Guideline Value for SAKTHI NAGAR EXT

Sakthi Nagar Ext guideline value

The current guideline value of Sakthi Nagar Ext is Rs 702 per sq.ft, effective from 1 July 2024. This property is located in Ponneri_2 village under the Ponneri SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Sakthi Nagar Ext has changed

The guideline value for Sakthi Nagar Ext has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 700 per sq.ft, which was then revised to Rs 702 per sq.ft in 2024, marking a change of +0% between these two years.

As noted, the 2024 revision shows an increase to Rs 702 per sq.ft from the previous year's Rs 700 per sq.ft. This indicates that the current guideline value has slightly surpassed the previous year's figure, although the percentage change is negligible.

Guideline values in Ponneri_2

In Ponneri_2, there are 75 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 700 to Rs 1,300 per sq.ft, with a median value of Rs 700 per sq.ft. Sakthi Nagar Ext's guideline value of Rs 702 per sq.ft is above this median.

• Sakthi & Rajiv Appartment: 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 Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 702 per sq.ft, the total guideline value amounts to Rs 7,02,000. The stamp duty at 7% would be Rs 49,140, and the registration fee at 2% would be Rs 14,040, totaling Rs 63,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sakthi Nagar Ext?

The Sakthi Nagar Ext property falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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 is used to determine the stamp duty and registration fees that are applicable at the time of property registration.

Frequently asked questions

What is the current guideline value for Sakthi Nagar Ext?

The current guideline value for Sakthi Nagar Ext is Rs 702 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sakthi Nagar Ext has been revised several times, with the most recent change from Rs 700 per sq.ft in 2023 to Rs 702 per sq.ft in 2024, reflecting a change of +0%.

What other streets have similar guideline values in Ponneri_2?

Other streets in Ponneri_2 with similar guideline values include Sakthi & Rajiv Appartment, Sakthi Nagar, and Samayapuri Mudaliar St, all at Rs 702 per sq.ft for 2024.

What fees are associated with buying property in Sakthi Nagar Ext?

When buying property in Sakthi Nagar Ext, buyers should expect to pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sakthi Nagar Ext?

The Sub Registrar Office covering Sakthi Nagar Ext is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles the registration of property transactions in the area.