Guideline Value for SEMMOZHI NAGAR

Semmozhi Nagar guideline value

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

How the guideline value of Semmozhi Nagar has changed

The guideline value for Semmozhi Nagar has undergone several revisions over the years. The register shows that in 2017, the guideline value was Rs 201 per sq.ft. This increased to Rs 300 per sq.ft in 2023 and remained the same in the 2024 revision, reflecting a total increase of 49% from 2017 to 2024.

For the years 2002, 2003, 2007, and 2012, the register has no figure for this street. The 2023 to 2024 revision did not change the value, indicating a 0% change between these two years.

Guideline values in Anupampattu

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

• Semmozhi Nagar -IV: 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

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total 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, resulting in a total of 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Semmozhi Nagar?

Semmozhi Nagar falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, in the Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering a property in Anupampattu. It determines the amount of stamp duty and registration fees payable at the time of the transaction.

When a property is bought or sold, the guideline value serves as a reference point for the minimum value at which the property can be registered. This ensures that the registration process is standardized and transparent.

Frequently asked questions

What is the current guideline value of Semmozhi Nagar?

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

How has the guideline value changed over the years?

The guideline value increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, remaining at that level in 2024. This represents a total increase of 49% from 2017 to 2024.

What is the land classification for Semmozhi Nagar?

Semmozhi Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in Semmozhi Nagar?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot valued at Rs 3,00,000, the total fees would amount to Rs 27,000.

Where is the Sub Registrar Office for Semmozhi Nagar located?

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