Guideline Value

Corporate

Guideline Value for NEW STAR CITY MINI OOTY

₹100/sq.ft.

The guideline value for New Star City Mini Ooty in Enjur 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

Enjur

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 ₹100 /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 New Star City Mini Ooty

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New Star City Mini Ooty guideline value

The current guideline value of New Star City Mini Ooty is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Enjur village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of New Star City Mini Ooty has changed

Over the years, the guideline value for New Star City Mini Ooty has seen several revisions. The earliest recorded revision was in 2012, where the guideline value was set at Rs 100 per sq.ft. This was followed by a decrease to Rs 67 per sq.ft in 2017. However, from 2017 to 2023, the value increased by 49%, bringing it back to Rs 100 per sq.ft in 2023. The current revision in 2024 maintains this value at Rs 100 per sq.ft, which reflects no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 100 per sq.ft.

Guideline values in Enjur

In Enjur village, five streets under the Ponneri SRO have a guideline value of Rs 100 per sq.ft for the year 2024. The guideline value for New Star City Mini Ooty aligns with the median value of Rs 100 per sq.ft for these streets.

Stamp duty and registration fee for property in New Star City Mini Ooty

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty is charged at 7%, totaling Rs 7,000, and the registration fee is 2%, amounting to Rs 2,000. Together, the total cost for stamp duty and registration fee is Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers New Star City Mini Ooty?

The Sub Registrar Office that covers New Star City Mini Ooty 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 Enjur

The guideline value plays a critical role in the registration process when buying or selling property in Enjur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property transfer. Buyers must ensure that they are aware of the current guideline value to calculate the total costs involved accurately.

When a property is registered, the guideline value is compared against the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of New Star City Mini Ooty?

The current guideline value of New Star City Mini Ooty is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, then increased to Rs 100 per sq.ft in 2023 and remains the same in 2024.

What is the registration office for New Star City Mini Ooty?

The registration office for New Star City Mini Ooty is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is the stamp duty calculated for property in New Star City Mini Ooty?

The stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher. For example, a plot valued at Rs 1,00,000 would incur a stamp duty of Rs 7,000.

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

Other streets in Enjur with a guideline value of Rs 100 per sq.ft include Muthu Perumal Nagar, Sri Pokkaliamman Nagar, Chief Commissioner Ranganathan Nagar Phase -I, and Chief Commissioner Ranganathan Nagar.