Guideline Value

Corporate

Guideline Value for RAJA AVENUE

₹250/sq.ft.

The guideline value for Raja Avenue in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a -17% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Anupampattu_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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 Raja Avenue

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Raja Avenue guideline value

The current guideline value of Raja Avenue is Rs 250 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu_2 village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Raja Avenue has changed

The guideline value for Raja Avenue has undergone several revisions over the years. The 2017 revision set the guideline value at Rs 201 per sq.ft. In 2023, it increased to Rs 300 per sq.ft, marking a 49% rise from the 2017 figure. However, in the 2024 revision, the guideline value decreased to Rs 250 per sq.ft, reflecting a 17% drop from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 24%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 250 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 250 per sq.ft, which is equal to the 2024 figure for Raja Avenue.

Stamp duty and registration fee for property in Raja Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, resulting in a total of Rs 22,500. 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 Raja Avenue?

The Sub Registrar Office that covers Raja Avenue is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Anupampattu_2

The guideline value is a crucial factor in property transactions in Anupampattu_2. It is used to determine the stamp duty and registration fees payable when buying or selling property. This ensures that the government receives the appropriate revenue from property transactions.

When registering a property, the guideline value serves as a benchmark for the transaction value. Buyers and sellers must be aware of the guideline value to ensure compliance with registration requirements and to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value of Raja Avenue?

The current guideline value of Raja Avenue is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then decreased to Rs 250 per sq.ft in 2024. Overall, it has increased by 24% from 2017 to 2024.

What is the median guideline value in Anupampattu_2?

The median guideline value for streets in Anupampattu_2 is Rs 250 per sq.ft, which is the same as the guideline value for Raja Avenue in 2024.

What are the stamp duty and registration fees for property in Raja Avenue?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Raja Avenue located?

The Sub Registrar Office for Raja Avenue is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.