Guideline Value

Corporate

Guideline Value for Ranga Nagar 4th Main Road

₹2420/sq.ft.

The guideline value for Ranga Nagar 4th Main Road 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 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹238 /sq.ft.
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 Main Road

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Ranga Nagar 4th Main Road guideline value

The current guideline value of Ranga Nagar 4th Main Road is Rs 2,420 per sq.ft, effective from 1 July 2024. This road is located in Thiruneermalai village under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Ranga Nagar 4th Main Road has changed

The guideline value for Ranga Nagar 4th Main Road has seen significant changes over the years. Starting from Rs 238 per sq.ft in 2003, it rose to Rs 350 per sq.ft in 2007, marking an increase of 47%. The value then surged to Rs 1,474 per sq.ft in 2017, reflecting a remarkable growth of 321%. Following this, the 2023 revision set the value at Rs 2,200 per sq.ft, a 49% increase from the previous revision. The latest revision in 2024 has brought the guideline value to Rs 2,420 per sq.ft, which is a 10% increase from 2023.

There are no figures available for the years 2002 and 2012 in the register for this street. Overall, from 2003 to 2024, the guideline value has increased by 917%.

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 is Rs 2,420 per sq.ft, which is equal to the guideline value of Ranga Nagar 4th Main Road.

Stamp duty and registration fee for property in Ranga Nagar 4th Main Road

For a 1,000 sq.ft plot at the current rate of Rs 2,420 per sq.ft, the guideline value amounts to Rs 24,20,000. The stamp duty at 7% would be Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total to 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. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ranga Nagar 4th Main Road?

The Sub Registrar Office that covers Ranga Nagar 4th Main Road is 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 in the registration process of property transactions in Thiruneermalai. It serves as a benchmark to determine the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the official valuation of the property. It is essential for buyers and sellers to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Ranga Nagar 4th Main Road?

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

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 238 per sq.ft in 2003 to Rs 2,420 per sq.ft in 2024, reflecting an overall increase of 917% over this period.

What are the other streets in Thiruneermalai with the same guideline value?

Other streets in Thiruneermalai with the same guideline value of Rs 2,420 per sq.ft include Ranga Nagar 4th Cross Street, Ranga Nagar 4th Street, Ranga Nagar 3rd Street, Ranga Nagar 5th Main Road, Ranga Nagar 3rd Main Road Extn., and Ranga Nagar 5th Street.

What is the registration fee for properties on Ranga Nagar 4th Main Road?

The registration fee for properties on Ranga Nagar 4th Main Road is calculated at 2% of the guideline value. For a property valued at Rs 24,20,000, the registration fee would be Rs 48,400.

Which office handles the registration for Ranga Nagar 4th Main Road?

The Pammal Sub Registrar Office handles the registration for Ranga Nagar 4th Main Road, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.