Guideline Value

Corporate

Guideline Value for RAMANUJAM 3RD CROSS ST

₹1625/sq.ft.

The guideline value for Ramanujam 3rd Cross St in Vilingiyambakkam village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilingiyambakkam

Village

Avadi

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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 Ramanujam 3rd Cross St

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Ramanujam 3rd Cross St guideline value

The current guideline value of Ramanujam 3rd Cross St is Rs 1,625 per sq.ft, effective from 1 July 2024. This street is located in Vilingiyambakkam village, under the jurisdiction of the Avadi SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Ramanujam 3rd Cross St has changed

Starting from the 2012 revision, the guideline value for Ramanujam 3rd Cross St was Rs 1,500 per sq.ft. This figure was then revised to Rs 1,005 per sq.ft in 2017, marking a decrease of 33%. The subsequent revision in 2023 brought the value back up to Rs 1,500 per sq.ft, and finally, the 2024 revision set the current guideline value at Rs 1,625 per sq.ft, reflecting an increase of 8% from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 8%. It is important to note that there are no recorded 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 guideline value for 2024, ranging from Rs 800 to Rs 4,400 per sq.ft. The median guideline value in this village is Rs 935 per sq.ft, placing Ramanujam 3rd Cross St above this median.

Stamp duty and registration fee for property in Ramanujam 3rd Cross St

For a 1,000 sq.ft plot at the current rate of Rs 1,625 per sq.ft, the guideline value amounts to Rs 16,25,000. The stamp duty at 7% would be Rs 1,13,750, and the registration fee at 2% would be Rs 32,500, totaling Rs 1,46,250. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ramanujam 3rd Cross St?

The Sub Registrar Office that covers Ramanujam 3rd Cross 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 further assistance.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vilingiyambakkam. It serves as a basis for calculating the stamp duty and registration fees, which are mandatory for property transactions.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to determine the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Ramanujam 3rd Cross St?

The current guideline value of Ramanujam 3rd Cross St is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions: Rs 1,500 in 2012, Rs 1,005 in 2017, Rs 1,500 in 2023, and Rs 1,625 in 2024. The most recent change from 2023 to 2024 reflects an increase of 8%.

What is the median guideline value in Vilingiyambakkam?

The median guideline value in Vilingiyambakkam is Rs 935 per sq.ft. Ramanujam 3rd Cross St's guideline value is above this median.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 16,25,000, the stamp duty is Rs 1,13,750 and the registration fee is Rs 32,500, totaling Rs 1,46,250. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles the registration for Ramanujam 3rd Cross St?

The Avadi Sub Registrar Office handles the registration for Ramanujam 3rd Cross St. It is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.