Guideline Value

Corporate

Guideline Value for KALAI GARDEN

₹250/sq.ft.

The guideline value for Kalai Garden 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]

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Kalai Garden guideline value

The current guideline value of Kalai Garden, located in Anupampattu_2 village under the Ponneri SRO, is Rs 250 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kalai Garden has changed

Looking back at the revisions, the guideline value for Kalai Garden was Rs 201 per sq.ft in 2017. It increased to Rs 300 per sq.ft in 2023, marking a significant rise of 49%. However, in the 2024 revision, the guideline value decreased to Rs 250 per sq.ft, reflecting a change of -17% from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 24%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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 guideline value is Rs 250 per sq.ft, which is equal to the current figure for Kalai Garden.

Stamp duty and registration fee for property in Kalai Garden

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 is charged at 7%, totaling Rs 17,500, while the registration fee is 2%, amounting to Rs 5,000. Together, the total fees would be Rs 22,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalai Garden?

The Sub Registrar Office covering Kalai Garden is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, Chennai registration zone. 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 plays a crucial role in the registration process when buying or selling property in Anupampattu_2. It serves as a basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a property is sold, the buyer and seller must consider the guideline value to determine the applicable fees. This value helps maintain transparency in property transactions and ensures that all parties are aware of the official worth of the property being exchanged.

Frequently asked questions

What is the current guideline value for Kalai Garden?

The current guideline value for Kalai Garden is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kalai Garden 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.

What are the other streets with the same guideline value in Anupampattu_2?

Other streets in Anupampattu_2 with the same guideline value of Rs 250 per sq.ft include Jaya Surya Nagar, Gresh Avenue, Golden City Nagar, Golden City Ext, Mahalakshmi Nagar, and Mahaveer Nagar.

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, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees when buying or selling property. It ensures that these fees are based on the official valuation of the property, providing transparency in transactions.