Guideline Value for HAPPY HOME GARDEN

₹100/sq.ft.

The guideline value for Happy Home Garden in Periyaveppthur village (Ponneri SRO, Chennai zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Periyaveppthur

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /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 Happy Home Garden

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Happy Home Garden guideline value

The current guideline value for Happy Home Garden in Periyaveppthur village is Rs 100 per sq.ft, effective from 1 July 2024. This property falls under the Ponneri SRO and is classified as Residential Class II Type - I.

How the guideline value of Happy Home Garden has changed

The guideline value for Happy Home Garden has seen revisions over the years. The 2017 revision set the value at Rs 67 per sq.ft. In 2023, the value increased to Rs 100 per sq.ft, maintaining the same rate in the subsequent 2024 revision. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2017 to 2024, the increase remains at 49%, as the value did not change between 2023 and 2024.

Guideline values in Periyaveppthur

In Periyaveppthur, there are 7 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 223 per sq.ft, with a median value of Rs 150 per sq.ft. Happy Home Garden's 2024 guideline value is below this median.

Stamp duty and registration fee for property in Happy Home Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty is charged at 7%, resulting in Rs 7,000, while the registration fee is 2%, amounting to Rs 2,000. In total, the fees come to Rs 9,000. It is important to note that the 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 Happy Home Garden?

The Happy Home Garden property is covered by the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Periyaveppthur. It determines the amount of stamp duty and registration fees that must be paid when registering a property. Buyers and sellers should be aware that the guideline value can influence the overall costs associated with property transactions.

When buying or selling property, it is essential to consider the guideline value as it reflects the official value assigned to the property by the government. This value is used to calculate various fees and taxes, ensuring compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Happy Home Garden?

The current guideline value of Happy Home Garden is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2023 and remained the same in 2024. Overall, there has been a 49% increase from 2017 to 2024.

What are the other streets in Periyaveppthur with guideline values?

Other streets in Periyaveppthur include J J Smart City at Rs 223 per sq.ft, Padmavathi Ammal Nagar and Siddhar Ponnar Nagar both at Rs 100 per sq.ft, and Ponneri Athisayam, Sitthar Ponneri Nagar-II Alias Gomathi Amman Nagar, and Sri Mariyamman Nagar all at Rs 150 per sq.ft.

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. This office handles the registration of properties in the area.

How is stamp duty calculated for properties in Happy Home Garden?

Stamp duty for properties in Happy Home Garden is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 100 per sq.ft, the total guideline value is Rs 1,00,000, leading to a stamp duty of Rs 7,000.