Guideline Value

Corporate

Guideline Value for ARUL OLI NAGAR

₹250/sq.ft.

The guideline value for Arul Oli Nagar in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a -17% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Anupampattu_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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)

9/5,taluk Office Road, Ponneri, Chennai-601204
044-27974517
[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 Arul Oli Nagar

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Arul Oli Nagar guideline value

The current guideline value of Arul Oli Nagar is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu_2 village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Arul Oli Nagar has changed

The guideline value for Arul Oli Nagar has undergone several revisions over the years. The 2017 revision set the value at Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in 2023. However, the most recent 2024 revision has decreased the guideline value to Rs 250 per sq.ft, marking a reduction of 17% from the previous year. The overall change from 2017 to 2024 is an increase of 24%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street. The significant jump from 2017 to 2023 was 49%, reflecting a notable change in the guideline value during that period.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 500 per sq.ft. The median value for these streets is Rs 250 per sq.ft, which is the same as the current guideline value for Arul Oli Nagar.

Stamp duty and registration fee for property in Arul Oli Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total to Rs 22,500. It is important to note that 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 Arul Oli Nagar?

The Sub Registrar Office covering Arul Oli Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Anupampattu_2

The guideline value is a crucial factor in the registration process when buying or selling property in Anupampattu_2. It determines the minimum value at which a property can be registered, influencing the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Arul Oli Nagar?

The current guideline value of Arul Oli Nagar is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then decreased to Rs 250 per sq.ft in 2024. The overall change from 2017 to 2024 is an increase of 24%.

What are the guideline values for other streets in Anupampattu_2?

Other streets in Anupampattu_2 also have a guideline value of Rs 250 per sq.ft for 2024, which is equal to the median value of Rs 250 per sq.ft for the area.

What fees are associated with property registration in Arul Oli Nagar?

When registering property in Arul Oli Nagar, buyers must pay a stamp duty of 7% on the guideline value and a registration fee of 2%. These fees are based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for Arul Oli Nagar?

The Sub Registrar Office for Arul Oli Nagar is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find more information through the provided link.