Guideline Value

Corporate

Guideline Value for SRI RAMAPURAM 2ND LANE

₹5000/sq.ft.

The guideline value for Sri Ramapuram 2nd Lane in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4600 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4600 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹824 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹750 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sri Ramapuram 2nd Lane

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sri Ramapuram 2nd Lane guideline value

The current guideline value of Sri Ramapuram 2nd Lane is Rs 5,000 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Class III Type - I.

How the guideline value of Sri Ramapuram 2nd Lane has changed

The guideline value for Sri Ramapuram 2nd Lane has undergone several revisions over the years. Starting from Rs 750 per sq.ft in 2002, it rose to Rs 824 per sq.ft in 2003, marking a 10% increase. The value further increased to Rs 1,200 per sq.ft in 2007, reflecting a 46% rise from the previous figure. In 2012, the guideline value remained at Rs 4,600 per sq.ft, and this figure was unchanged until 2023.

In 2023, the guideline value was recorded at Rs 4,600 per sq.ft, and it saw a significant increase of 9% to reach Rs 5,000 per sq.ft in 2024. Notably, the register has no figure for this street for the year 2017.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft as of 2024. The median value for these streets is Rs 5,800 per sq.ft, placing Sri Ramapuram 2nd Lane's 2024 figure below that median.

Stamp duty and registration fee for property in Sri Ramapuram 2nd Lane

For a 1,000 sq.ft plot at the current rate of Rs 5,000 per sq.ft, the guideline value would be Rs 50,00,000. The stamp duty at 7% would amount to Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, totaling Rs 4,50,000. 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 Sri Ramapuram 2nd Lane?

The Sub Registrar Office that covers Sri Ramapuram 2nd Lane is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process of property transactions in Puliyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When you register a property, the guideline value is used to calculate the applicable charges, ensuring that the registration is compliant with local regulations. Buyers and sellers should be aware of these values to avoid any discrepancies during the transaction process.

Frequently asked questions

What is the current guideline value of Sri Ramapuram 2nd Lane?

The current guideline value of Sri Ramapuram 2nd Lane is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2002 to Rs 5,000 per sq.ft in 2024, reflecting an overall increase of 567% over the years.

What is the registration office for Sri Ramapuram 2nd Lane?

The registration office for Sri Ramapuram 2nd Lane is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

How is the stamp duty calculated for properties in Sri Ramapuram 2nd Lane?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 50,00,000, the stamp duty would be Rs 3,50,000 at a rate of 7%.

What are the other guideline values in Puliyur?

In Puliyur, other streets have varying guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value is Rs 5,800 per sq.ft, with Sri Ramapuram 2nd Lane's value being below this median.