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Guideline Value

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Guideline Value for SRI KUMARAN NAGAR ANNEX-I

₹100/sq.ft.

The guideline value for Sri Kumaran Nagar Annex-i in Punnapakkam village (Arani_tiruvallur SRO, Chennai zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Punnapakkam

Village

Arani_Tiruvallur

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /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)

No.10, S.p Kovil Street, Arani,ponneri(tk),thiruvallur(dt) - 601 101
044-27927859
[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 Kumaran Nagar Annex-i

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Sri Kumaran Nagar Annex-I guideline value

The current guideline value of Sri Kumaran Nagar Annex-I is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Punnapakkam village and falls under the Arani_Tiruvallur SRO. The land classification for this street is Residential Class IV Type - I.

How the guideline value of Sri Kumaran Nagar Annex-I has changed

The guideline value for Sri Kumaran Nagar Annex-I has seen several revisions over the years. The 2017 revision set the value at Rs 67 per sq.ft. This figure remained until the 2023 revision, which kept the value at Rs 100 per sq.ft. The 2024 revision also maintains the guideline value at Rs 100 per sq.ft, showing no change from the previous year.

Between the 2017 and 2023 revisions, there was a significant increase of 49%. Overall, from 2017 to 2024, the guideline value has increased by 49% as well. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Punnapakkam

In Punnapakkam, there are four streets under the Arani_Tiruvallur SRO that carry a 2024 guideline value of Rs 100 per sq.ft, which is also the median for the area. Sri Kumaran Nagar Annex-I's 2024 figure is equal to this median.

Stamp duty and registration fee for property in Sri Kumaran Nagar Annex-I

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total charges Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator to estimate your costs.

Which Sub Registrar Office covers Sri Kumaran Nagar Annex-I?

The Sub Registrar Office that covers Sri Kumaran Nagar Annex-I is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Punnapakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being sold or purchased.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and financial purposes. It helps maintain transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value of Sri Kumaran Nagar Annex-I?

The current guideline value of Sri Kumaran Nagar Annex-I is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, marking a 49% increase overall during this period.

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

Other streets in Punnapakkam that share the same guideline value of Rs 100 per sq.ft in 2024 include Sri C.S.N. Nagar, Sris Kumaran Nagar Annex, and Sri Srinivasa Nagar.

What are the stamp duty and registration fees for property in Sri Kumaran Nagar Annex-I?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot at the current rate, the total charges would be Rs 9,000.

Where is the Sub Registrar Office for Sri Kumaran Nagar Annex-I located?

The Sub Registrar Office for Sri Kumaran Nagar Annex-I is located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101, Chennai registration zone.