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Guideline Value

Corporate

Guideline Value for Ranga Nagar 4th Street

₹2420/sq.ft.

The guideline value for Ranga Nagar 4th 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 Street

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Ranga Nagar 4th Street guideline value

The current guideline value of Ranga Nagar 4th Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village and falls under the Pammal SRO. The land classification for this area is Residential Class I Type - I.

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

The guideline value for Ranga Nagar 4th Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,474 per sq.ft, which increased to Rs 2,200 per sq.ft in the 2023 revision. The latest revision in 2024 has raised the value further to Rs 2,420 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%, and overall, from 2017 to 2024, there has been a 64% rise. The register does not contain figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that have 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 equal to the guideline value of Ranga Nagar 4th Street.

Stamp duty and registration fee for property in Ranga Nagar 4th 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 at 7% would be Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total cost for these fees to Rs 2,17,800. 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 information.

Which Sub Registrar Office covers Ranga Nagar 4th Street?

The Sub Registrar Office that covers Ranga Nagar 4th Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an important reference for property transactions in Thiruneermalai. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value helps in assessing the fair price of the property and is used to calculate the associated fees. It is essential for both buyers and sellers to be aware of the current guideline value to understand the financial implications of their transactions.

Frequently asked questions

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

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

How much has the guideline value changed over the years?

The guideline value has increased from Rs 1,474 per sq.ft in 2017 to Rs 2,420 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the stamp duty rate for property in Ranga Nagar 4th Street?

The stamp duty rate for property transactions in Ranga Nagar 4th Street is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ranga Nagar 4th Street?

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

What other streets have the same guideline value in Thiruneermalai?

Other streets in Thiruneermalai with the same guideline value of Rs 2,420 per sq.ft include Ranga Nagar 4th Main Road, Ranga Nagar 5th Main Road, Ranga Nagar 4th Cross Street, Ranga Nagar 5th Street, Ranga Nagar 3rd Street, and Ranga Nagar 6th Main Road.