Guideline Value

Corporate

Guideline Value for SRI SRINIVASA NAGAR

₹100/sq.ft.

The guideline value for Sri Srinivasa Nagar in Punnapakkam village (Arani_tiruvallur SRO, Chennai zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Punnapakkam

Village

Arani_Tiruvallur

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /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 100 per sq.ft, effective from 1 July 2024. This street is located in Punnapakkam village under the Arani_Tiruvallur SRO, classified as Residential Class IV Type - I.

How the guideline value of Sri Srinivasa Nagar has changed

In the 2017 revision, the guideline value was Rs 67 per sq.ft. This increased to Rs 100 per sq.ft in the 2023 revision, marking a 49% rise. The 2024 revision also maintains this figure at Rs 100 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 Srinivasa Nagar. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Punnapakkam

In Punnapakkam, four streets under the Arani_Tiruvallur SRO carry a 2024 guideline value of Rs 100 per sq.ft, with the median also at Rs 100 per sq.ft. Sri Srinivasa Nagar's 2024 figure is equal to this median.

Stamp duty and registration fee for property in Sri Srinivasa Nagar

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Sri Srinivasa Nagar?

The Sri Srinivasa Nagar area is covered by 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 more information.

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

The guideline value is used as a reference for determining the stamp duty and registration fees when buying or selling property in Sri Srinivasa Nagar. It is essential for buyers and sellers to be aware of this value to ensure compliance with local regulations.

When registering a property, the guideline value or the sale price, whichever is higher, will be the basis for calculating the applicable fees. This ensures that the transaction is recorded accurately and fairly within the legal framework.

Frequently asked questions

What is the current guideline value of Sri Srinivasa Nagar?

The current guideline value of Sri Srinivasa Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2023 and remains at Rs 100 per sq.ft in 2024. Overall, there has been a 49% increase from 2017 to 2024.

Which Sub Registrar Office covers the area?

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

What are the stamp duty and registration fees?

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would be Rs 9,000.

Are there other streets with the same guideline value?

Yes, there are other streets in Punnapakkam under the Arani_Tiruvallur SRO that also have a guideline value of Rs 100 per sq.ft for 2024, including Sris Kumaran Nagar Annex, Sri Kumaran Nagar Annex-I, and Sri C.S.N. Nagar.