Guideline Value

Corporate

Guideline Value for RAMDASS NAGAR 3RD STREET

₹1980/sq.ft.

The guideline value for Ramdass Nagar 3rd Street in Iyyappanthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 1980 per sq.ft, effective 1 July 2024. It was Rs 1800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Iyyappanthangal

Village

Chennai South Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1980 /sq.ft.
From 1-4-2023 ₹1800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1206 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1800 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Ramdass Nagar 3rd Street

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Ramdass Nagar 3rd Street guideline value

The current guideline value of Ramdass Nagar 3rd Street is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Iyyappanthangal village, under the Chennai South Joint I SRO, and is classified as Residential Class III Type - I.

How the guideline value of Ramdass Nagar 3rd Street has changed

Looking at the revisions, the guideline value for Ramdass Nagar 3rd Street was Rs 1,800 per sq.ft in 2023, which increased by 10% to Rs 1,980 per sq.ft in 2024. Prior to that, in 2017, the value was Rs 1,206 per sq.ft, marking a significant increase of 49% over the six-year period up to 2023.

In 2012, the guideline value was set at Rs 1,800 per sq.ft, which represented a decrease of 33% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Iyyappanthangal

In Iyyappanthangal, there are 134 streets under the Chennai South Joint I SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 5,610 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, which means that Ramdass Nagar 3rd Street's 2024 figure is below that median.

Stamp duty and registration fee for property in Ramdass Nagar 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total cost together to Rs 1,78,200. 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 Ramdass Nagar 3rd Street?

The Sub Registrar Office that covers Ramdass Nagar 3rd Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Iyyappanthangal. It determines the minimum value at which the property can be registered, ensuring that the transaction is documented at a fair price.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these costs are based on the higher of the guideline value or the actual sale price, which can affect the total expenditure during a property transaction.

Frequently asked questions

What is the current guideline value of Ramdass Nagar 3rd Street?

The current guideline value of Ramdass Nagar 3rd Street is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2023 to Rs 1,980 per sq.ft in 2024, an increase of 10%. It was Rs 1,206 per sq.ft in 2017, showing a 49% increase by 2023.

What are the other streets in Iyyappanthangal with similar guideline values?

Other streets in Iyyappanthangal with a guideline value of Rs 1,980 per sq.ft in 2024 include Ramdass Nagar 1st Street, Ramdass Nagar 2nd Street, and Ramadass Nagar.

What is the registration fee for property in Ramdass Nagar 3rd Street?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 19,80,000, the registration fee would be Rs 39,600.

Where can I find the Sub Registrar Office for Ramdass Nagar 3rd Street?

The Sub Registrar Office for Ramdass Nagar 3rd Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.