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Guideline Value

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Guideline Value for SIVASAKTHI VINAYAGAR NAGAR

₹150/sq.ft.

The guideline value for Sivasakthi Vinayagar Nagar in Thotakadu village (Ponneri SRO, Chennai zone) is Rs 150 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thotakadu

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹150 /sq.ft.
From 1-4-2023 ₹150 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹100 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹150 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

9/5,taluk Office Road, Ponneri, Chennai-601204
044-27974517
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sivasakthi Vinayagar Nagar

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Sivasakthi Vinayagar Nagar guideline value

The current guideline value of Sivasakthi Vinayagar Nagar is Rs 150 per sq.ft, effective from 1 July 2024. This locality is situated in Thotakadu village under the Ponneri Sub Registrar Office (SRO) in Chennai zone, Tamil Nadu. The land classification for this area is Residential Class II Type - I.

How the guideline value of Sivasakthi Vinayagar Nagar has changed

The guideline value for Sivasakthi Vinayagar Nagar has undergone several revisions over the years. The 2012 revision set the value at Rs 150 per sq.ft, which was unchanged in the 2017 revision. However, in 2017, the value was reduced to Rs 100 per sq.ft. The 2023 revision brought the value back to Rs 150 per sq.ft, and this figure remained the same in the 2024 revision, showing no percentage change between 2023 and 2024. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, followed by a significant increase of 50% from 2017 to 2023. Overall, the guideline value from 2012 to 2024 has remained at Rs 150 per sq.ft, indicating stability in the value during this period.

Guideline values in Thotakadu

In Thotakadu village, there are 10 streets under the Ponneri SRO that carry a 2024 guideline value, all set at Rs 150 per sq.ft, with the median also at Rs 150 per sq.ft. Sivasakthi Vinayagar Nagar's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Sivasakthi Vinayagar Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would amount to Rs 3,000, bringing the total to Rs 13,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sivasakthi Vinayagar Nagar?

The Sivasakthi Vinayagar Nagar area falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Thotakadu. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees. This ensures that the government receives the appropriate revenue based on the established values.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property transactions. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Sivasakthi Vinayagar Nagar?

The current guideline value of Sivasakthi Vinayagar Nagar is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 150 per sq.ft in 2023 and 2024. It was Rs 100 per sq.ft in 2017, and Rs 150 per sq.ft in 2012.

What are the other streets in Thotakadu with the same guideline value?

Other streets in Thotakadu with the same guideline value of Rs 150 per sq.ft include Sri Amman Nagar, Sri Amman Nagar Ext, Sri Parvathi Amman Nagar, Sri Sakthi Sai Garden, Vetri Nagar, and K.P.M.Nagar.

What is the stamp duty and registration fee for property in Sivasakthi Vinayagar Nagar?

For a 1,000 sq.ft plot, the stamp duty is Rs 10,500 at 7%, and the registration fee is Rs 3,000 at 2%, totaling Rs 13,500. This is based on the guideline value of Rs 1,50,000.

Which office handles property registration for Sivasakthi Vinayagar Nagar?

The Ponneri Sub Registrar Office handles property registration for Sivasakthi Vinayagar Nagar, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.