Guideline Value for R.R.B. NAGAR

₹171/sq.ft.

The guideline value for R.r.b. Nagar in Vengal village (Arani_tiruvallur SRO, Chennai zone) is Rs 171 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vengal

Village

Arani_Tiruvallur

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹171 /sq.ft.
From 1-4-2023 ₹171 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹114 /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)

No.10, S.p Kovil Street, Arani,ponneri(tk),thiruvallur(dt) - 601 101
044-27927859
[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.r.b. Nagar

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R.R.B. Nagar guideline value

The current guideline value of R.R.B. Nagar, located in Vengal village under the Arani_Tiruvallur SRO, is Rs 171 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class IV Type - I.

How the guideline value of R.R.B. Nagar has changed

The guideline value for R.R.B. Nagar has seen several revisions over the years. The most recent revision in 2024 maintains the value at Rs 171 per sq.ft, which is the same as the 2023 revision. Prior to that, in 2017, the guideline value was Rs 114 per sq.ft, marking a 50% increase to the 2023 figure. 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 50%. The consistent value from 2023 to 2024 indicates stability in the guideline value for this street.

Guideline values in Vengal

In Vengal village, there are 9 streets under the Arani_Tiruvallur SRO that carry a guideline value for 2024, ranging from Rs 130 to Rs 281 per sq.ft. The median guideline value for these streets is Rs 171 per sq.ft, making R.R.B. Nagar's 2024 figure equal to this median.

Stamp duty and registration fee for property in R.R.B. Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 171 per sq.ft, the total guideline value would be Rs 1,71,000. The stamp duty at 7% would be Rs 11,970, and the registration fee at 2% would be Rs 3,420, totaling Rs 15,390. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers R.R.B. Nagar?

The Sub Registrar Office that covers R.R.B. Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri(tk), Thiruvallur(dt) - 601 101, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Vengal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both the buyer and seller understand the official valuation of the property. This value is used to calculate the applicable fees and taxes, which are essential for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value of R.R.B. Nagar?

The current guideline value of R.R.B. Nagar is Rs 171 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 114 per sq.ft in 2017 to Rs 171 per sq.ft in 2024, reflecting a 50% increase over this period. The value remained the same from 2023 to 2024.

What are the other streets in Vengal with their guideline values?

Other streets in Vengal under the Arani_Tiruvallur SRO have varying guideline values, ranging from Rs 130 to Rs 281 per sq.ft. R.R.B. Nagar's value of Rs 171 per sq.ft is equal to the median value of these streets.

What fees are applicable when registering property in R.R.B. Nagar?

When registering property in R.R.B. Nagar, the stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 15,390.

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

The Sub Registrar Office for R.R.B. Nagar is located at No.10, S.p Kovil Street, Arani, Ponneri(tk), Thiruvallur(dt) - 601 101. You can find more information by visiting the appropriate link.