Guideline Value for RANGANATHAPURAM ROAD
₹9900/sq.ft.
The guideline value for Ranganathapuram Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 9900 per sq.ft, effective 1 July 2024. It was Rs 9000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Thiruvanmiyur
Village
Chennai South Joint I
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹9900 /sq.ft. |
| From 1-4-2023 | ₹9000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹6030 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹9000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹1300 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹926 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹837 /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 Ranganathapuram Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chennai South Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Ranganathapuram Road guideline value
The current guideline value of Ranganathapuram Road is Rs 9,900 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 Class I Type - I.
How the guideline value of Ranganathapuram Road has changed
The guideline value for Ranganathapuram Road has seen significant changes over the years. In 2002, the guideline value was Rs 837 per sq.ft, which increased to Rs 926 per sq.ft in 2003, marking an increase of 11%. The value then rose to Rs 1,300 per sq.ft in 2007, reflecting a 40% increase. Following this, there was a substantial jump to Rs 9,000 per sq.ft in 2012, which represented a remarkable 592% increase. However, the value fell to Rs 6,030 per sq.ft in 2017, a decrease of 33%. The value then increased to Rs 9,000 per sq.ft in 2023, before reaching the current rate of Rs 9,900 per sq.ft in 2024, which is a 10% increase.
Overall, from 2002 to 2024, the guideline value has increased by 1083%. The register has no figures for the revisions of the years not mentioned above.
Guideline values in Thiruvanmiyur
In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 3,520 to Rs 12,660 per sq.ft. The median value is Rs 9,900 per sq.ft, which is equal to the guideline value of Ranganathapuram Road.
- Rangachari Road: Rs 11,000 per sq.ft (2024)
- Rathakrishanan Nagar Main Road: Rs 12,660 per sq.ft (2024)
- Rathinam Nagar: Rs 9,900 per sq.ft (2024)
- Rathinam Nagar 10th West Street: Rs 9,900 per sq.ft (2024)
- Rathinam Nagar 11th West Street: Rs 9,900 per sq.ft (2024)
- Rathinam Nagar 12th West Street: Rs 9,900 per sq.ft (2024)
Stamp duty and registration fee for property in Ranganathapuram Road
For a 1,000 sq.ft plot at the current guideline value of Rs 9,900 per sq.ft, the total guideline value would be Rs 99,00,000. The stamp duty at 7% would amount to Rs 6,93,000, and the registration fee at 2% would be Rs 1,98,000, resulting in a total of Rs 8,91,000. 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 further assistance.
Which Sub Registrar Office covers Ranganathapuram Road?
The Sub Registrar Office that covers Ranganathapuram 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 information.
How the guideline value is used when you buy or sell in Thiruvanmiyur
The guideline value is a crucial factor in the registration process when buying or selling property in Thiruvanmiyur. It serves as a benchmark for determining the stamp duty and registration fees payable to the government. The guideline value ensures that the property is taxed fairly based on its assessed value.
When a buyer purchases property, the registration office uses the guideline value to calculate the applicable fees. This process helps maintain transparency in property transactions and ensures that the government receives the appropriate revenue from property sales.
Frequently asked questions
What is the current guideline value of Ranganathapuram Road?
The current guideline value of Ranganathapuram Road is Rs 9,900 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 837 per sq.ft in 2002 to Rs 9,900 per sq.ft in 2024, representing an overall increase of 1083%.
What is the land classification for Ranganathapuram Road?
The land classification for Ranganathapuram Road is Residential Class I Type - I.
Where can I find the Sub Registrar Office for Ranganathapuram Road?
The Sub Registrar Office for Ranganathapuram 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.
How is the stamp duty calculated for properties on Ranganathapuram Road?
The stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value results in a total stamp duty of Rs 6,93,000.
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