Guideline Value for SRI SELLIAMMAN NAGAR EXT

Sri Selliamman Nagar Ext guideline value

The current guideline value of Sri Selliamman Nagar Ext is Rs 300 per sq.ft, effective from 1 July 2024. This street is located in Anupampattu village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Sri Selliamman Nagar Ext has changed

The guideline value for Sri Selliamman Nagar Ext has seen several revisions over the years. 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 has remained the same in the 2024 revision, showing a 49% increase from 2017 to 2023.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 300 per sq.ft.

Guideline values in Anupampattu

In Anupampattu, there are 42 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 500 per sq.ft, with the median being Rs 300 per sq.ft. Sri Selliamman Nagar Ext's 2024 figure aligns with this median.

• Sri Sankara Nagar: Rs 300 per sq.ft (2024)
• Sri Padmavathi Nagar: Rs 300 per sq.ft (2024)
• Srinivasan Nagar: Rs 300 per sq.ft (2024)
• Sri Mehar Baba Nagar: Rs 300 per sq.ft (2024)
• Sri Kamatchi Nagar: Rs 300 per sq.ft (2024)
• Sri Kamatchi Amman Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Selliamman Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total fees Rs 27,000. Duty is charged on the higher of the guideline value and the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Selliamman Nagar Ext?

The Sub Registrar Office covering Sri Selliamman Nagar Ext 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 Anupampattu

The guideline value is essential during the registration process when buying or selling property. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

Both the buyer and seller must consider the guideline value to ensure compliance with legal requirements and to calculate the necessary fees accurately. This value is crucial for the proper documentation and registration of property transactions in Anupampattu.

Frequently asked questions

What is the current guideline value of Sri Selliamman Nagar Ext?

The current guideline value of Sri Selliamman Nagar Ext 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 are no figures available for the years 2002, 2003, and 2007.

What is the land classification of Sri Selliamman Nagar Ext?

Sri Selliamman Nagar Ext is classified as Residential Class II Type - I.

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.

How is the stamp duty calculated for properties in Sri Selliamman Nagar Ext?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 300 per sq.ft would incur a total stamp duty of Rs 21,000.