Guideline Value for THENDRAL NAGAR

Thendral Nagar guideline value

The current guideline value of Thendral Nagar is Rs 300 per sq.ft, effective from the 2024 revision. This street is located in Anupampattu village under the Ponneri Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of Thendral Nagar has changed

The guideline value register for Thendral Nagar shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 300 per sq.ft, which remained unchanged in the 2024 revision as well.

From the 2023 to 2024 revision, there was a change of +0%. The current guideline value reflects a consistent valuation over the last two revisions, indicating stability in the pricing for this street.

Guideline values in Anupampattu

In Anupampattu, there are 42 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 500 per sq.ft, with the median value being Rs 300 per sq.ft. Thendral Nagar's 2024 figure aligns with this median value.

• Thiru Arul Nagar: Rs 300 per sq.ft (2024)
• Thirumala Avenue: Rs 300 per sq.ft (2024)
• Thirupathy Nagar: Rs 300 per sq.ft (2024)
• Sri Selliamman Nagar Ext: Rs 300 per sq.ft (2024)
• Sri Sankara Nagar: Rs 300 per sq.ft (2024)
• Sri Padmavathi Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Thendral Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, making the total fees Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thendral Nagar?

Thendral Nagar falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. To find your specific SRO, you can visit this find your SRO link.

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

The guideline value is a crucial factor in property transactions as it determines the minimum price at which property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Thendral Nagar?

The current guideline value of Thendral Nagar is Rs 300 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Thendral Nagar has remained at Rs 300 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Thendral Nagar?

Thendral Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty rates applicable in Thendral Nagar?

The stamp duty in Thendral Nagar is charged at 7% of the guideline value or sale price, whichever is higher. This is in addition to a registration fee of 2%.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is situated at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles registrations for properties in Thendral Nagar.