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Guideline Value

Corporate

Guideline Value for Ranga Nagar 4th Cross Street

₹2420/sq.ft.

The guideline value for Ranga Nagar 4th Cross Street in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2420 per sq.ft, effective 1 July 2024. It was Rs 2200 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:

Chengalpattu

Zone

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2420 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[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 Ranga Nagar 4th Cross Street

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Ranga Nagar 4th Cross Street guideline value

The current guideline value of Ranga Nagar 4th Cross Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

How the guideline value of Ranga Nagar 4th Cross Street has changed

In the 2017 revision, the guideline value was Rs 1,474 per sq.ft. This figure saw a significant increase to Rs 2,200 per sq.ft in the 2023 revision, marking a change of 49%. The most recent revision in 2024 set the guideline value at Rs 2,420 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Ranga Nagar 4th Cross Street.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median value for these streets is Rs 2,420 per sq.ft, which is the same as the guideline value for Ranga Nagar 4th Cross Street.

Stamp duty and registration fee for property in Ranga Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value amounts to Rs 24,20,000. The stamp duty is calculated at 7%, which totals Rs 1,69,400, and the registration fee at 2% amounts to Rs 48,400. Together, the total cost for stamp duty and registration fee is Rs 2,17,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ranga Nagar 4th Cross Street?

The Ranga Nagar 4th Cross Street falls under the jurisdiction of the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Thiruneermalai. It serves as a benchmark for determining the minimum value at which a property can be registered and helps in calculating the applicable stamp duty and registration fees.

Frequently asked questions

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

The current guideline value of Ranga Nagar 4th Cross Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,474 per sq.ft to Rs 2,420 per sq.ft in 2024, marking an overall increase of 64%.

What is the registration office for Ranga Nagar 4th Cross Street?

The registration office for Ranga Nagar 4th Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the stamp duty rate for properties in this area?

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

Are there other streets with the same guideline value in Thiruneermalai?

Yes, several other streets in Thiruneermalai have the same guideline value of Rs 2,420 per sq.ft, including Ranga Nagar 3rd Street, Ranga Nagar 4th Main Road, and others.