Guideline Value

Corporate

Guideline Value for THIRUPATHY NAGAR

₹250/sq.ft.

The guideline value for Thirupathy Nagar in Anupampattu_2 village (Ponneri SRO, Chennai zone) is Rs 250 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a -17% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Anupampattu_2

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹250 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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 Thirupathy Nagar

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Thirupathy Nagar guideline value

The current guideline value of Thirupathy Nagar, located in Anupampattu_2 village under the Ponneri SRO, is Rs 250 per sq.ft as per the 2024 revision effective from 1 July 2024. This area falls under Residential Class II Type - I land classification.

How the guideline value of Thirupathy Nagar has changed

In the 2017 revision, the guideline value was Rs 201 per sq.ft, which increased to Rs 300 per sq.ft in the 2023 revision. However, the most recent 2024 revision has seen a decrease of 17%, bringing the value down to Rs 250 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From the 2017 revision to the 2023 revision, there was an increase of 49%. Overall, comparing the 2017 revision to the 2024 revision, the guideline value has increased by 24%.

Guideline values in Anupampattu_2

In Anupampattu_2, there are 35 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 500 per sq.ft, with the median value being Rs 250 per sq.ft. Thirupathy Nagar's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Thirupathy Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total to Rs 22,500. Duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thirupathy Nagar?

The Thirupathy Nagar area falls under 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 Anupampattu_2

The guideline value is a crucial factor during the registration of property transactions in Anupampattu_2. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a buyer or seller approaches the Ponneri SRO for registration, the guideline value is referenced to calculate the applicable fees. This ensures that the transaction is recorded accurately and in accordance with the prevailing regulations.

Frequently asked questions

What is the current guideline value of Thirupathy Nagar?

The current guideline value of Thirupathy Nagar is Rs 250 per sq.ft as per the 2024 revision effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Thirupathy Nagar has changed from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2023, and then decreased to Rs 250 per sq.ft in 2024. The overall change from 2017 to 2024 is an increase of 24%.

What are the stamp duty and registration fees for property in Thirupathy Nagar?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registration for Thirupathy Nagar?

The Ponneri Sub Registrar Office handles property registration for Thirupathy Nagar, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

What is the significance of the guideline value in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It acts as a standard reference point for the valuation of properties in the area.