Guideline Value

Corporate

Guideline Value for SUPREME CITY

₹200/sq.ft.

The guideline value for Supreme City in Chekkancheri village (Ponneri SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chekkancheri

Village

Ponneri

SRO

Residential Class II Type - I
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)

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 Supreme City

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Supreme City guideline value

The current guideline value of Supreme City in Chekkancheri village is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Ponneri Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of Supreme City has changed

The guideline value of Supreme City has undergone several revisions over the years. The oldest available figure is from the 2017 revision, which was Rs 134 per sq.ft. This increased to Rs 200 per sq.ft in the 2023 revision, marking a 49% rise. The same Rs 200 per sq.ft figure has been maintained in the 2024 revision, reflecting no change from the previous year.

There are no figures available 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 49%.

Guideline values in Chekkancheri

In Chekkancheri, there are five streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 300 per sq.ft, with the median value being Rs 200 per sq.ft. Supreme City's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Supreme City

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Supreme City?

The Ponneri Sub Registrar Office covers Supreme City, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor during the registration of property transactions in Chekkancheri. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the guideline value serves as a benchmark for calculating these fees. Buyers and sellers should be aware that the fees are based on the higher of the guideline value or the sale price, ensuring that the necessary taxes are appropriately assessed.

Frequently asked questions

What is the current guideline value of Supreme City?

The current guideline value of Supreme City is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

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

What are the other streets in Chekkancheri with guideline values?

Other streets in Chekkancheri include Sri Sankara Balasubramaniyam City, Vetrivelan Nagar, Sri Kubera Lakshmi Nagar, and Tms Nagar, with values ranging from Rs 200 to Rs 300 per sq.ft as of 2024.

What fees are associated with buying property in Supreme City?

When buying property in Supreme City, buyers need to pay stamp duty at 7% and a registration fee at 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Supreme City?

The Sub Registrar Office for Supreme City is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find more information by visiting the relevant link.