Guideline Value

Corporate

Guideline Value for PACHAIYAMMAN KOVIL ROAD

₹550/sq.ft.

The guideline value for Pachaiyamman Kovil Road in Minjur village (Ponneri SRO, Chennai zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Minjur

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /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 Pachaiyamman Kovil Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Pachaiyamman Kovil Road guideline value

The current guideline value of Pachaiyamman Kovil Road is Rs 550 per sq.ft, effective from 1 July 2024. This road is located in Minjur village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Pachaiyamman Kovil Road has changed

The guideline value for Pachaiyamman Kovil Road has seen several revisions over the years. The 2017 revision set the value at Rs 335 per sq.ft, which increased to Rs 500 per sq.ft in 2023. The most recent revision in 2024 raised this figure to Rs 550 per sq.ft, marking a 10% increase from the previous year. Notably, the overall change from the 2017 to 2024 revisions is a significant 64% increase.

It is important to note that there are no registered figures for Pachaiyamman Kovil Road for the years 2002, 2003, 2007, and 2012. This lack of data means that the changes in guideline value during those years are not available for reference.

Guideline values in Minjur

In Minjur, there are 179 streets under the Ponneri SRO that have a 2024 guideline value, ranging from Rs 440 to Rs 1,320 per sq.ft. The median value for these streets is Rs 550 per sq.ft, which is equal to the guideline value of Pachaiyamman Kovil Road.

Stamp duty and registration fee for property in Pachaiyamman Kovil Road

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value would be Rs 5,50,000. The stamp duty at 7% would amount to Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total fees together to Rs 49,500. It is important to note that the 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 Pachaiyamman Kovil Road?

The Sub Registrar Office that covers Pachaiyamman Kovil Road is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for further assistance.

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

The guideline value is an essential factor in the registration of property transactions in Minjur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the correct amounts are paid based on the property’s value.

When buying or selling property, it is crucial to be aware of the current guideline value, as it affects the overall cost of the transaction. Buyers should ensure that they are informed about these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Pachaiyamman Kovil Road?

The current guideline value of Pachaiyamman Kovil Road is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, and then to Rs 550 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What are the other streets in Minjur with their guideline values?

Other streets in Minjur under the Ponneri SRO include Pachaiyamman Nagar and Pachaiyamman Nagar Main Road, both at Rs 880 per sq.ft, and Om Shakthi Nagar, North Street, Pappa Palayam, and New Padmavathy City, all at Rs 550 per sq.ft.

What are the fees involved in property registration?

The fees involved in property registration include stamp duty, which is typically 7% of the guideline value, and a registration fee of 2%. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Pachaiyamman Kovil Road located?

The Sub Registrar Office for Pachaiyamman Kovil Road is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles the registration of properties in the area.