Guideline Value for SELLIYAMMAN NAGAR

Selliyamman Nagar guideline value

The current guideline value of Selliyamman Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This locality is part of Thiruvellvoyal village under the Ponneri SRO, classified as Residential Class III Type - V.

How the guideline value of Selliyamman Nagar has changed

According to the guideline value register, Selliyamman Nagar has seen its current value set at Rs 200 per sq.ft in the 2024 revision. The previous revision in 2023 also recorded the guideline value at Rs 200 per sq.ft, indicating no change between these two years.

For earlier revisions, the register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street. Thus, we only have the figures for 2023 and 2024 to reference.

Guideline values in Thiruvellvoyal

In Thiruvellvoyal, there are 12 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 200 per sq.ft, with a median of Rs 200 per sq.ft. Selliyamman Nagar's 2024 figure aligns with this median.

• Sai Sudha Nagar: Rs 200 per sq.ft (2024)
• Sri Sakthi Nagar: Rs 200 per sq.ft (2024)
• Sri Sakthi Nagar Extention: Rs 150 per sq.ft (2024)
• Sri Vel Nagar: Rs 200 per sq.ft (2024)
• Radha Mudaliar Nagar: Rs 200 per sq.ft (2024)
• Vetri Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Selliyamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Selliyamman Nagar?

The Sub Registrar Office covering Selliyamman Nagar 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 Thiruvellvoyal

The guideline value is a crucial factor during the registration process of property transactions in Thiruvellvoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the government receives the appropriate revenue from property transactions. Buyers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Selliyamman Nagar?

The current guideline value of Selliyamman Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft for the revisions in 2023 and 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the other streets in Thiruvellvoyal with similar guideline values?

Other streets in Thiruvellvoyal include Sai Sudha Nagar, Sri Sakthi Nagar, Sri Sakthi Nagar Extention, Sri Vel Nagar, Radha Mudaliar Nagar, and Vetri Nagar, with values ranging from Rs 150 to Rs 200 per sq.ft.

How is stamp duty calculated for properties in Selliyamman Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the guideline value of Rs 200 per sq.ft, the stamp duty would be Rs 14,000.

Where can I find the Sub Registrar Office for Selliyamman Nagar?

The Ponneri Sub Registrar Office covers Selliyamman Nagar and is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.