Guideline Value

Corporate

Guideline Value for R.M.P.NAGAR

₹1210/sq.ft.

The guideline value for R.m.p.nagar in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 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

Kunrathour-b

Village

Kunrathur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

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]

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R.M.P.Nagar guideline value

The current guideline value of R.M.P.Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024. This area is located in Kunrathour-B village under the Kunrathur SRO, classified as Residential Class I Type - I.

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

In the 2023 revision, the guideline value was Rs 1,100 per sq.ft. The latest 2024 revision shows an increase of 10%, bringing the guideline value to Rs 1,210 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

The changes between the revisions indicate a consistent adjustment in the guideline value. The increase from Rs 1,100 to Rs 1,210 reflects the ongoing updates in property valuation in the region.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO with a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value in this area is Rs 1,540 per sq.ft, making R.M.P.Nagar's 2024 figure below that median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, totaling Rs 1,08,900. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for precise calculations.

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

The Sub Registrar Office that covers R.M.P.Nagar is located at No.59, Road Street, Kundrathur, Chennai - 600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor in property transactions in Kunrathour-B, as it determines the minimum value at which properties can be registered. This value is used to calculate stamp duty and registration fees during the sale or purchase of properties.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps maintain transparency in the real estate market. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

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 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,100 per sq.ft in 2023 to Rs 1,210 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Kunrathour-B?

The median guideline value in Kunrathour-B is Rs 1,540 per sq.ft, which is higher than the current guideline value of R.M.P.Nagar.

What are the stamp duty rates for properties in R.M.P.Nagar?

The stamp duty for properties in R.M.P.Nagar is charged at 7% of the guideline value or sale price, whichever is higher. This is in addition to a registration fee of 2%.

Where can I find the Sub Registrar Office for R.M.P.Nagar?

The Sub Registrar Office for R.M.P.Nagar is located at No.59, Road Street, Kundrathur, Chennai - 600 069. You can find more details on the SRO through the provided link.