Guideline Value

Corporate

Guideline Value for M R GARDEN

₹250/sq.ft.

The guideline value for M R 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]
Records for a plot on M R Garden

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M R Garden guideline value

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

How the guideline value of M R Garden has changed

The guideline value for M R Garden has undergone several revisions over the years. The earliest recorded revision is from 2017, which set the value at Rs 201 per sq.ft. This figure increased to Rs 300 per sq.ft in 2023, marking a 49% rise. However, in the subsequent 2024 revision, the guideline value decreased to Rs 250 per sq.ft, reflecting a 17% drop from the previous year. Overall, from 2017 to 2024, there has been a 24% increase in the guideline value.

There are no figures available for the revisions in 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, with a median value of Rs 250 per sq.ft. M R Garden's 2024 figure is equal to this median.

Stamp duty and registration fee for property in M R Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total 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, making the total fees together Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further assistance, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers M R Garden?

The M R Garden area is covered by 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 Anupampattu_2

The guideline value is a crucial factor during property transactions in Anupampattu_2, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, ensuring that all transactions are in compliance with legal requirements.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. This value serves as a benchmark for property transactions in the area.

Frequently asked questions

What is the current guideline value of M R Garden?

The current guideline value of M R Garden is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value 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 in Anupampattu_2 with the same guideline value?

Other streets in Anupampattu_2 with the same guideline value of Rs 250 per sq.ft include Meenakshi Amman Nagr, Medthina City, Mahaveer Nagar, New Balaji Nagar Avenue, Mahalakshmi Nagar, and Prime Woods Nagar.

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 is stamp duty calculated in M R Garden?

Stamp duty in M R Garden is calculated based on the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot valued at Rs 2,50,000, the stamp duty would be Rs 17,500.