Guideline Value

Corporate

Guideline Value for LEELAVATHY NAGAR

₹100/sq.ft.

The guideline value for Leelavathy Nagar in Kalpakkam 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

Kalpakkam

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 Leelavathy Nagar

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Leelavathy Nagar guideline value

The current guideline value of Leelavathy Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Kalpakkam village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Leelavathy Nagar has changed

In the 2017 revision, the guideline value was set at Rs 67 per sq.ft. This figure increased to Rs 100 per sq.ft in the 2023 revision, marking a change of +49%. The same value of Rs 100 per sq.ft was maintained in the 2024 revision, resulting in no percentage change from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Leelavathy Nagar. Overall, from 2017 to 2024, the guideline value has increased by +49%.

Guideline values in Kalpakkam

In Kalpakkam, there are 21 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 100 per sq.ft, with the median also being Rs 100 per sq.ft. Leelavathy Nagar's 2024 figure is equal to this median.

Stamp duty and registration fee for property in Leelavathy Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. 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 Leelavathy Nagar?

The Sub Registrar Office that covers Leelavathy Nagar 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 Kalpakkam

The guideline value is an essential factor in the registration process when buying or selling property in Kalpakkam. It is used to calculate the stamp duty and registration fees, which are mandatory for property transactions.

When you register a property, the guideline value serves as a benchmark to ensure that the transaction is recorded at a value that reflects the local property market. This helps in maintaining transparency and accountability in property dealings.

Frequently asked questions

What is the current guideline value of Leelavathy Nagar?

The current guideline value of Leelavathy Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, resulting in an overall increase of +49% from 2017 to 2024.

What is the land classification for Leelavathy Nagar?

Leelavathy Nagar is classified as Residential Class II Type - I, which indicates its use for residential purposes.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the guideline value. For example, a 1,000 sq.ft plot at the current rate would incur a total of Rs 9,000 in fees.