Guideline Value

Corporate

Guideline Value for Ponni Nagar

₹600/sq.ft. (2023)

The guideline value for Ponni Nagar in Arungal village (Gooduvancheri SRO, Chengalpattu zone) was last notified at Rs 600 per sq.ft (1 April 2023 revision); no 2024 rate has been published for this street. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Arungal

Village

Gooduvancheri

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 N/A
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ponni Nagar

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Ponni Nagar guideline value

The current guideline value of Ponni Nagar is Rs 600 per sq.ft. This area is located in Arungal village, under the Gooduvancheri SRO, and is classified as Residential Special Type - II.

How the guideline value of Ponni Nagar has changed

The guideline value for Ponni Nagar has seen several revisions over the years. In the 2012 revision, the value was Rs 600 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 402 per sq.ft. However, in the 2023 revision, the guideline value increased significantly to Rs 600 per sq.ft again.

From the 2017 to 2023 revision, there was an increase of 49%. The change from 2012 to 2017 represented a decrease of 33%. Overall, from 2012 to 2023, the guideline value remained the same at Rs 600 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Arungal

Currently, there are no specific village figures available for Arungal. Ponni Nagar is one of the streets under the Gooduvancheri SRO.

  • none given

Stamp duty and registration fee for property in Ponni Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 6,00,000. The stamp duty at 7% amounts to Rs 42,000, and the registration fee at 2% is Rs 12,000, totaling Rs 54,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Ponni Nagar?

The Sub Registrar Office that covers Ponni Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

When buying or selling property in Arungal, the guideline value is a crucial factor as it determines the amount of stamp duty and registration fees payable. The guideline value serves as a benchmark for property transactions and is used to assess the official valuation of the property for registration purposes.

It is essential for buyers and sellers to be aware of the guideline value, as it can affect the overall cost of the transaction. Proper understanding of these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Ponni Nagar?

The current guideline value of Ponni Nagar is Rs 600 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, and then back to Rs 600 per sq.ft in 2023.

What is the stamp duty for property in Ponni Nagar?

The stamp duty for property in Ponni Nagar is 7% of the guideline value or sale price, whichever is higher.

What is the registration fee for property in Ponni Nagar?

The registration fee for property in Ponni Nagar is 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Ponni Nagar?

The Sub Registrar Office for Ponni Nagar is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.