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Guideline Value

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Guideline Value for KUPPU SWAMI REDDY KUDIYERURU ROAD

₹330/sq.ft.

The guideline value for Kuppu Swami Reddy Kudiyeruru Road in Ariyanvoyal village (Ponneri SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ariyanvoyal

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /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 ₹300 /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)

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 Kuppu Swami Reddy Kudiyeruru Road

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Kuppu Swami Reddy Kudiyeruru Road guideline value

The current guideline value of Kuppu Swami Reddy Kudiyeruru Road is Rs 330 per sq.ft, effective from 1 July 2024. This road is located in Ariyanvoyal village and falls under the Ponneri SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kuppu Swami Reddy Kudiyeruru Road has changed

The guideline value for Kuppu Swami Reddy Kudiyeruru Road has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 300 per sq.ft, and the most recent 2024 revision raised it further to Rs 330 per sq.ft, marking a 10% increase from the previous year.

From the 2012 revision to the 2017 revision, the guideline value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ariyanvoyal

Ariyanvoyal village has a total of 26 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 880 per sq.ft. The median value among these streets is Rs 330 per sq.ft, which is equal to the guideline value for Kuppu Swami Reddy Kudiyeruru Road.

Stamp duty and registration fee for property in Kuppu Swami Reddy Kudiyeruru Road

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total fees together to Rs 29,700. 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 Kuppu Swami Reddy Kudiyeruru Road?

The Sub Registrar Office covering Kuppu Swami Reddy Kudiyeruru Road is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Ariyanvoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the higher amount between the sale price and the guideline value is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kuppu Swami Reddy Kudiyeruru Road?

The current guideline value of Kuppu Swami Reddy Kudiyeruru Road is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 330 per sq.ft in 2024.

What is the land classification for Kuppu Swami Reddy Kudiyeruru Road?

The land classification for Kuppu Swami Reddy Kudiyeruru Road is Residential Class II Type - I.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 29,700.

Where can I find the Sub Registrar Office for Kuppu Swami Reddy Kudiyeruru Road?

The Sub Registrar Office for Kuppu Swami Reddy Kudiyeruru Road is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.