Guideline Value

Corporate

Guideline Value for RAMANA NAGAR

₹250/sq.ft.

The guideline value for Ramana Nagar in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. 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 ₹250 /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)

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]

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Ramana Nagar guideline value

The current guideline value of Ramana Nagar, located in Anupampattu_2 village under the Ponneri SRO, is Rs 250 per sq.ft. This value is effective from the 2024 revision, which classifies the land as Residential Class II Type - I.

How the guideline value of Ramana Nagar has changed

The guideline value for Ramana Nagar has remained consistent in the recent revisions. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 250 per sq.ft, which has not changed in the 2024 revision, reflecting a change of +0%.

Thus, the current guideline value of Rs 250 per sq.ft is the same as that recorded in the previous year, 2023. The consistent figures indicate stability in the valuation for this locality.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO that have a guideline value for 2024 ranging from Rs 250 to Rs 500 per sq.ft, with the median being Rs 250 per sq.ft. Ramana Nagar's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in Ramana Nagar

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value totals Rs 2,50,000. The stamp duty at 7% amounts to Rs 17,500, and the registration fee at 2% is Rs 5,000, bringing the total to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ramana Nagar?

The Sub Registrar Office that covers Ramana 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 plays a crucial role in the registration process of property transactions in Anupampattu_2. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transfer of ownership.

When buying or selling property, the guideline value ensures that both parties are aware of the minimum value recognized by the government, helping to maintain transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Ramana Nagar?

The current guideline value of Ramana Nagar is Rs 250 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Ramana Nagar has remained at Rs 250 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Ramana Nagar?

Ramana Nagar is classified as Residential Class II Type - I, which is relevant for determining the guideline value and applicable regulations.

Where is the Sub Registrar Office for Ramana Nagar located?

The Ponneri Sub Registrar Office, which covers Ramana Nagar, is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is the stamp duty calculated for properties in Ramana Nagar?

Stamp duty for properties in Ramana Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applied to the guideline value.