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Guideline Value

Corporate

Guideline Value for Ranganathapuram 6th Cross Street

₹2750/sq.ft.

The guideline value for Ranganathapuram 6th Cross Street in Kadaperi village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kadaperi

Village

Tambaram Joint 1

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /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)

No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 Ranganathapuram 6th Cross Street

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Ranganathapuram 6th Cross Street guideline value

The current guideline value of Ranganathapuram 6th Cross Street is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Kadaperi village under the Tambaram Joint 1 SRO, classified as Residential Special Type - I.

How the guideline value of Ranganathapuram 6th Cross Street has changed

Over the years, the guideline value for Ranganathapuram 6th Cross Street has seen significant changes. In the 2017 revision, the value was Rs 1,675 per sq.ft. This increased to Rs 2,500 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 brings the value to Rs 2,750 per sq.ft, which is a 10% increase from the previous year.

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

Guideline values in Kadaperi

In Kadaperi, there are 142 streets under the Tambaram Joint 1 SRO that have a 2024 guideline value ranging from Rs 880 to Rs 7,700 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, placing Ranganathapuram 6th Cross Street above this median.

Stamp duty and registration fee for property in Ranganathapuram 6th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, making the total cost for these fees Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Ranganathapuram 6th Cross Street?

The Sub Registrar Office that covers Ranganathapuram 6th Cross Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, mes Road, East Tambaram, Chennai-600059, 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 Kadaperi

The guideline value is a crucial factor during property registration in Kadaperi. It serves as a benchmark for calculating the stamp duty and registration fees that are payable when a property is bought or sold. Buyers and sellers must consider this value to ensure compliance with legal requirements during the transaction.

When a property is registered, the guideline value is used to determine the applicable fees, which can significantly impact the overall cost of the transaction. Therefore, understanding the guideline value is essential for anyone looking to engage in property transactions in the area.

Frequently asked questions

What is the current guideline value of Ranganathapuram 6th Cross Street?

The current guideline value of Ranganathapuram 6th Cross Street is Rs 2,750 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 1,675 per sq.ft to Rs 2,750 per sq.ft in 2024, marking a 64% overall increase. The most recent change was a 10% increase from Rs 2,500 per sq.ft in 2023.

What is the land classification for Ranganathapuram 6th Cross Street?

Ranganathapuram 6th Cross Street is classified as Residential Special Type - I, which indicates its intended use for residential purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 and the registration fee would be Rs 55,000, totaling Rs 2,47,500. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Ranganathapuram 6th Cross Street?

The Tambaram Joint 1 Sub Registrar Office handles property registrations for Ranganathapuram 6th Cross Street. It is located at No.26, mes Road, East Tambaram, Chennai-600059.