 2,700 per sq.ft (2024)
- Sri Yogeshwari Nagar I: Rs 1,300 per sq.ft (2024)
- Sri Yogeshwari Nagar II: Rs 1,300 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Ragavendra Colony
For a 1,000 sq.ft plot at the current guideline value of Rs 850 per sq.ft, the total guideline value amounts to Rs 8,50,000. The stamp duty charged at 7% would be Rs 59,500, and the registration fee at 2% would be Rs 17,000, totaling Rs 76,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For further calculations, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Sri Ragavendra Colony?
The Sub Registrar Office that covers Sri Ragavendra Colony is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, within the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Rajakilpakkam
The guideline value is a crucial factor in the registration process when buying or selling property in Rajakilpakkam. It is used to determine the stamp duty and registration fees, which are necessary for the legal transfer of property ownership.
When a property is registered, the guideline value serves as a benchmark to ensure that the transaction is recorded accurately. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of Sri Ragavendra Colony?
The current guideline value of Sri Ragavendra Colony is Rs 850 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 850 per sq.ft in 2024.
What are the stamp duty and registration fees for properties in this area?
For a property valued at Rs 8,50,000, the stamp duty would be Rs 59,500 and the registration fee would be Rs 17,000, totaling Rs 76,500.
Which office handles property registrations in Sri Ragavendra Colony?
The Selaiyur Sub Registrar Office handles property registrations in Sri Ragavendra Colony, located at No.36, Bharathmatha Salai, East Tambaram, Chennai.
What is the land classification of Sri Ragavendra Colony?
Sri Ragavendra Colony is classified as Residential Class IV Type - I, indicating its designation for residential use.
Ask the records, or walk the map.
LandLens One answers from Tamil Nadu land law itself, cited to the page, then acts on the registers. One Map lights them up on the parcel. Your history stays in one place across both.
YOU APPROVE ANY SPEND
A customer has just used our Building Plan Approval Services
1 hour ago
