Guideline Value

Corporate

Guideline Value for MEENAKSHI AMMAN NAGR

₹250/sq.ft.

The guideline value for Meenakshi Amman Nagr 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 Meenakshi Amman Nagr

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Meenakshi Amman Nagr guideline value

The current guideline value of Meenakshi Amman Nagr is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu_2 village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Meenakshi Amman Nagr has changed

The guideline value for Meenakshi Amman Nagr has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 201 per sq.ft. This increased significantly to Rs 300 per sq.ft in the 2023 revision, marking a 49% rise. However, the most recent revision in 2024 has seen a decrease to Rs 250 per sq.ft, which represents a 17% decline from the previous year. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the current 2024 revision, the guideline value has increased by 24%. The fluctuations in the guideline value reflect changes in the regulatory framework and property assessments conducted by the authorities.

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 value for these streets is Rs 250 per sq.ft, which is equal to the current guideline value for Meenakshi Amman Nagr.

Stamp duty and registration fee for property in Meenakshi Amman Nagr

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

Which Sub Registrar Office covers Meenakshi Amman Nagr?

The Sub Registrar Office that covers Meenakshi Amman Nagr 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 Anupampattu_2

The guideline value plays a crucial role during the registration of property transactions in Anupampattu_2. It is used to determine the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used for calculating 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 Meenakshi Amman Nagr?

The current guideline value of Meenakshi Amman Nagr 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. This represents a 49% increase from 2017 to 2023, followed by a 17% decrease in the subsequent year.

What is the land classification for Meenakshi Amman Nagr?

Meenakshi Amman Nagr is classified as Residential Class II Type - I. This classification is important for determining the types of properties and developments permitted in the area.

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. This office handles the registration of properties in the area.

How is stamp duty calculated for properties in Meenakshi Amman Nagr?

Stamp duty for properties in Meenakshi Amman Nagr is calculated based on the higher of the guideline value or the sale price of the property. The current rate for stamp duty is 7%, while the registration fee is 2% of the guideline value.