Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Sri Ram Nagar 6th Cross Street

₹3300/sq.ft.

The guideline value for Sri Ram Nagar 6th Cross Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹399 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹367 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Ram Nagar 6th Cross Street

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 Ram Nagar 6th Cross Street guideline value

The current guideline value of Sri Ram Nagar 6th Cross Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class II Type - II.

How the guideline value of Sri Ram Nagar 6th Cross Street has changed

The guideline value for Sri Ram Nagar 6th Cross Street has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 367 per sq.ft, which increased to Rs 399 per sq.ft in 2003, marking a 9% rise. The value then rose to Rs 500 per sq.ft in 2007, reflecting a 25% increase from the previous revision.

In 2012, the guideline value jumped significantly to Rs 3,000 per sq.ft, which was a 500% increase from the 2007 figure. The most recent revision in 2024 set the guideline value at Rs 3,300 per sq.ft, showing a 10% increase from the 2012 figure. Notably, the register has no figures for the years 2017 and 2023 for this street.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO with a 2024 guideline value ranging from Rs 2,750 to Rs 8,800 per sq.ft. The median value is Rs 3,850 per sq.ft, making the guideline value for Sri Ram Nagar 6th Cross Street below this median.

Stamp duty and registration fee for property in Sri Ram Nagar 6th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Ram Nagar 6th Cross Street?

The Sub Registrar Office that covers Sri Ram Nagar 6th Cross Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Valasaravakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is considered to ensure that the property is accurately valued for taxation purposes. This value helps to maintain transparency and standardization in property transactions within the area.

Frequently asked questions

What is the current guideline value of Sri Ram Nagar 6th Cross Street?

The current guideline value of Sri Ram Nagar 6th Cross Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 367 per sq.ft in 2002 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of 799% over the years.

What are the stamp duty and registration fees for this street?

For a 1,000 sq.ft plot, the total guideline value is Rs 33,00,000. The stamp duty at 7% is Rs 2,31,000, and the registration fee at 2% is Rs 66,000, totaling Rs 2,97,000.

Which office handles registrations for this area?

The Virugambakkam Sub Registrar Office handles registrations for Sri Ram Nagar 6th Cross Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

What is the land classification for Sri Ram Nagar 6th Cross Street?

The land classification for Sri Ram Nagar 6th Cross Street is Residential Class II Type - II, indicating its suitability for residential purposes.