Guideline Value for SRI PONNIYAMMAN NAGAR
₹1001/sq.ft.
The guideline value for Sri Ponniyamman Nagar in Edayanchavadi village (Thiruvottiyur SRO, Chennai zone) is Rs 1001 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Edayanchavadi
Village
Thiruvottiyur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1001 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /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)
21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]
DRO (District Registrar Office)
Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Ponniyamman Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thiruvottiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Ponniyamman Nagar guideline value
The current guideline value of Sri Ponniyamman Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024. This area is located in Edayanchavadi village under the Thiruvottiyur SRO, classified as Residential Class I Type - I.
How the guideline value of Sri Ponniyamman Nagar has changed
In the 2017 revision, the guideline value was Rs 335 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in the 2023 revision, marking a 199% increase. For the 2024 revision, the guideline value has been set at Rs 1,001 per sq.ft, showing no change from the previous year.
There are no figures available for the years 2002, 2003, 2007, and 2012 for Sri Ponniyamman Nagar. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 199%.
Guideline values in Edayanchavadi
In Edayanchavadi, there are 23 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,100 per sq.ft, with a median value of Rs 1,001 per sq.ft. The guideline value for Sri Ponniyamman Nagar is equal to this median.
- Swami Sadananda Nagar: Rs 1,001 per sq.ft (2024)
- Thirumurugan Nagar: Rs 1,001 per sq.ft (2024)
- Sangeetha Nagar: Rs 1,001 per sq.ft (2024)
- Tulasi Nagar: Rs 1,001 per sq.ft (2024)
- Unnamalai Nagar: Rs 1,001 per sq.ft (2024)
- Vetri Nagar: Rs 1,001 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Ponniyamman Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value amounts to Rs 10,01,000. The stamp duty at 7% would be Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total cost to Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
You can also use the stamp duty and registration fee calculator for more detailed calculations.
Which Sub Registrar Office covers Sri Ponniyamman Nagar?
The Sub Registrar Office that covers Sri Ponniyamman Nagar is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for additional information.
How the guideline value is used when you buy or sell in Edayanchavadi
The guideline value is a crucial factor in the registration process when buying or selling property in Edayanchavadi. It determines the minimum price at which the property can be registered, ensuring that the transaction is documented at a fair value.
When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are essential for the legal transfer of ownership. Buyers should be aware of the guideline value to avoid any discrepancies during the registration process.
Frequently asked questions
What is the current guideline value of Sri Ponniyamman Nagar?
The current guideline value of Sri Ponniyamman Nagar is Rs 1,001 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed over the years?
From the 2017 revision to the 2024 revision, the guideline value has increased by 199%, from Rs 335 per sq.ft to Rs 1,001 per sq.ft.
What is the land classification for Sri Ponniyamman Nagar?
Sri Ponniyamman Nagar is classified as Residential Class I Type - I under the Thiruvottiyur SRO.
Where can I find the Thiruvottiyur Sub Registrar Office?
The Thiruvottiyur Sub Registrar Office is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.
How is the stamp duty calculated for property in Sri Ponniyamman Nagar?
Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070 at 7%.
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