Guideline Value

Corporate

Guideline Value for Sri Renga Co-Operative Nagar

₹770/sq.ft.

The guideline value for Sri Renga Co-operative Nagar in Pullilyon village (Redhills SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pullilyon

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹70 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Renga Co-operative Nagar

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 Renga Co-Operative Nagar guideline value

The current guideline value of Sri Renga Co-Operative Nagar is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Pullilyon village and falls under the Redhills SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Sri Renga Co-Operative Nagar has changed

The guideline value for Sri Renga Co-Operative Nagar has seen several revisions over the years. Starting from the 2003 revision, the guideline value was Rs 70 per sq.ft. It increased significantly to Rs 400 per sq.ft in 2007, followed by a rise to Rs 700 per sq.ft in 2012. However, there was a decrease to Rs 469 per sq.ft in 2017. The value then increased to Rs 700 per sq.ft in 2023, and the most recent revision in 2024 saw it rise to Rs 770 per sq.ft. The register has no figure for this street in 2002.

Between the revisions, there have been notable changes. From 2003 to 2007, the guideline value increased by 471%. The value then saw a 75% increase from 2007 to 2012, but it dropped by 33% from 2012 to 2017. The value surged by 49% from 2017 to 2023, and finally, there was a 10% increase from 2023 to 2024. Overall, from 2003 to 2024, the guideline value has increased by 1000%.

Guideline values in Pullilyon

In Pullilyon, there are 77 streets under the Redhills SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, placing Sri Renga Co-Operative Nagar's 2024 figure above this median.

Stamp duty and registration fee for property in Sri Renga Co-Operative Nagar

For a 1,000 sq.ft plot at the current rate of Rs 770 per sq.ft, the guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total to Rs 69,300. 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 Renga Co-Operative Nagar?

The Sub Registrar Office that covers Sri Renga Co-Operative Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Pullilyon. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Sri Renga Co-Operative Nagar?

The current guideline value of Sri Renga Co-Operative Nagar is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 70 per sq.ft in 2003 to Rs 770 per sq.ft in 2024, marking an overall increase of 1000% over the years.

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

Other streets in Pullilyon include Sri Renga Nagar and Sri Ranga Co-operative Society Nagar, both at Rs 770 per sq.ft, Sri Ragavendra Nagar at Rs 550 per sq.ft, and Sri Selva Vinayagar Nagar and Sri Thirumalai Nagar at Rs 440 per sq.ft.

What is the registration fee for property in Sri Renga Co-Operative Nagar?

The registration fee for property in Sri Renga Co-Operative Nagar is calculated based on the guideline value, which is Rs 770 per sq.ft. For a 1,000 sq.ft plot, the total registration fee would be Rs 15,400.

Where is the Sub Registrar Office for Sri Renga Co-Operative Nagar located?

The Sub Registrar Office for Sri Renga Co-Operative Nagar is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.