Guideline Value

Corporate

Guideline Value for SRI SRINIVASA NAGAR

₹200/sq.ft.

The guideline value for Sri Srinivasa Nagar in Ammannmpakkam village (Arani_tiruvallur SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ammannmpakkam

Village

Arani_Tiruvallur

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /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)

No.10, S.p Kovil Street, Arani,ponneri(tk),thiruvallur(dt) - 601 101
044-27927859
[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 Srinivasa Nagar

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Sri Srinivasa Nagar guideline value

The current guideline value of Sri Srinivasa Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Ammannmpakkam village under the Arani_Tiruvallur SRO, classified as Residential Class III Type - II.

How the guideline value of Sri Srinivasa Nagar has changed

In the 2017 revision, the guideline value for Sri Srinivasa Nagar was Rs 134 per sq.ft. This figure increased to Rs 200 per sq.ft in the 2023 revision, marking a significant increase of 49%. The 2024 revision maintained this value at Rs 200 per sq.ft, showing no change from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 49%.

Guideline values in Ammannmpakkam

Ammannmpakkam has 10 streets under the Arani_Tiruvallur SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 500 per sq.ft, with a median value of Rs 325 per sq.ft. Sri Srinivasa Nagar's 2024 figure is below this median.

Stamp duty and registration fee for property in Sri Srinivasa Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Srinivasa Nagar?

The Sub Registrar Office that covers Sri Srinivasa Nagar is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101. You can find your SRO for additional information.

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

The guideline value plays a crucial role during the registration of property transactions in Ammannmpakkam. It serves as a benchmark for calculating the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is sold, the guideline value is used to determine the minimum value on which the stamp duty is calculated. Buyers should be aware that the duty is charged on the higher of the guideline value or the sale price, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Sri Srinivasa Nagar?

The current guideline value of Sri Srinivasa Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen an increase from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in both 2023 and 2024, reflecting a 49% increase overall from 2017 to 2024.

What is the land classification of Sri Srinivasa Nagar?

Sri Srinivasa Nagar is classified as Residential Class III Type - II, indicating its designation for residential use within the local planning framework.

What are the stamp duty rates in Sri Srinivasa Nagar?

The stamp duty rate in Sri Srinivasa Nagar is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Which office handles property registrations in Sri Srinivasa Nagar?

The Arani_Tiruvallur Sub Registrar Office handles property registrations for Sri Srinivasa Nagar, located at No.10, S.p Kovil Street, Arani, Ponneri (tk), Thiruvallur (dt) - 601 101.