Guideline Value for Ranga Nagar Exten.,

₹2420/sq.ft.

The guideline value for Ranga Nagar Exten., 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 Exten.,

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Ranga Nagar Exten., guideline value

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

How the guideline value of Ranga Nagar Exten., has changed

The guideline value for Ranga Nagar Exten. has seen significant changes over the years. In 2003, the guideline value was Rs 238 per sq.ft. It increased to Rs 350 per sq.ft in 2007, marking a 47% rise. The 2017 revision saw a substantial jump to Rs 1,474 per sq.ft, representing a 321% increase from 2007. By 2023, the value further increased to Rs 2,200 per sq.ft, which is a 49% rise from 2017. 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.

There are no figures available for the years 2002 and 2012 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 the same as the guideline value for Ranga Nagar Exten.

Stamp duty and registration fee for property in Ranga Nagar Exten.,

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 fees 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ranga Nagar Exten.,?

The Pammal Sub Registrar Office covers Ranga Nagar Exten. The office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 plays a crucial role in property transactions in Thiruneermalai. It is used to determine the stamp duty and registration fees when buying or selling property. The fees are calculated based on this guideline value or the sale price, whichever is higher.

When registering property, buyers must ensure that they are aware of the current guideline value to avoid any discrepancies during the transaction. This value serves as a benchmark for the legal documentation and financial obligations involved in property transfers.

Frequently asked questions

What is the current guideline value of Ranga Nagar Exten.,?

The current guideline value of Ranga Nagar Exten., 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 increased from Rs 238 per sq.ft in 2003 to Rs 2,420 per sq.ft in 2024, marking an overall increase of 917% over the years.

What is the stamp duty rate for property in Ranga Nagar Exten.,?

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

Where can I find the Sub Registrar Office for Ranga Nagar Exten.,?

The Pammal Sub Registrar Office covers Ranga Nagar Exten. and is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

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 6th Street, Ranga Nagar 6th Main Road, Ranga Nagar Main Road, Ranga Nagar 5th Street, Ranga Nagar 5th Main Road, and Ranga Nagar 4th Street.