Guideline Value for RENUGAAMBAL NAGAR

Renugaambal Nagar guideline value

The current guideline value of Renugaambal Nagar is Rs 4,000 per sq.ft, as per the 2023 revision. This area falls under Kelambakkam village and is managed by the Thiruporur SRO. The land classification for this locality is Mixed Type - II.

How the guideline value of Renugaambal Nagar has changed

Looking at the revisions, the register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for Renugaambal Nagar. The most recent revision in 2023 shows a guideline value of Rs 4,000 per sq.ft, which is the only figure available for this street.

Since there are no changes noted between the revisions, the guideline value has remained consistent at Rs 4,000 per sq.ft since the 2023 revision.

Guideline values in Kelambakkam

No specific village figures are provided for Kelambakkam. The guideline value for Renugaambal Nagar stands at Rs 4,000 per sq.ft. There are no other streets in Kelambakkam under the Thiruporur SRO that have been mentioned.

Stamp duty and registration fee for property in Renugaambal Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 40,00,000. The stamp duty at 7% amounts to Rs 2,80,000, and the registration fee at 2% totals Rs 80,000, bringing the total to Rs 3,60,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Renugaambal Nagar?

The Sub Registrar Office that covers Renugaambal Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Kelambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. This value is essential for both buyers and sellers to understand their financial obligations during the transaction process.

Frequently asked questions

What is the current guideline value of Renugaambal Nagar?

The current guideline value of Renugaambal Nagar is Rs 4,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for Renugaambal Nagar has remained at Rs 4,000 per sq.ft since the 2023 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Renugaambal Nagar?

Renugaambal Nagar is classified as Mixed Type - II. This classification indicates the type of land use permitted in the area.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles the registration of properties in Renugaambal Nagar.

How is stamp duty calculated for properties in Renugaambal Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot valued at Rs 40,00,000, the stamp duty at 7% would be Rs 2,80,000.