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Guideline Value

Corporate

Guideline Value for Lakshmipuram/Ranganathasami 2nd Street

₹2860/sq.ft.

The guideline value for Lakshmipuram/ranganathasami 2nd Street in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2860 per sq.ft, effective 1 July 2024. It was Rs 2600 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thiruneermalai

Village

Pammal

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2860 /sq.ft.
From 1-4-2023 ₹2600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1742 /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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[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]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Lakshmipuram/ranganathasami 2nd Street

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Lakshmipuram/Ranganathasami 2nd Street guideline value

The current guideline value of Lakshmipuram/Ranganathasami 2nd Street is Rs 2,860 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village and falls under the Pammal SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Lakshmipuram/Ranganathasami 2nd Street has changed

The guideline value for Lakshmipuram/Ranganathasami 2nd Street has seen significant changes over the years. The 2017 revision recorded a value of Rs 1,742 per sq.ft, which increased to Rs 2,600 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 has set the value at Rs 2,860 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median guideline value for these streets is Rs 2,420 per sq.ft, placing the 2024 figure for Lakshmipuram/Ranganathasami 2nd Street above this median.

Stamp duty and registration fee for property in Lakshmipuram/Ranganathasami 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,860 per sq.ft, the total guideline value is Rs 28,60,000. The stamp duty at 7% would be Rs 2,00,200, and the registration fee at 2% would be Rs 57,200, bringing the total to Rs 2,57,400. It is important to 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 details.

Which Sub Registrar Office covers Lakshmipuram/Ranganathasami 2nd Street?

The Sub Registrar Office that covers Lakshmipuram/Ranganathasami 2nd Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Thiruneermalai. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is in accordance with the prevailing rates set by the government.

Frequently asked questions

What is the current guideline value for Lakshmipuram/Ranganathasami 2nd Street?

The current guideline value for Lakshmipuram/Ranganathasami 2nd Street is Rs 2,860 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 64%, from Rs 1,742 per sq.ft in 2017 to Rs 2,860 per sq.ft in 2024.

What is the land classification for Lakshmipuram/Ranganathasami 2nd Street?

The land classification for Lakshmipuram/Ranganathasami 2nd Street is Commercial Class I Type - I.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Lakshmipuram/Ranganathasami 2nd Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 28,60,000, the stamp duty would be Rs 2,00,200 at a rate of 7%.