Guideline Value

Corporate

Guideline Value for T.H. ROAD

₹702/sq.ft.

The guideline value for T.h. Road in Ponneri_2 village (Ponneri SRO, Chennai zone) is Rs 702 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ponneri_2

Village

Ponneri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹702 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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]

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T.H. Road guideline value

The current guideline value of T.H. Road in Ponneri_2 village, under the Ponneri SRO, is Rs 702 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of T.H. Road has changed

The guideline value register for T.H. Road shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 700 per sq.ft, which was then revised to Rs 702 per sq.ft in 2024, reflecting a change of +0% from the previous year.

Thus, the only recorded revisions for T.H. Road are from 2023 and 2024, with the 2024 guideline value being slightly higher than the previous year.

Guideline values in Ponneri_2

In Ponneri_2, there are 75 streets under the Ponneri SRO that have a 2024 guideline value ranging from Rs 700 to Rs 1,300 per sq.ft. The median guideline value in this area is Rs 700 per sq.ft, placing T.H. Road's 2024 figure above that median.

Stamp duty and registration fee for property in T.H. Road

For a 1,000 sq.ft plot at the current guideline value of Rs 702 per sq.ft, the total guideline value amounts to Rs 7,02,000. The stamp duty at 7% would be Rs 49,140, while the registration fee at 2% would be Rs 14,040, leading to a total of Rs 63,180. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more calculations.

Which Sub Registrar Office covers T.H. Road?

The Sub Registrar Office that covers T.H. Road 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 Ponneri_2

The guideline value is a crucial figure used during the registration of property transactions in Ponneri_2. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when buying or selling property in the area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of T.H. Road?

The current guideline value of T.H. Road is Rs 702 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for T.H. Road was Rs 700 per sq.ft in 2023 and has increased to Rs 702 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for T.H. Road?

T.H. Road is classified as Residential Class I Type - I. This classification indicates the type of development that is permitted in the area.

What are the stamp duty and registration fees for property in T.H. Road?

The 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 at the current guideline value, the total fees would amount to Rs 63,180.

Where can I find the Sub Registrar Office for T.H. Road?

The Sub Registrar Office for T.H. Road is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find more information about your SRO online.