Guideline Value

Corporate

Guideline Value for T.K.R. ROAD

₹1320/sq.ft.

The guideline value for T.k.r. Road in Minjur village (Ponneri SRO, Chennai zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Minjur

Village

Ponneri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /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]

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T.K.R. Road guideline value

The current guideline value of T.K.R. Road in Minjur village is Rs 1,320 per sq.ft, effective from 1 July 2024. This street falls under the Ponneri SRO and is classified as Residential Special Type - I.

How the guideline value of T.K.R. Road has changed

The guideline value for T.K.R. Road has seen several revisions over the years. The 2017 revision set the value at Rs 804 per sq.ft, which increased to Rs 1,200 per sq.ft in 2023. The latest revision in 2024 has raised it further to Rs 1,320 per sq.ft, marking a 10% increase 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 changes from 2017 to 2023 reflect a significant increase of 49%, showcasing a steady rise in the guideline value over the years.

Guideline values in Minjur

In Minjur, there are 179 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 1,320 per sq.ft. The median value for these streets is Rs 550 per sq.ft, positioning T.K.R. Road's current value above this median.

Stamp duty and registration fee for property in T.K.R. Road

For a 1,000 sq.ft plot at the current rate of Rs 1,320 per sq.ft, the guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, totaling Rs 1,18,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator to estimate your costs.

Which Sub Registrar Office covers T.K.R. Road?

T.K.R. Road is covered by the Ponneri Sub Registrar Office 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 Minjur

The guideline value plays a crucial role in the registration process when buying or selling property in Minjur. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is typically used as a benchmark to assess the value of the property for taxation purposes. This ensures that the transaction is recorded accurately and that the appropriate fees are collected based on the established guideline values.

Frequently asked questions

What is the current guideline value of T.K.R. Road?

The current guideline value of T.K.R. Road is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 804 per sq.ft in 2017 to Rs 1,320 per sq.ft in 2024, reflecting an overall increase of 64% over this period.

What is the median guideline value in Minjur?

The median guideline value for streets in Minjur is Rs 550 per sq.ft, while T.K.R. Road's current value is above this median.

What are the stamp duty and registration fees for T.K.R. Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would be Rs 1,18,800, which includes a stamp duty of Rs 92,400 and a registration fee of Rs 26,400.

Which office handles registrations for T.K.R. Road?

The Ponneri Sub Registrar Office handles registrations for T.K.R. Road, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.