Guideline Value

Corporate

Guideline Value for Ramana Nagar Ext 4thCross Street

₹1900/sq.ft.

The guideline value for Ramana Nagar Ext 4thcross 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 4thcross Street

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Ramana Nagar Ext 4thCross Street guideline value

The current guideline value of Ramana Nagar Ext 4th 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 4thCross Street has changed

The guideline value for Ramana Nagar Ext 4th Cross Street has seen revisions over the years. The 2012 revision recorded a value of Rs 1,800 per sq.ft. The current 2024 revision shows an increase to Rs 1,900 per sq.ft, marking a change of +6% from the 2012 figure.

For the years 2023, 2017, 2007, 2003, and 2002, the register has no figure for this street. The only available figures are from the 2012 and 2024 revisions.

Guideline values in Madambakkam

In Madambakkam, there are 1151 streets under the Selaiyur SRO with 2024 guideline values ranging from Rs 1,100 to Rs 6,000 per sq.ft. The median guideline value in this area is Rs 2,400 per sq.ft, indicating that the 2024 figure for Ramana Nagar Ext 4th Cross Street is below the median.

Stamp duty and registration fee for property in Ramana Nagar Ext 4thCross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total 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, resulting in a total of Rs 1,71,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ramana Nagar Ext 4thCross Street?

The Sub Registrar Office that covers Ramana Nagar Ext 4th 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 plays a crucial role during the registration of property transactions in Madambakkam. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the registration process is transparent and standardized.

When buying or selling property, the guideline value is used to calculate the 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, thereby affecting the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Ramana Nagar Ext 4th Cross Street?

The current guideline value of Ramana Nagar Ext 4th 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 Ramana Nagar Ext 4th Cross Street has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,900 per sq.ft in 2024, marking a +6% increase. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002.

What is the median guideline value in Madambakkam?

The median guideline value in Madambakkam is Rs 2,400 per sq.ft. The guideline value for Ramana Nagar Ext 4th Cross Street is below this median.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at the guideline value, the total costs can amount to Rs 1,71,000.

Which office handles the registration for Ramana Nagar Ext 4th Cross Street?

The Selaiyur Sub Registrar Office handles the registration for Ramana Nagar Ext 4th Cross Street. It is located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.