Guideline Value for PONNERI ATHISAYAM

Ponneri Athisayam guideline value

The current guideline value of Ponneri Athisayam is Rs 150 per sq.ft, effective from 1 July 2024. This property is located in Periyaveppthur village under the Ponneri SRO, classified as Residential Class I Type - I.

How the guideline value of Ponneri Athisayam has changed

The guideline value for Ponneri Athisayam has remained consistent over the years. The register shows no figures for the years 2002, 2003, 2007, and 2012. The revisions available are as follows: in 2017, the value was Rs 150 per sq.ft; in 2023, it remained at Rs 150 per sq.ft; and the 2024 revision also lists it at Rs 150 per sq.ft. Overall, there has been no change in the guideline value from 2017 to 2024.

From 2023 to 2024, the guideline value saw an increase of 0%, and similarly, there was a 0% change from 2017 to 2023. This indicates a stable valuation for Ponneri Athisayam over the years.

Guideline values in Periyaveppthur

In Periyaveppthur, there are 7 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 223 per sq.ft. The median value is Rs 150 per sq.ft, which is equal to the 2024 figure for Ponneri Athisayam.

• Padmavathi Ammal Nagar: Rs 100 per sq.ft (2024)
• Siddhar Ponnar Nagar: Rs 100 per sq.ft (2024)
• J J Smart City: Rs 223 per sq.ft (2024)
• Happy Home Garden: Rs 100 per sq.ft (2024)
• Sitthar Ponneri Nagar-II Alias Gomathi Amman Nagar: Rs 150 per sq.ft (2024)
• Sri Mariyamman Nagar: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Ponneri Athisayam

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. 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 precise calculations.

Which Sub Registrar Office covers Ponneri Athisayam?

The Ponneri Athisayam property falls under the Ponneri Sub Registrar Office located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information, you can find your SRO.

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

The guideline value plays a crucial role in property transactions in Periyaveppthur. It is used to determine the stamp duty and registration fees that must be paid during the purchase or sale of property.

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 fees. This ensures that the government receives the correct revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Ponneri Athisayam?

The current guideline value of Ponneri Athisayam is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained stable at Rs 150 per sq.ft from 2017 through 2024, with no figures available for the years 2002, 2003, 2007, and 2012.

What are the guideline values for other streets in Periyaveppthur?

In Periyaveppthur, other streets have varying guideline values ranging from Rs 100 to Rs 223 per sq.ft, with the median value being Rs 150 per sq.ft.

What is the stamp duty for property in Ponneri Athisayam?

The stamp duty for property in Ponneri Athisayam is calculated at 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ponneri Athisayam?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find more details through the provided link.