Guideline Value

Corporate

Guideline Value for Swamy Ramadhas Nagar

₹1540/sq.ft.

The guideline value for Swamy Ramadhas Nagar in Thiruverkadu village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruverkadu

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /sq.ft.
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 Swamy Ramadhas Nagar

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Swamy Ramadhas Nagar guideline value

The current guideline value of Swamy Ramadhas Nagar is Rs 1,540 per sq.ft, effective from 1 July 2024. This area is located in Thiruverkadu village, under the Kunrathur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Swamy Ramadhas Nagar has changed

The guideline value for Swamy Ramadhas Nagar has seen several revisions over the years. The earliest recorded value was Rs 250 per sq.ft in 2007. This figure increased significantly to Rs 1,400 per sq.ft in 2012, marking a remarkable rise of 460%. However, the value then decreased to Rs 938 per sq.ft in 2017, reflecting a drop of 33%. The most recent revisions show an increase to Rs 1,400 per sq.ft in 2023, followed by another rise to Rs 1,540 per sq.ft in 2024, which is a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 516%.

Guideline values in Thiruverkadu

In Thiruverkadu, there are 178 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,430 to Rs 3,520 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, which is equal to the current value of Swamy Ramadhas Nagar.

Stamp duty and registration fee for property in Swamy Ramadhas Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty, charged at 7%, would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, leading to a total of Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Swamy Ramadhas Nagar?

The Sub Registrar Office that covers Swamy Ramadhas Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, within the Chennai registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruverkadu. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated based on a standardized value.

Frequently asked questions

What is the current guideline value of Swamy Ramadhas Nagar?

The current guideline value of Swamy Ramadhas Nagar is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 250 per sq.ft in 2007 to Rs 1,540 per sq.ft in 2024, marking an overall increase of 516% over the years.

What are the other streets in Thiruverkadu with the same guideline value?

Other streets in Thiruverkadu with the same guideline value of Rs 1,540 per sq.ft include Surya Narayana Nagar, Thambusami Nagar II nd Street, Thambusami Nagar I st Street, Thambusamy Nagar 2nd Cross Street, Thambusamy Nagar 3rd Cross Street, and Thambusamy Nagar 4th Cross Street.

What is the stamp duty for property in Swamy Ramadhas Nagar?

The stamp duty for property in Swamy Ramadhas Nagar is 7% of the guideline value. For a property valued at Rs 15,40,000, the stamp duty would be Rs 1,07,800.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles registrations for properties in Swamy Ramadhas Nagar.