Guideline Value

Corporate

Guideline Value for S.P.N NAGAR

₹330/sq.ft.

The guideline value for S.p.n Nagar in Athipattu village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Athipattu

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[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 S.p.n Nagar

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S.P.N Nagar guideline value

The current guideline value of S.P.N Nagar, located in Athipattu village under the Thiruvottiyur SRO, is Rs 330 per sq.ft. This value falls under the Residential Class I Type - I land classification. The guideline value is effective from 1 July 2024.

How the guideline value of S.P.N Nagar has changed

The guideline value for S.P.N Nagar has undergone several revisions since 2017. The 2017 revision set the value at Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 brought the value to Rs 330 per sq.ft, reflecting a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%.

Guideline values in Athipattu

Athipattu village has a total of 108 streets under the Thiruvottiyur SRO, with the 2024 guideline values ranging from Rs 220 to Rs 462 per sq.ft. The median value for these streets is Rs 330 per sq.ft, which is the same as the guideline value for S.P.N Nagar.

Stamp duty and registration fee for property in S.P.N Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total fees to Rs 29,700. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers S.P.N Nagar?

The Sub Registrar Office that covers S.P.N Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Athipattu. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of S.P.N Nagar?

The current guideline value of S.P.N Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then to Rs 330 per sq.ft in 2024. This represents a total increase of 64% from 2017 to 2024.

What is the registration fee for property in S.P.N Nagar?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 3,30,000, the registration fee would be Rs 6,600.

Where can I find the Sub Registrar Office for S.P.N Nagar?

The Sub Registrar Office for S.P.N Nagar is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can visit this office for all registration-related queries.

What is the stamp duty rate in Tamil Nadu?

The stamp duty rate in Tamil Nadu is 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 3,30,000, the stamp duty would amount to Rs 23,100.