Guideline Value

Corporate

Guideline Value for R.M.P NAGAR

₹250/sq.ft.

The guideline value for R.m.p Nagar in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a -17% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Anupampattu_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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)

9/5,taluk Office Road, Ponneri, Chennai-601204
044-27974517
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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.m.p Nagar

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R.M.P Nagar guideline value

The current guideline value of R.M.P Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu_2 village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of R.M.P Nagar has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft. It increased by 49% to Rs 300 per sq.ft in the 2023 revision. However, in the 2024 revision, the guideline value decreased by 17% to Rs 250 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 24%. This fluctuation highlights the changes in the valuation over the years.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 500 per sq.ft, with a median value of Rs 250 per sq.ft. R.M.P Nagar's 2024 figure matches this median.

Stamp duty and registration fee for property in R.M.P Nagar

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers R.M.P Nagar?

The Sub Registrar Office that covers R.M.P Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Anupampattu_2

The guideline value is crucial during property transactions in Anupampattu_2, as it determines the minimum value at which a property can be registered. It serves as a basis for calculating stamp duty and registration fees, ensuring compliance with legal requirements.

When buying or selling property, the guideline value helps both parties understand the value of the property in the context of local regulations. It is important to note that the duty is charged based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of R.M.P Nagar?

The current guideline value of R.M.P Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then decreased to Rs 250 per sq.ft in 2024. Overall, it has increased by 24% from 2017 to 2024.

What are the other streets in Anupampattu_2 with the same guideline value?

Other streets in Anupampattu_2 with a guideline value of Rs 250 per sq.ft in 2024 include Ramana Nagar, Ramakrishna Nagar, Raja Avenue, Selliamman Nagar, Rail Nagar, and Semmozhi Nagar.

What are the stamp duty and registration fees for property in R.M.P Nagar?

The stamp duty for property in R.M.P Nagar is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost for these fees would be Rs 22,500.

Which office handles property registrations for R.M.P Nagar?

The Ponneri Sub Registrar Office handles property registrations for R.M.P Nagar. It is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.