Guideline Value

Corporate

Guideline Value for NITHYASRI NAGAR PROJECT I,II

₹200/sq.ft.

The guideline value for Nithyasri Nagar Project I,ii in Thirupalaivanam 1 village (Ponneri SRO, Chennai zone) is Rs 200 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

Thirupalaivanam 1

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /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 Nithyasri Nagar Project I,ii

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Nithyasri Nagar Project I,II guideline value

The current guideline value for Nithyasri Nagar Project I,II is Rs 200 per sq.ft, effective from 1 July 2024. This project is located in Thirupalaivanam 1 village under the Ponneri SRO, with a land classification of Residential Class II Type - I.

How the guideline value of Nithyasri Nagar Project I,II has changed

The guideline value for Nithyasri Nagar Project I,II has undergone several revisions over the years. The earliest recorded figure in the register is from 2017, which was Rs 67 per sq.ft. This figure increased significantly to Rs 200 per sq.ft in the 2023 revision. The 2024 revision also maintains this value at Rs 200 per sq.ft, indicating no change from the previous year.

In summary, from the 2017 revision to the 2023 revision, there was a notable increase of 199%. The overall change from 2017 to 2024 is also +199%, reflecting the same guideline value in the latest revision. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thirupalaivanam 1

In Thirupalaivanam 1, there are 9 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 134 to Rs 200 per sq.ft, with the median value being Rs 200 per sq.ft. The guideline value for Nithyasri Nagar Project I,II aligns with this median.

Stamp duty and registration fee for property in Nithyasri Nagar Project I,II

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,00,000. The stamp duty at 7% amounts to Rs 14,000, and the registration fee at 2% is Rs 4,000, totaling Rs 18,000. It is important to note that the 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 further assistance.

Which Sub Registrar Office covers Nithyasri Nagar Project I,II?

The Nithyasri Nagar Project I,II falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Thirupalaivanam 1

The guideline value is a crucial factor during the registration of property transactions in Thirupalaivanam 1. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property, ensuring that the transaction is recorded accurately in the official register.

When buyers and sellers engage in a property transaction, the guideline value helps in assessing the official value of the property. This ensures compliance with legal requirements and aids in the smooth processing of registration at the Ponneri SRO.

Frequently asked questions

What is the current guideline value for Nithyasri Nagar Project I,II?

The current guideline value for Nithyasri Nagar Project I,II is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 67 per sq.ft in 2017 to Rs 200 per sq.ft in both 2023 and 2024, reflecting a total increase of 199% from 2017 to 2024.

What are the other streets with similar guideline values in Thirupalaivanam 1?

Other streets in Thirupalaivanam 1, such as Mecca Garden, Makkah Garden, and Sai City Phase-I, also have a guideline value of Rs 200 per sq.ft in 2024.

What is the registration fee for property in Nithyasri Nagar Project I,II?

The registration fee for property in Nithyasri Nagar Project I,II is calculated based on the guideline value. For example, for a 1,000 sq.ft plot valued at Rs 2,00,000, the registration fee would be Rs 4,000 at 2%.

Where can I find the Sub Registrar Office for Nithyasri Nagar Project I,II?

The Sub Registrar Office covering Nithyasri Nagar Project I,II is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.