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Guideline Value

Corporate

Guideline Value for SRI DEVI GAYATHRI NAGAR

₹400/sq.ft.

The guideline value for Sri Devi Gayathri Nagar in Thachoor_2 village (Ponneri SRO, Chennai zone) is Rs 400 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

Thachoor_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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 Sri Devi Gayathri Nagar

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Sri Devi Gayathri Nagar guideline value

The current guideline value of Sri Devi Gayathri Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Thachoor_2 village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Sri Devi Gayathri Nagar has changed

The guideline value for Sri Devi Gayathri Nagar has undergone several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft, which increased to Rs 400 per sq.ft in the 2023 revision. The guideline value remained unchanged at Rs 400 per sq.ft in the 2024 revision, indicating a 49% increase from the 2017 figure to the 2024 figure.

The register has no figures for the years 2002, 2003, 2007, and 2012 for this street. Therefore, the only revisions available are from 2017, 2023, and 2024, with the most recent change showing no increase in the guideline value.

Guideline values in Thachoor_2

In Thachoor_2, there are 40 streets under the Ponneri SRO with a 2024 guideline value ranging from Rs 202 to Rs 1,800 per sq.ft. The median guideline value in this village is Rs 600 per sq.ft, making the current value of Sri Devi Gayathri Nagar below that median.

Stamp duty and registration fee for property in Sri Devi Gayathri Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total charges to Rs 36,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Devi Gayathri Nagar?

The Sub Registrar Office covering Sri Devi Gayathri 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 Thachoor_2

The guideline value plays a crucial role in property transactions in Thachoor_2. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold. The guideline value is essential for ensuring that the transaction is registered correctly and that the appropriate taxes are paid.

When a buyer or seller approaches the registration office, the guideline value will be referenced to calculate the necessary fees. This ensures transparency and compliance with local regulations during the property transaction process.

Frequently asked questions

What is the current guideline value of Sri Devi Gayathri Nagar?

The current guideline value of Sri Devi Gayathri Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2023 and remained at Rs 400 per sq.ft in 2024, showing a 49% increase overall from 2017 to 2024.

What are the stamp duty and registration fees for properties in Sri Devi Gayathri Nagar?

For a property valued at Rs 4,00,000, the stamp duty would be Rs 28,000 and the registration fee would be Rs 8,000, totaling Rs 36,000.

Which office handles property registrations for Sri Devi Gayathri Nagar?

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

What other streets have guideline values in Thachoor_2?

Other streets in Thachoor_2 include Sri Balasubramaniam Nagar at Rs 800 per sq.ft, Sri Balamurugan Nagar, Sri Durgai Amman Nagar, Sowbakya Nagar, and Sri Sai Nagar all at Rs 400 per sq.ft, and Singapur Estate Phase I, II & III at Rs 800 per sq.ft.