Guideline Value

Corporate

Guideline Value for Sri Padavattamman Nagar

₹1100/sq.ft.

The guideline value for Sri Padavattamman Nagar in 44.ayanambakkam village (Konnur SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

44.ayanambakkam

Village

Konnur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Padavattamman Nagar

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Sri Padavattamman Nagar guideline value

The current guideline value of Sri Padavattamman Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in 44.Ayanambakkam village, under the Konnur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Sri Padavattamman Nagar has changed

Since the 2017 revision, the guideline value for Sri Padavattamman Nagar has seen significant increases. The 2017 revision set the value at Rs 670 per sq.ft, which rose to Rs 1,000 per sq.ft in 2023, marking a 49% increase. The latest revision in 2024 has further increased the value to Rs 1,100 per sq.ft, representing a 10% rise from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The absence of these figures indicates that the value remained unregistered during those years.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO with a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft. The median value for these streets is Rs 1,300 per sq.ft, placing Sri Padavattamman Nagar's 2024 figure below the median.

Stamp duty and registration fee for property in Sri Padavattamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. 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 Padavattamman Nagar?

The Sub Registrar Office that covers Sri Padavattamman Nagar is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For additional information, you can find your SRO.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is essential during property transactions in 44.Ayanambakkam, as it determines the minimum value at which properties can be registered. This value is used to calculate the stamp duty and registration fees, which are mandatory for legal property transactions.

When buying or selling property, it is crucial to be aware of the current guideline value, as it can affect the overall cost of the transaction. Buyers should ensure that they are informed about the guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Sri Padavattamman Nagar?

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

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, marking a total increase of 64% over this period.

What is the registration office for Sri Padavattamman Nagar?

The registration office for Sri Padavattamman Nagar is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What factors influence the stamp duty and registration fees?

The stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the fees reflect the true value of the property being transacted.

Are there other streets with different guideline values in 44.Ayanambakkam?

Yes, there are several other streets in 44.Ayanambakkam with varying guideline values. For instance, Sri Ganseh Nagar has a guideline value of Rs 880 per sq.ft, while several other streets have a value of Rs 1,100 per sq.ft.