Guideline Value

Corporate

Guideline Value for RANGAMMAL NAGAR

₹801/sq.ft.

The guideline value for Rangammal Nagar in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 801 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹801 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 Rangammal Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Rangammal Nagar guideline value

The current guideline value of Rangammal Nagar is Rs 801 per sq.ft, effective from 1 July 2024. This area is located in Paruthipattu village, under the Avadi SRO, and is classified as Residential Class I Type - II.

How the guideline value of Rangammal Nagar has changed

The guideline value for Rangammal Nagar has undergone several revisions over the years. In 2012, the value was set at Rs 600 per sq.ft, which increased to Rs 469 per sq.ft in 2017. This was a decrease of 22%. However, from 2017 to 2023, the value rose significantly to Rs 800 per sq.ft, marking a 71% increase. The most recent revision in 2024 has set the guideline value at Rs 801 per sq.ft, which reflects no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 34%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. The guideline value for Rangammal Nagar is below this median.

Stamp duty and registration fee for property in Rangammal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 801 per sq.ft, the total guideline value amounts to Rs 8,01,000. The stamp duty at 7% would be Rs 56,070, and the registration fee at 2% would be Rs 16,020, bringing the total fees to Rs 72,090. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Rangammal Nagar?

The Sub Registrar Office that covers Rangammal Nagar 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 more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is transparent and follows legal requirements.

When a property is sold, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, thus impacting the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Rangammal Nagar?

The current guideline value of Rangammal Nagar is Rs 801 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 800 per sq.ft in 2023, and finally to Rs 801 per sq.ft in 2024.

What is the land classification of Rangammal Nagar?

Rangammal Nagar is classified as Residential Class I Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Rangammal Nagar?

The Sub Registrar Office for Rangammal Nagar is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 801 per sq.ft, the total fees would amount to Rs 72,090.