Guideline Value for SRI RAMAANCHANEYAR NAGAR

Sri Ramaanchaneyar Nagar guideline value

The current guideline value of Sri Ramaanchaneyar Nagar is Rs 134 per sq.ft, effective from 1 July 2024. This area is located in Perunagar village under the Uthiramerur SRO, classified as Mixed Type - II.

How the guideline value of Sri Ramaanchaneyar Nagar has changed

In the register, there are no figures for Sri Ramaanchaneyar Nagar for the years 2002, 2003, 2007, 2012, and 2017. The guideline value was Rs 134 per sq.ft for both the 2023 and 2024 revisions, indicating no change between these two years.

The 2024 revision maintains the same rate of Rs 134 per sq.ft as the 2023 revision, reflecting a change of +0%. This consistency suggests stability in the guideline value for this street over the past two years.

Guideline values in Perunagar

In Perunagar, there are 7 streets under the Uthiramerur SRO with a 2024 guideline value ranging from Rs 134 to Rs 600 per sq.ft. The median guideline value for these streets is Rs 201 per sq.ft, placing Sri Ramaanchaneyar Nagar below this median.

• Sri Panduranga Nagar: Rs 201 per sq.ft (2024)
• Sri Balaji Nagar Phase II: Rs 300 per sq.ft (2024)
• Sri Balaji Nagar: Rs 300 per sq.ft (2024)
• Rds Nagar: Rs 150 per sq.ft (2024)
• Mumoorthi Nagar: Rs 134 per sq.ft (2024)
• Blm World City: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Ramaanchaneyar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 134 per sq.ft, the total guideline value amounts to Rs 1,34,000. The stamp duty at 7% would be Rs 9,380, and the registration fee at 2% would be Rs 2,680, totaling Rs 12,060. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Ramaanchaneyar Nagar?

The Sub Registrar Office that covers Sri Ramaanchaneyar Nagar is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during property registration in Perunagar, as it determines the amount of stamp duty and registration fees payable. Buyers and sellers must consider the guideline value to ensure compliance with local regulations and to avoid any discrepancies during the transaction process.

When purchasing property, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This ensures that the transaction reflects a fair valuation in accordance with the established rates in the area.

Frequently asked questions

What is the current guideline value of Sri Ramaanchaneyar Nagar?

The current guideline value of Sri Ramaanchaneyar Nagar is Rs 134 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Sri Ramaanchaneyar Nagar from 2023 to 2024, as it has remained at Rs 134 per sq.ft. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017.

What are the other streets in Perunagar and their guideline values?

Other streets in Perunagar include Sri Panduranga Nagar at Rs 201 per sq.ft, Sri Balaji Nagar Phase II and Sri Balaji Nagar both at Rs 300 per sq.ft, Rds Nagar at Rs 150 per sq.ft, Mumoorthi Nagar at Rs 134 per sq.ft, and Blm World City at Rs 600 per sq.ft.

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

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at Rs 134 per sq.ft, the total fees would amount to Rs 12,060.

Where can I find the Sub Registrar Office for Sri Ramaanchaneyar Nagar?

The Sub Registrar Office for Sri Ramaanchaneyar Nagar is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.