Guideline Value

Corporate

Guideline Value for R. Mohanarangam Main road

₹5500/sq.ft.

The guideline value for R. Mohanarangam Main Road in Nanganallur village (Alandur SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 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:

Chennai

Zone

Nanganallur

Village

Alandur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹545 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹480 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[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 R. Mohanarangam Main Road

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

R. Mohanarangam Main road guideline value

The current guideline value of R. Mohanarangam Main road is Rs 5,500 per sq.ft, effective from 1 July 2024. This road is located in Nanganallur village and falls under the Alandur SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of R. Mohanarangam Main road has changed

The guideline value for R. Mohanarangam Main road has seen significant changes over the years. In 2002, the guideline value was Rs 480 per sq.ft, which increased to Rs 545 per sq.ft in 2003. Following this, the value rose sharply to Rs 1,750 per sq.ft in 2007, marking an increase of 221%. The value then saw a substantial increase to Rs 5,000 per sq.ft in 2012, which was a 186% rise from the previous revision. However, it dropped to Rs 3,350 per sq.ft in 2017, reflecting a decrease of 33%.

From 2017 to 2023, the guideline value increased significantly to Rs 5,000 per sq.ft, which was a 49% rise. The most recent revision in 2024 set the guideline value at Rs 5,500 per sq.ft, representing a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 1046%.

Guideline values in Nanganallur

Nanganallur has 155 streets under the Alandur SRO that carry a 2024 guideline value ranging from Rs 2,800 to Rs 6,600 per sq.ft, with a median value of Rs 3,900 per sq.ft. The guideline value for R. Mohanarangam Main road is above this median.

Stamp duty and registration fee for property in R. Mohanarangam Main road

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value would be Rs 55,00,000. The stamp duty at 7% would amount to Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, bringing the total to Rs 4,95,000. 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 precise calculations.

Which Sub Registrar Office covers R. Mohanarangam Main road?

The Sub Registrar Office that covers R. Mohanarangam Main road is the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Nanganallur. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. The fees are calculated based on the higher value between the guideline value and the sale price.

When buying or selling property, it is essential to be aware of the current guideline value, as it directly affects the overall cost of the transaction. Buyers should ensure that they are informed about the latest revisions to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of R. Mohanarangam Main road?

The current guideline value of R. Mohanarangam Main road is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 480 in 2002 to Rs 5,500 in 2024, reflecting an overall increase of 1046% over the years.

What are the stamp duty and registration fees for properties on this road?

For a property valued at Rs 55,00,000, the stamp duty would be Rs 3,85,000 and the registration fee would be Rs 1,10,000, totaling Rs 4,95,000.

Which office handles registrations for R. Mohanarangam Main road?

The Alandur Sub Registrar Office handles registrations for R. Mohanarangam Main road, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.

What is the land classification for R. Mohanarangam Main road?

The land classification for R. Mohanarangam Main road is Commercial Class I Type - I.