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Guideline Value

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Guideline Value for Ganamoorthi Nagar Extension & Streets & Lanes

₹2200/sq.ft.

The guideline value for Ganamoorthi Nagar Extension & Streets & Lanes in Pattravakkam village (Konnur SRO, Chennai zone) is Rs 2200 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 Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pattravakkam

Village

Konnur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[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 Ganamoorthi Nagar Extension & Streets & Lanes

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Ganamoorthi Nagar Extension & Streets & Lanes guideline value

The current guideline value for Ganamoorthi Nagar Extension & Streets & Lanes is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Pattravakkam village, under the Konnur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Ganamoorthi Nagar Extension & Streets & Lanes has changed

The guideline value for Ganamoorthi Nagar Extension & Streets & Lanes has undergone several revisions over the years. The earliest recorded figure is from 2012, which was Rs 2,000 per sq.ft. This was followed by a decrease to Rs 1,340 per sq.ft in 2017. The guideline value then increased to Rs 2,000 per sq.ft in 2023, and finally reached Rs 2,200 per sq.ft in the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, there was a significant increase of 49%, while the change from 2023 to 2024 reflects a 10% increase. Overall, comparing the 2012 figure to the 2024 revision, there has been a 10% increase in the guideline value.

Guideline values in Pattravakkam

In Pattravakkam, there are 34 streets under the Konnur SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 4,900 per sq.ft. The median guideline value for these streets is Rs 1,500 per sq.ft, positioning Ganamoorthi Nagar Extension & Streets & Lanes above this median.

Stamp duty and registration fee for property in Ganamoorthi Nagar Extension & Streets & Lanes

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Ganamoorthi Nagar Extension & Streets & Lanes?

The Sub Registrar Office that covers Ganamoorthi Nagar Extension & Streets & Lanes is the Konnur Sub Registrar Office. The office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Pattravakkam. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that all transactions are recorded at a standardized value.

Frequently asked questions

What is the current guideline value for Ganamoorthi Nagar Extension & Streets & Lanes?

The current guideline value for Ganamoorthi Nagar Extension & Streets & Lanes is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, then back to Rs 2,000 per sq.ft in 2023, and finally to Rs 2,200 per sq.ft in 2024. There are no figures available for the years 2002, 2003, and 2007 for this street.

What is the land classification for Ganamoorthi Nagar Extension & Streets & Lanes?

Ganamoorthi Nagar Extension & Streets & Lanes is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

What is the stamp duty rate for property transactions in Ganamoorthi Nagar Extension & Streets & Lanes?

The stamp duty rate for property transactions in Ganamoorthi Nagar Extension & Streets & Lanes is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Konnur Sub Registrar Office?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can also find your SRO online for more information.