Guideline Value

Corporate

Guideline Value for RANGACHARI ROAD

₹11000/sq.ft.

The guideline value for Rangachari Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 11000 per sq.ft, effective 1 July 2024. It was Rs 10000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹11000 /sq.ft.
From 1-4-2023 ₹10000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹6700 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹10000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1546 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1397 /sq.ft.
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 Rangachari Road

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Rangachari Road guideline value

The current guideline value of Rangachari Road is Rs 11,000 per sq.ft, effective from 1 July 2024. This road is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Rangachari Road has changed

The guideline value for Rangachari Road has seen significant changes over the years. In 2002, the value was Rs 1,397 per sq.ft, which increased to Rs 1,546 per sq.ft in 2003, marking an increase of 11%. Following this, the value rose to Rs 1,800 per sq.ft in 2007, reflecting a 16% increase. The 2012 revision saw a substantial jump to Rs 10,000 per sq.ft, resulting in a remarkable 456% increase. However, in 2017, the value dropped to Rs 6,700 per sq.ft, which was a decrease of 33%. In 2023, the value increased to Rs 10,000 per sq.ft, and the most recent revision in 2024 set the value at Rs 11,000 per sq.ft, showing a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 687%. There are no figures available for the revisions in years other than those specified.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO, with guideline values ranging from Rs 3,520 to Rs 12,660 per sq.ft. The median guideline value for these streets is Rs 9,900 per sq.ft, placing Rangachari Road's 2024 figure above this median.

Stamp duty and registration fee for property in Rangachari Road

For a 1,000 sq.ft plot at the current rate of Rs 11,000 per sq.ft, the guideline value amounts to Rs 1,10,00,000. The stamp duty at 7% would be Rs 7,70,000, and the registration fee at 2% would be Rs 2,20,000, totaling Rs 9,90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Rangachari Road?

The Sub Registrar Office that covers Rangachari Road 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 Thiruvanmiyur

The guideline value is a crucial factor in the registration process of property transactions in Thiruvanmiyur. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Rangachari Road?

The current guideline value of Rangachari Road is Rs 11,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,397 per sq.ft in 2002 to Rs 11,000 per sq.ft in 2024, showing an overall increase of 687% over the years.

What is the land classification for Rangachari Road?

The land classification for Rangachari Road is Residential Special Type - II, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for property in Rangachari Road?

For a property valued at Rs 1,10,00,000, the stamp duty is Rs 7,70,000 and the registration fee is Rs 2,20,000, totaling Rs 9,90,000.

Which Sub Registrar Office covers Rangachari Road?

The Chennai South Joint I Sub Registrar Office covers Rangachari Road, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.