Guideline Value for PONNAGARAM MANNAI PIRIVU

Ponnagaram Mannai Pirivu guideline value

The current guideline value of Ponnagaram Mannai Pirivu is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in the village of Sirupinayoor, Thiruvanthavar, and falls under the Salavakkam SRO. The land classification is Residential Class I Type - I.

How the guideline value of Ponnagaram Mannai Pirivu has changed

The guideline value for Ponnagaram Mannai Pirivu has seen several revisions over the years. The 2012 revision set the value at Rs 100 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 100 per sq.ft. The 2017 revision had a lower figure of Rs 67 per sq.ft, reflecting a decrease of 33% from the 2012 figure. The register has no figures for the years 2002, 2003, and 2007.

From 2017 to 2023, the value increased by 49%. As of the 2024 revision, the guideline value remains at Rs 100 per sq.ft, showing no change from the previous year. Overall, comparing the 2012 and 2024 revisions, the guideline value has remained unchanged.

Guideline values in Sirupinayoor,Thiruvanthavar,Perungazhi

In Sirupinayoor, Thiruvanthavar, Perungazhi, there are 36 streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,000 per sq.ft, with a median value of Rs 150 per sq.ft. Ponnagaram Mannai Pirivu's guideline value is below this median.

• Ptc Nagar: Rs 250 per sq.ft (2024)
• Mtc Nagar Phase-2: Rs 250 per sq.ft (2024)
• Mtc Nagar: Rs 250 per sq.ft (2024)
• Mamandur New City: Rs 150 per sq.ft (2024)
• Sri Balaji Nagar: Rs 100 per sq.ft (2024)
• Sri Lakshminarasimmar Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Ponnagaram Mannai Pirivu

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value would be Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total Rs 9,000. Please 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 more details.

Which Sub Registrar Office covers Ponnagaram Mannai Pirivu?

The Sub Registrar Office that covers Ponnagaram Mannai Pirivu is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sirupinayoor,Thiruvanthavar,Perungazhi

The guideline value is a critical component in the registration process when buying or selling property in Sirupinayoor, Thiruvanthavar, Perungazhi. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property transaction.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value of Ponnagaram Mannai Pirivu?

The current guideline value of Ponnagaram Mannai Pirivu is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft from 2012 to 2024, with a decrease to Rs 67 per sq.ft in 2017. It increased by 49% from 2017 to 2023, but did not change in the subsequent year.

What are the other streets in Sirupinayoor,Thiruvanthavar,Perungazhi?

Other streets in Sirupinayoor, Thiruvanthavar, Perungazhi include Ptc Nagar, Mtc Nagar Phase-2, Mtc Nagar, Mamandur New City, Sri Balaji Nagar, and Sri Lakshminarasimmar Nagar, with varying guideline values.

How is stamp duty calculated in Ponnagaram Mannai Pirivu?

Stamp duty in Ponnagaram Mannai Pirivu is calculated based on the higher of the guideline value or the sale price. For example, for a plot valued at Rs 1,00,000, the stamp duty would be Rs 7,000.

Where can I find the Sub Registrar Office for Ponnagaram Mannai Pirivu?

The Sub Registrar Office for Ponnagaram Mannai Pirivu is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.