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Guideline Value

Corporate

Guideline Value for Ponniamman nagar 3st Cross Street

₹1200/sq.ft.

The guideline value for Ponniamman Nagar 3st Cross Street in 44.ayanambakkam village (Konnur SRO, Chennai zone) is Rs 1200 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

44.ayanambakkam

Village

Konnur

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1200 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Ponniamman Nagar 3st Cross Street

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Ponniamman nagar 3st Cross Street guideline value

The current guideline value of Ponniamman nagar 3st Cross Street is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in 44.Ayanambakkam village under the Konnur SRO and is classified as Residential Class II Type - II.

How the guideline value of Ponniamman nagar 3st Cross Street has changed

The guideline value for Ponniamman nagar 3st Cross Street has undergone several revisions over the years. The oldest recorded revision is from 2017, where the guideline value was Rs 737 per sq.ft. This figure increased to Rs 1,100 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 1,200 per sq.ft, reflecting a 9% increase from the previous year.

There are no recorded figures for this street for the years 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 63%.

Guideline values in 44.Ayanambakkam

In the 44.Ayanambakkam village, there are 157 streets under the Konnur SRO that have a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft. The median guideline value for these streets is Rs 1,300 per sq.ft, placing Ponniamman nagar 3st Cross Street below this median value.

Stamp duty and registration fee for property in Ponniamman nagar 3st Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,200 per sq.ft, the guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, while the registration fee at 2% would be Rs 24,000. Together, the total cost for these fees would be Rs 1,08,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more specific calculations.

Which Sub Registrar Office covers Ponniamman nagar 3st Cross Street?

The Sub Registrar Office that covers Ponniamman nagar 3st Cross Street is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, in the Chennai registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is an essential factor in the registration process when buying or selling property in 44.Ayanambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the fees reflect the true value of the property being transferred.

Frequently asked questions

What is the current guideline value for Ponniamman nagar 3st Cross Street?

The current guideline value for Ponniamman nagar 3st Cross Street is Rs 1,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 737 per sq.ft to Rs 1,200 per sq.ft in 2024, marking a total increase of 63% over this period.

What is the land classification for Ponniamman nagar 3st Cross Street?

Ponniamman nagar 3st Cross Street is classified as Residential Class II Type - II.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000, and the registration fee would be Rs 24,000, totaling Rs 1,08,000.

Which office handles registrations for Ponniamman nagar 3st Cross Street?

The Konnur Sub Registrar Office is responsible for handling registrations for Ponniamman nagar 3st Cross Street, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.