Guideline Value

Corporate

Guideline Value for Ranga Nagar 5th Street

₹2420/sq.ft.

The guideline value for Ranga Nagar 5th 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 5th Street

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Ranga Nagar 5th Street guideline value

The current guideline value of Ranga Nagar 5th Street is Rs 2,420 per sq.ft, effective from 1 July 2024. This street is located in Thiruneermalai village, under the Pammal SRO, classified as Residential Class I Type - I.

How the guideline value of Ranga Nagar 5th Street has changed

The guideline value for Ranga Nagar 5th Street has undergone several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 1,474 per sq.ft. This increased to Rs 2,200 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 sees the guideline value at Rs 2,420 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

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 guideline value is Rs 2,420 per sq.ft, which matches the current value for Ranga Nagar 5th Street.

Stamp duty and registration fee for property in Ranga Nagar 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value would be 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. Please note that 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 Ranga Nagar 5th Street?

The Sub Registrar Office that covers Ranga Nagar 5th 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 information.

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

The guideline value plays a crucial role in property transactions in Thiruneermalai. It is used as a basis for calculating stamp duty and registration fees during the sale of property. Buyers and sellers must be aware of the current guideline value to ensure compliance with registration requirements.

When registering a property, the guideline value helps determine the minimum value at which the property can be sold. This ensures that the transaction is recorded accurately and that the appropriate taxes are paid to the government.

Frequently asked questions

What is the current guideline value of Ranga Nagar 5th Street?

The current guideline value of Ranga Nagar 5th Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, 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 stamp duty for properties on Ranga Nagar 5th Street?

The stamp duty for properties on Ranga Nagar 5th Street is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for Ranga Nagar 5th Street located?

The Sub Registrar Office for Ranga Nagar 5th Street is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

What are the other streets with 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 5th Main Road, Ranga Nagar 6th Main Road, Ranga Nagar 4th Street, Ranga Nagar 6th Street, Ranga Nagar 4th Main Road, and Ranga Nagar Exten.