Guideline Value for RAMAKRISHNA NAGAR EXT

₹402/sq.ft.

The guideline value for Ramakrishna Nagar Ext in P.v.kalathur A village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 402 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 1% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

P.v.kalathur A

Village

Chengleput Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹402 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27423054
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ramakrishna Nagar Ext

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Ramakrishna Nagar Ext guideline value

The current guideline value for Ramakrishna Nagar Ext is Rs 402 per sq.ft. This property is located in P.V.Kalathur A village under the Chengleput Joint I SRO, classified as Residential Class I Type - I.

How the guideline value of Ramakrishna Nagar Ext has changed

The guideline value for Ramakrishna Nagar Ext has seen several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft. This increased to Rs 400 per sq.ft in the 2023 revision, and the latest revision in 2024 has raised it to Rs 402 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value increased by 49%, and from 2017 to 2024, it has increased by 50%. The change from 2023 to 2024 is a modest rise of 1%.

Guideline values in P.V.Kalathur A

In P.V.Kalathur A, there are 21 streets under the Chengleput Joint I SRO with a 2024 guideline value ranging from Rs 250 to Rs 450 per sq.ft. The median value is Rs 402 per sq.ft, which is the same as the guideline value for Ramakrishna Nagar Ext.

Stamp duty and registration fee for property in Ramakrishna Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 402 per sq.ft, the total guideline value amounts to Rs 4,02,000. The stamp duty at 7% would be Rs 28,140, and the registration fee at 2% would be Rs 8,040, bringing the total cost for these fees to Rs 36,180. Please 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 Ramakrishna Nagar Ext?

The Sub Registrar Office that covers Ramakrishna Nagar Ext is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in P.V.Kalathur A

When buying or selling property in P.V.Kalathur A, the guideline value is an essential reference point. It is used to calculate the stamp duty and registration fees, which are mandatory during the registration process.

The guideline value helps ensure that the transaction is recorded at a fair value, reflecting the local real estate market conditions. It is important for both buyers and sellers to be aware of these values to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Ramakrishna Nagar Ext?

The current guideline value of Ramakrishna Nagar Ext is Rs 402 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 50%, going from Rs 268 per sq.ft in 2017 to Rs 402 per sq.ft in 2024.

What is the stamp duty rate for property in Ramakrishna Nagar Ext?

The stamp duty rate for property transactions in Ramakrishna Nagar Ext is 7% of the guideline value or the sale price, whichever is higher.

Where can I find more information about the Chengleput Joint I SRO?

You can find more information about the Chengleput Joint I SRO at their office located at 10, Kancheepuram Main Road, Chengalpattu 603 002. For online assistance, you can visit the find your SRO page.

What are the guideline values for other streets in P.V.Kalathur A?

Other streets in P.V.Kalathur A have varying guideline values, ranging from Rs 250 to Rs 450 per sq.ft. For example, Ramakrishna Nagar Part-II and Ramana Nagar have a guideline value of Rs 250 per sq.ft, while Priya Nagar is valued at Rs 400 per sq.ft.