Guideline Value

Corporate

Guideline Value for Ramana Nagar Ext 3rd Cross Street

₹1900/sq.ft.

The guideline value for Ramana Nagar Ext 3rd Cross Street in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 1900 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1900 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
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)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ramana Nagar Ext 3rd Cross Street

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

Ramana Nagar Ext 3rd Cross Street guideline value

The current guideline value of Ramana Nagar Ext 3rd Cross Street is Rs 1,900 per sq.ft, effective from 1 July 2024. This street is located in Madambakkam village, under the Selaiyur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Ramana Nagar Ext 3rd Cross Street has changed

The guideline value for Ramana Nagar Ext 3rd Cross Street has seen several revisions over the years. The oldest available revision is from 2012, where the guideline value was Rs 1,800 per sq.ft. The latest revision in 2024 shows an increase to Rs 1,900 per sq.ft, marking a change of +6% from the 2012 figure.

There are no figures available for the revisions in 2023, 2017, 2007, 2003, and 2002 for this street. Thus, the only registered values are from 2012 and 2024.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, making the 2024 guideline value for Ramana Nagar Ext 3rd Cross Street below this median.

Stamp duty and registration fee for property in Ramana Nagar Ext 3rd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,900 per sq.ft, the guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total to Rs 1,71,000. Please note that 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 a more accurate estimate based on your specific property details.

Which Sub Registrar Office covers Ramana Nagar Ext 3rd Cross Street?

The Sub Registrar Office that covers Ramana Nagar Ext 3rd Cross Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Madambakkam. It serves as a benchmark for determining the minimum price at which a property can be sold or purchased, ensuring that the transactions are recorded at a fair value.

When you buy or sell property, the guideline value impacts the stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Ramana Nagar Ext 3rd Cross Street?

The current guideline value for Ramana Nagar Ext 3rd Cross Street is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for this street was Rs 1,800 per sq.ft in 2012 and has increased to Rs 1,900 per sq.ft in 2024, marking a +6% change.

Are there any revisions with no figures for this street?

Yes, the revisions for the years 2023, 2017, 2007, 2003, and 2002 have no figures available for Ramana Nagar Ext 3rd Cross Street.

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

Other streets in Madambakkam with the same guideline value of Rs 1,900 per sq.ft include Ramana Nagar Ext 1st, 2nd, 4th, 5th, and 6th Cross Streets, as well as Ramana Nagar Ext 6th Street, which has a value of Rs 1,600 per sq.ft.

What is the stamp duty for a property in Ramana Nagar Ext 3rd Cross Street?

The stamp duty for a property valued at Rs 19,00,000 would be Rs 1,33,000, while the registration fee would be Rs 38,000, totaling Rs 1,71,000.