Guideline Value

Corporate

Guideline Value for Sri Ram Nagar Extention

₹2201/sq.ft.

The guideline value for Sri Ram Nagar Extention in Puthagaram village (Ambattur SRO, Chennai zone) is Rs 2201 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puthagaram

Village

Ambattur

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹2201 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Extention

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Sri Ram Nagar Extention guideline value

The current guideline value of Sri Ram Nagar Extention is Rs 2,201 per sq.ft, effective from 1 July 2024. This street is located in Puthagaram village under the Ambattur SRO, classified as Mixed Type - I.

How the guideline value of Sri Ram Nagar Extention has changed

Since the 2012 revision, the guideline value for Sri Ram Nagar Extention has seen several changes. In 2012, the value was Rs 2,000 per sq.ft, which decreased to Rs 1,340 per sq.ft in 2017. Following this, the value increased significantly to Rs 2,000 per sq.ft in 2023, and then to Rs 2,201 per sq.ft in 2024, marking a 10% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, comparing the 2012 figure to the 2024 figure, there has been a 10% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Puthagaram

Puthagaram village features 140 streets under the Ambattur SRO, with 2024 guideline values ranging from Rs 1,200 to Rs 3,800 per sq.ft. The median guideline value for these streets is Rs 1,900 per sq.ft, placing Sri Ram Nagar Extention above this median.

Stamp duty and registration fee for property in Sri Ram Nagar Extention

For a 1,000 sq.ft plot at the current guideline value of Rs 2,201 per sq.ft, the total guideline value would be Rs 22,01,000. The stamp duty at 7% would amount to Rs 1,54,070, and the registration fee at 2% would be Rs 44,020, bringing the total fees together to Rs 1,98,090. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Ram Nagar Extention?

The Sri Ram Nagar Extention falls under the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in property transactions in Puthagaram, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration requirements.

During the registration process, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions based on the established guideline values.

Frequently asked questions

What is the current guideline value of Sri Ram Nagar Extention?

The current guideline value of Sri Ram Nagar Extention is Rs 2,201 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2012?

Since 2012, the guideline value has increased by 10%, moving from Rs 2,000 per sq.ft in 2012 to Rs 2,201 per sq.ft in 2024.

What is the registration office for properties in Sri Ram Nagar Extention?

The registration office for properties in Sri Ram Nagar Extention is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai.

How is stamp duty calculated for properties in Sri Ram Nagar Extention?

Stamp duty for properties in Sri Ram Nagar Extention is calculated at 7% of the guideline value or the sale price, whichever is higher. The registration fee is an additional 2% of the guideline value.

What are the guideline values for other streets in Puthagaram?

The guideline values for other streets in Puthagaram range from Rs 1,200 to Rs 3,800 per sq.ft, with the median being Rs 1,900 per sq.ft. Sri Ram Nagar Extention is above this median with a value of Rs 2,201 per sq.ft.