Guideline Value

Corporate

Guideline Value for SRI PARVATHI AMMAN NAGAR

₹150/sq.ft.

The guideline value for Sri Parvathi Amman 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 Sri Parvathi Amman Nagar

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Sri Parvathi Amman Nagar guideline value

The current guideline value of Sri Parvathi Amman Nagar is Rs 150 per sq.ft, effective from 1 July 2024. This area is located in Thotakadu village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Sri Parvathi Amman Nagar has changed

Over the years, the guideline value for Sri Parvathi Amman Nagar has seen several revisions. The 2012 revision set the value at Rs 150 per sq.ft, which remained unchanged until the 2017 revision that decreased it to Rs 100 per sq.ft. Following this, the 2023 revision brought the value back up to Rs 150 per sq.ft, and it has remained the same in the 2024 revision as well.

In summary, the changes between revisions include a decrease of 33% from 2012 to 2017, followed by a 50% increase from 2017 to 2023, and a stable value from 2023 to 2024 with no change. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Thotakadu

In Thotakadu, 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 being Rs 150 per sq.ft. Sri Parvathi Amman Nagar's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Sri Parvathi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value would be Rs 1,50,000. The stamp duty at 7% would amount to Rs 10,500, while the registration fee at 2% would be Rs 3,000, bringing the total to Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Sri Parvathi Amman Nagar?

The Sub Registrar Office that covers Sri Parvathi Amman 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 Thotakadu

The guideline value plays a crucial role in property transactions in Thotakadu. It is used to determine the stamp duty and registration fees when buying or selling property. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to refer to the current guideline value to ensure compliance with local regulations. This value is periodically revised to reflect changes in the real estate market and is a key factor in the registration process.

Frequently asked questions

What is the current guideline value of Sri Parvathi Amman Nagar?

The current guideline value of Sri Parvathi Amman 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 changed from Rs 150 per sq.ft in 2012 to Rs 100 per sq.ft in 2017, then back to Rs 150 per sq.ft in 2023 and 2024. There are no figures available for the years 2002, 2003, and 2007 for this street.

What is the classification of land in Sri Parvathi Amman Nagar?

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

Where can I find the Ponneri Sub Registrar Office?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles all registrations for properties in the area.

How is the stamp duty calculated for properties in Sri Parvathi Amman Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 1,50,000 would incur a stamp duty of Rs 10,500 at 7%.