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Guideline Value

Corporate

Guideline Value for Sri Ramanujar Enclave

₹1601/sq.ft.

The guideline value for Sri Ramanujar Enclave in Soorapattu village (Ambattur SRO, Chennai zone) is Rs 1601 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Soorapattu

Village

Ambattur

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹1601 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /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)

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 Ramanujar Enclave

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Sri Ramanujar Enclave guideline value

The current guideline value of Sri Ramanujar Enclave, located in Soorapattu village under the Ambattur SRO, is Rs 1,601 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Type - I.

How the guideline value of Sri Ramanujar Enclave has changed

The guideline value for Sri Ramanujar Enclave has seen several revisions over the years. The earliest recorded revision was in 2017, where the guideline value was Rs 1,005 per sq.ft. This increased to Rs 1,500 per sq.ft in 2023, marking a significant rise of 49% over the six-year period. The most recent revision in 2024 set the value at Rs 1,601 per sq.ft, reflecting a 7% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 59%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Soorapattu

In Soorapattu village, there are 115 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,100 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for Sri Ramanujar Enclave is above this median.

Stamp duty and registration fee for property in Sri Ramanujar Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 1,601 per sq.ft, the total guideline value amounts to Rs 16,01,000. The stamp duty at 7% would be Rs 1,12,070, and the registration fee at 2% would be Rs 32,020. Together, the total cost for stamp duty and registration fee would be Rs 1,44,090. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Ramanujar Enclave?

The Sri Ramanujar Enclave is covered by 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 Soorapattu

The guideline value is an important factor when registering property transactions in Soorapattu. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory costs in the property buying process.

When selling property, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions as determined by the state. This value is crucial for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Sri Ramanujar Enclave?

The current guideline value of Sri Ramanujar Enclave is Rs 1,601 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 1,005 per sq.ft to Rs 1,601 per sq.ft in 2024, representing a total increase of 59% over this period.

What is the stamp duty rate for property in Sri Ramanujar Enclave?

The stamp duty rate for property transactions in Sri Ramanujar Enclave is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sri Ramanujar Enclave?

The Sub Registrar Office covering Sri Ramanujar Enclave is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What are the other streets in Soorapattu with their guideline values?

Other streets in Soorapattu include Star Enclave at Rs 3,300 per sq.ft, Sri Kamalam Nagar at Rs 1,400 per sq.ft, Soorapattu Main Road at Rs 1,900 per sq.ft, Somci Boy Nagar at Rs 1,300 per sq.ft, Tanker Street at Rs 1,200 per sq.ft, and Sivaprakasam Nagar at Rs 1,900 per sq.ft for the year 2024.