Guideline Value

Corporate

Guideline Value for SRI SELLIAMMAN NAGAR EXT

₹250/sq.ft.

The guideline value for Sri Selliamman Nagar Ext in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a -17% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Anupampattu_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /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 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)

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 Selliamman Nagar Ext

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Sri Selliamman Nagar Ext guideline value

The current guideline value of Sri Selliamman Nagar Ext, located in Anupampattu_2 village under the Ponneri SRO, is Rs 250 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under Residential Class II Type - I land classification.

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 2017 revision set the value at Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in the 2023 revision. However, in the latest 2024 revision, the value decreased to Rs 250 per sq.ft, reflecting a change of -17% from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 24%. The significant rise from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023 represents a 49% increase. The current value of Rs 250 per sq.ft in 2024 is now aligned with the median value for other streets in Anupampattu_2.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO with a 2024 guideline value ranging from Rs 250 to Rs 500 per sq.ft, with the median being Rs 250 per sq.ft. Sri Selliamman Nagar Ext's 2024 figure matches this median value.

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 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, making the total cost for these fees Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Selliamman Nagar Ext?

The Sub Registrar Office that covers 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_2

The guideline value plays a crucial role in property transactions in Anupampattu_2. It is used to determine the stamp duty and registration fees that buyers must pay during the property registration process. The guideline value is set by the Registration Department and is updated periodically to reflect changes in the real estate market.

When buying or selling property, it is essential to consider the guideline value as it impacts the overall cost of the transaction. Buyers should ensure they are aware of the current guideline value to avoid any discrepancies during the registration process.

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 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then decreased to Rs 250 per sq.ft in 2024.

What is the land classification for Sri Selliamman Nagar Ext?

Sri Selliamman Nagar Ext is classified under Residential Class II Type - I land classification.

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 guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs a stamp duty of Rs 17,500.