Guideline Value

Corporate

Guideline Value for SRI MEHAR BABA NAGAR

₹300/sq.ft.

The guideline value for Sri Mehar Baba Nagar in Anupampattu village (Ponneri SRO, Chennai zone) is Rs 300 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

Anupampattu

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /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 Sri Mehar Baba Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sri Mehar Baba Nagar guideline value

The current guideline value of Sri Mehar Baba Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Anupampattu village under the Ponneri SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Sri Mehar Baba Nagar has changed

Over the years, the guideline value of Sri Mehar Baba Nagar has seen several revisions. The 2012 revision set the value at Rs 300 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 201 per sq.ft. The value then increased significantly to Rs 300 per sq.ft in the 2023 revision, and it has stayed the same in the 2024 revision, reflecting a 49% increase from 2017 to 2023, while the overall change from 2012 to 2024 shows no increase.

The revisions for the years 2002, 2003, and 2007 do not have any figures recorded for this street. The 2024 and 2023 revisions both reflect a guideline value of Rs 300 per sq.ft, indicating stability in the recent years.

Guideline values in Anupampattu

In Anupampattu, the guideline values for 42 streets under the Ponneri SRO range from Rs 300 to Rs 500 per sq.ft, with a median value of Rs 300 per sq.ft. The guideline value for Sri Mehar Baba Nagar matches this median value.

Stamp duty and registration fee for property in Sri Mehar Baba 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, charged at 7%, would be Rs 21,000, while the registration fee at 2% would be Rs 6,000, bringing the total to 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 Sri Mehar Baba Nagar?

The Sub Registrar Office covering Sri Mehar Baba Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Anupampattu, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are calculated based on the guideline value.

When buying or selling a property, it is essential to ensure that the sale price meets or exceeds the guideline value to avoid any issues during the registration process. This helps in maintaining transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Sri Mehar Baba Nagar?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then back to Rs 300 per sq.ft in 2023 and 2024. There were no figures recorded for the years 2002, 2003, and 2007.

What is the land classification for Sri Mehar Baba Nagar?

Sri Mehar Baba Nagar is classified as Residential Class II Type - I, which indicates its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Sri Mehar Baba Nagar located?

The Sub Registrar Office for Sri Mehar Baba Nagar is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles all property registrations for the area.