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Guideline Value

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Guideline Value for RAMAKRISHNA PRAMAHAMSAR ST (M.T.H.ROAD NORTHER SID

₹935/sq.ft.

The guideline value for Ramakrishna Pramahamsar St (m.t.h.road Norther Sid in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹935 /sq.ft.
From 1-4-2023 ₹850 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹569 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹850 /sq.ft.
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Ramakrishna Pramahamsar St (m.t.h.road Norther Sid

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Ramakrishna Pramahamsar St (M.T.H.Road Norther Sid guideline value

The current guideline value of Ramakrishna Pramahamsar St (M.T.H.Road Norther Sid) is Rs 935 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village and falls under the Avadi SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Ramakrishna Pramahamsar St (M.T.H.Road Norther Sid has changed

The guideline value for Ramakrishna Pramahamsar St has seen several revisions over the years. The earliest recorded revision available is from 2012, which listed the guideline value at Rs 850 per sq.ft. This was followed by a decrease to Rs 569 per sq.ft in 2017, marking a decline of 33%. However, the value rebounded significantly to Rs 850 per sq.ft in the 2023 revision, and then increased by 10% to Rs 935 per sq.ft in the 2024 revision.

In summary, the changes between the revisions show a 49% increase from 2017 to 2023 and a 10% increase from 2023 to 2024. Overall, comparing the 2012 figure to the current 2024 value, there has been a 10% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value for these streets is Rs 935 per sq.ft, which is equal to the current value of Ramakrishna Pramahamsar St.

Stamp duty and registration fee for property in Ramakrishna Pramahamsar St (M.T.H.Road Norther Sid

For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 9,35,000. The stamp duty at 7% would be Rs 65,450, and the registration fee at 2% would be Rs 18,700, making the total fees together Rs 84,150. It is important to note that the 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 Ramakrishna Pramahamsar St (M.T.H.Road Norther Sid?

The Sub Registrar Office that covers Ramakrishna Pramahamsar St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Vilingiyambakkam. It serves as a benchmark for calculating the stamp duty and registration fees that need to be paid when a property is bought or sold. The fees are based on the guideline value or the sale price, whichever is higher.

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

Frequently asked questions

What is the current guideline value of Ramakrishna Pramahamsar St?

The current guideline value of Ramakrishna Pramahamsar St is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 850 per sq.ft in 2012 to Rs 569 per sq.ft in 2017, then back to Rs 850 per sq.ft in 2023, and finally to Rs 935 per sq.ft in 2024.

What is the land classification for Ramakrishna Pramahamsar St?

The land classification for Ramakrishna Pramahamsar St is Residential Class II Type - II.

What are the stamp duty and registration fees for a property in this area?

For a property with a guideline value of Rs 9,35,000, the stamp duty would be Rs 65,450 and the registration fee would be Rs 18,700, totaling Rs 84,150.

Which office handles the registration for Ramakrishna Pramahamsar St?

The Avadi Sub Registrar Office handles the registration for Ramakrishna Pramahamsar St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.