Guideline Value for SEMMOZHI NAGAR -IV

Semmozhi Nagar -IV guideline value

The current guideline value of Semmozhi Nagar -IV is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu village, under the Ponneri Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Semmozhi Nagar -IV has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft. This figure increased to Rs 300 per sq.ft in the 2023 revision, marking a 49% increase. The 2024 revision has maintained this value at Rs 300 per sq.ft, showing no change from the previous year.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Anupampattu

In Anupampattu, there are 42 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 500 per sq.ft. The median value is Rs 300 per sq.ft, which is equal to the guideline value of Semmozhi Nagar -IV.

• Semmozhi Nagar: Rs 300 per sq.ft (2024)
• Selliamman Nagar: Rs 300 per sq.ft (2024)
• Sevaliar Sivaji Nagar: Rs 400 per sq.ft (2024)
• Sri Amman Nagar: Rs 300 per sq.ft (2024)
• Sai Nagar: Rs 300 per sq.ft (2024)
• Sri Ganesh Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Semmozhi Nagar -IV

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Semmozhi Nagar -IV?

The Semmozhi Nagar -IV area is covered by 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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Anupampattu, the guideline value is used to calculate the stamp duty and registration fees payable to the government.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with legal requirements during the registration process. This value serves as a reference point for both parties involved in the transaction.

Frequently asked questions

What is the current guideline value of Semmozhi Nagar -IV?

The current guideline value of Semmozhi Nagar -IV is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased from Rs 201 per sq.ft to Rs 300 per sq.ft, a change of 49%. The value remained the same in the 2024 revision.

What are the guideline values of other streets in Anupampattu?

The guideline values of other streets in Anupampattu range from Rs 300 to Rs 500 per sq.ft, with Semmozhi Nagar -IV being equal to the median value of Rs 300 per sq.ft.

What fees are associated with property registration in Semmozhi Nagar -IV?

For a property valued at Rs 3,00,000, the total fees including stamp duty and registration fee would amount to Rs 27,000. The stamp duty is charged at 7%, and the registration fee is charged at 2%.

Which office handles property registrations for Semmozhi Nagar -IV?

The Ponneri Sub Registrar Office handles property registrations for Semmozhi Nagar -IV, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.