Guideline Value for RAMANUJAM NAGAR

Ramanujam Nagar guideline value

The current guideline value of Ramanujam Nagar is Rs 2,000 per sq.ft, as per the 2023 revision. This area falls under Ponmar village and is governed by the Gooduvancheri SRO. The land classification for this region is Mixed Type - I.

How the guideline value of Ramanujam Nagar has changed

In the 2017 revision, the guideline value was Rs 1,340 per sq.ft. This figure was updated to Rs 2,000 per sq.ft in the 2023 revision, marking an increase of 49%. The register has no figures for the years 2024, 2012, 2007, 2003, and 2002 for this street.

Thus, the only revisions with figures available for Ramanujam Nagar are from 2017 and 2023. The significant change from Rs 1,340 to Rs 2,000 indicates a notable adjustment in the guideline value over the six-year period.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. Ramanujam Nagar is the only street discussed in the context of guideline values under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Ramanujam Nagar

For a 1,000 sq.ft plot at the current rate of Rs 2,000 per sq.ft, the guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, totaling Rs 1,80,000. It is important to note that 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 information.

Which Sub Registrar Office covers Ramanujam Nagar?

The Sub Registrar Office that covers Ramanujam Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Ponmar. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is registered, the guideline value is compared to the sale price, and the higher value is used to calculate the applicable duties. This ensures that the registration fees reflect the true value of the property being transacted.

Frequently asked questions

What is the current guideline value of Ramanujam Nagar?

The current guideline value of Ramanujam Nagar is Rs 2,000 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

The guideline value increased from Rs 1,340 per sq.ft in 2017 to Rs 2,000 per sq.ft in 2023, which is a change of 49%.

Are there any guideline value figures for the years 2002, 2003, 2007, 2012, or 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Ramanujam Nagar.

What are the stamp duty and registration fees for a property in Ramanujam Nagar?

For a property valued at Rs 20,00,000, the stamp duty would be Rs 1,40,000, and the registration fee would be Rs 40,000, totaling Rs 1,80,000.

Where is the Sub Registrar Office for Ramanujam Nagar located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.