Guideline Value for Ramanjuar Nagar Part II

₹1000/sq.ft.

The guideline value for Ramanjuar Nagar Part Ii in Sriperumbudur A village (Sriperumpudur SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sriperumbudur A

Village

Sriperumpudur

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

27, Chetty Street, Sriperumpudur-602 105
044-27163925
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ramanjuar Nagar Part Ii

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Ramanjuar Nagar Part II guideline value

The current guideline value of Ramanjuar Nagar Part II is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Ramanjuar Nagar Part II has changed

The guideline value for Ramanjuar Nagar Part II has undergone several revisions over the years. The 2017 revision set the value at Rs 670 per sq.ft, which remained unchanged in the 2023 revision at Rs 1,000 per sq.ft. As of the 2024 revision, the guideline value is still Rs 1,000 per sq.ft, indicating no change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, there has been a significant increase of 49%. The guideline value remained constant from 2023 to 2024, reflecting a stable market condition during that period.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that have a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value of Ramanjuar Nagar Part II is above this median.

Stamp duty and registration fee for property in Ramanjuar Nagar Part II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, resulting in a total of Rs 90,000. Please note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ramanjuar Nagar Part II?

The Sub Registrar Office that covers Ramanjuar Nagar Part II is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Sriperumbudur A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the appropriate fees based on the property's value.

Frequently asked questions

What is the current guideline value of Ramanjuar Nagar Part II?

The current guideline value of Ramanjuar Nagar Part II is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in both 2023 and 2024, representing a 49% increase over the years.

What are the other streets in Sriperumbudur A with similar guideline values?

Other streets in Sriperumbudur A with a guideline value of Rs 1,000 per sq.ft include Ramanujar IIIrd Cross Street, Ramanujar IInd Cross Street, Ramanujar Ist Cross Street, and Ramanujar IV th Cross Street.

What is the stamp duty rate for properties in Ramanjuar Nagar Part II?

The stamp duty rate for properties in Ramanjuar Nagar Part II is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for Ramanjuar Nagar Part II?

The Sub Registrar Office for Ramanjuar Nagar Part II is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.