Guideline Value for SAKTHI & RAJIV APPARTMENT

Sakthi & Rajiv Appartment guideline value

The current guideline value of Sakthi & Rajiv Appartment is Rs 702 per sq.ft, effective from 1 July 2024. It is located in Ponneri_2 village under the Ponneri SRO, classified as Residential Class I Type - I.

How the guideline value of Sakthi & Rajiv Appartment has changed

The guideline value for Sakthi & Rajiv Appartment has seen revisions over the years. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the value at Rs 700 per sq.ft, which was then revised to Rs 702 per sq.ft in 2024, reflecting a change of +0% between these two years.

In summary, the 2024 revision is the most recent, with the guideline value increasing from Rs 700 per sq.ft in 2023 to Rs 702 per sq.ft in 2024. This increase is minimal, indicating stability in the guideline value for this property.

Guideline values in Ponneri_2

Ponneri_2 village has a range of guideline values across its 75 streets, with figures varying from Rs 700 to Rs 1,300 per sq.ft. The median guideline value is Rs 700 per sq.ft, and the 2024 figure for Sakthi & Rajiv Appartment is above this median.

• Sakthi Nagar Ext: Rs 702 per sq.ft (2024)
• Sakthi Nagar: Rs 702 per sq.ft (2024)
• Samayapuri Mudaliar St: Rs 702 per sq.ft (2024)
• Samundeeswari Nagar: Rs 700 per sq.ft (2024)
• Ramaswami Chetty Street: Rs 700 per sq.ft (2024)
• Ramachanra Street: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Sakthi & Rajiv Appartment

For a 1,000 sq.ft plot at the current rate of Rs 702 per sq.ft, the guideline value would be Rs 7,02,000. The stamp duty at 7% would amount to Rs 49,140, and the registration fee at 2% would be Rs 14,040, totaling Rs 63,180. 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 Sakthi & Rajiv Appartment?

The Sakthi & Rajiv Appartment falls under 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 Ponneri_2

The guideline value is a crucial factor when registering property transactions in Ponneri_2. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property.

When you buy or sell property, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate taxes are paid based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Sakthi & Rajiv Appartment?

The current guideline value of Sakthi & Rajiv Appartment is Rs 702 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen a change from Rs 700 per sq.ft in 2023 to Rs 702 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Ponneri_2?

The median guideline value in Ponneri_2 is Rs 700 per sq.ft, with the 2024 figure for Sakthi & Rajiv Appartment being above this median.

What are the stamp duty rates applicable in Ponneri_2?

The stamp duty rate applicable in Ponneri_2 is 7% of the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2%.

Where can I find the Sub Registrar Office for Sakthi & Rajiv Appartment?

The Sub Registrar Office covering Sakthi & Rajiv Appartment is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find more details by visiting the relevant link.