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Guideline Value

Corporate

Guideline Value for JV promoter's in PTC nagar

₹250/sq.ft.

The guideline value for Jv Promoter's In Ptc Nagar in Sirupinayoor,thiruvanthavar,perungazhi village (Salavakkam SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Sirupinayoor,thiruvanthavar,perungazhi

Village

Salavakkam

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹167 /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)

2/1a, Thottakkara Street, Salavakkam, 603 107
044-27275222
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Jv Promoter's In Ptc Nagar

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JV promoter's in PTC nagar guideline value

The current guideline value for JV promoter's in PTC nagar is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in the village of Sirupinayoor, Thiruvanthavar, under the Salavakkam SRO. The land classification for this property is Residential Special Type - II.

How the guideline value of JV promoter's in PTC nagar has changed

Looking at the revisions, the guideline value for JV promoter's in PTC nagar was Rs 167 per sq.ft in 2017. It remained unchanged at Rs 250 per sq.ft in the 2023 revision and continued at the same rate in the 2024 revision, resulting in a 50% increase from 2017 to 2023. The 2024 revision shows no change from the previous year, maintaining the guideline value at Rs 250 per sq.ft.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Therefore, the only available figures are from the 2017, 2023, and 2024 revisions, showing a consistent guideline value from 2023 to 2024 and a significant increase from 2017 to 2024.

Guideline values in Sirupinayoor,Thiruvanthavar,Perungazhi

In Sirupinayoor, Thiruvanthavar, Perungazhi, there are 36 streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,000 per sq.ft. The median value is Rs 150 per sq.ft, and the guideline value for JV promoter's in PTC nagar is above this median.

Stamp duty and registration fee for property in JV promoter's in PTC nagar

For a 1,000 sq.ft plot at the current rate of Rs 250 per sq.ft, the guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers JV promoter's in PTC nagar?

The Sub Registrar Office that covers JV promoter's in PTC nagar is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sirupinayoor,Thiruvanthavar,Perungazhi

The guideline value is an essential factor in determining the registration fees and stamp duty when buying or selling property in Sirupinayoor, Thiruvanthavar, Perungazhi. It serves as a benchmark for the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue from property transactions.

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 applicable duties and fees. This ensures that the registration process is fair and transparent, reflecting the true value of the property being transferred.

Frequently asked questions

What is the current guideline value of JV promoter's in PTC nagar?

The current guideline value of JV promoter's in PTC 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 remained at Rs 250 per sq.ft from 2023 to 2024, with a 50% increase from Rs 167 per sq.ft in 2017 to the current rate.

What is the land classification for JV promoter's in PTC nagar?

The land classification for JV promoter's in PTC nagar is Residential Special Type - II.

Where can I find the Sub Registrar Office for JV promoter's in PTC nagar?

The Sub Registrar Office covering JV promoter's in PTC nagar is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

How is the stamp duty calculated for property in JV promoter's in PTC nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 250 per sq.ft would incur a total stamp duty of Rs 17,500.