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Guideline Value

Corporate

Guideline Value for BARMA NAGAR / ANNA NAGAR

₹700/sq.ft.

The guideline value for Barma Nagar / Anna Nagar in Ponneri village (Ponneri SRO, Chennai zone) is Rs 700 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 133% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ponneri

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹700 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 Barma Nagar / Anna Nagar

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Barma Nagar / Anna Nagar guideline value

The current guideline value of Barma Nagar / Anna Nagar is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Ponneri village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Barma Nagar / Anna Nagar has changed

In the 2023 revision, the guideline value for Barma Nagar / Anna Nagar was Rs 300 per sq.ft. The latest revision in 2024 has seen a significant increase to Rs 700 per sq.ft, marking a change of +133%. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

With the 2024 revision, the guideline value has reached the median value of Rs 700 per sq.ft among the 120 streets in Ponneri that carry a 2024 figure, which ranges from Rs 201 to Rs 1,200 per sq.ft.

Guideline values in Ponneri

Ponneri village has a variety of guideline values across its streets. The 2024 guideline value for Barma Nagar / Anna Nagar is Rs 700 per sq.ft, which aligns with the median value for the area. Below are other streets in Ponneri with their respective guideline values:

Stamp duty and registration fee for property in Barma Nagar / Anna Nagar

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. 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 Barma Nagar / Anna Nagar?

The Sub Registrar Office that covers Barma Nagar / Anna Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, in the Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Ponneri. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the registration reflects the true value of the property, protecting both the buyer and the seller in the transaction.

Frequently asked questions

What is the current guideline value of Barma Nagar / Anna Nagar?

The current guideline value of Barma Nagar / Anna Nagar is Rs 700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2023 to 2024?

The guideline value increased from Rs 300 per sq.ft in 2023 to Rs 700 per sq.ft in 2024, reflecting a change of +133%.

What is the land classification of Barma Nagar / Anna Nagar?

Barma Nagar / Anna Nagar is classified as Residential Class II Type - I.

Where can I find the Ponneri Sub Registrar Office?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is the stamp duty calculated for properties in Barma Nagar / Anna Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 at 7%.