Guideline Value

Corporate

Guideline Value for UNION CARBIDE EMPLOYEES CO OPERATIVE NAGAR PHASE-II

₹580/sq.ft.

The guideline value for Union Carbide Employees Co Operative Nagar Phase-ii in Minjur village (Ponneri SRO, Chennai zone) is Rs 580 per sq.ft, effective 1 July 2024. It was Rs 536 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Minjur

Village

Ponneri

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹580 /sq.ft.
From 1-4-2023 ₹536 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /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 Union Carbide Employees Co Operative Nagar Phase-ii

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Union Carbide Employees Co Operative Nagar Phase-II guideline value

The current guideline value for Union Carbide Employees Co Operative Nagar Phase-II is Rs 580 per sq.ft. This locality is situated in Minjur village, under the Ponneri SRO, and is classified as Residential Class II Type - II.

How the guideline value of Union Carbide Employees Co Operative Nagar Phase-II has changed

The guideline value register shows that there were no figures available for the years 2002, 2003, 2007, and 2012. The value stood at Rs 536 per sq.ft in both the 2017 and 2023 revisions. From 2023 to 2024, the guideline value increased by 8%, bringing it to Rs 580 per sq.ft.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 8%. This reflects a consistent value from 2017 to 2023, followed by a notable rise in the latest revision.

Guideline values in Minjur

In Minjur, there are 179 streets under the Ponneri SRO that have a 2024 guideline value ranging from Rs 440 to Rs 1,320 per sq.ft, with a median value of Rs 550 per sq.ft. The guideline value for Union Carbide Employees Co Operative Nagar Phase-II is above this median.

Stamp duty and registration fee for property in Union Carbide Employees Co Operative Nagar Phase-II

For a 1,000 sq.ft plot at the current guideline value of Rs 580 per sq.ft, the total guideline value amounts to Rs 5,80,000. The stamp duty at 7% would be Rs 40,600, and the registration fee at 2% would be Rs 11,600, bringing the total cost for these fees to Rs 52,200. 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 these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Union Carbide Employees Co Operative Nagar Phase-II?

The Sub Registrar Office that covers Union Carbide Employees Co Operative Nagar Phase-II is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more details, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Minjur. It helps determine the stamp duty and registration fees applicable to the transaction, ensuring that both parties are aware of the financial obligations involved.

When a property is registered, the guideline value serves as a benchmark for assessing the value of the property. This ensures that the fees are calculated fairly based on the established rates for the area.

Frequently asked questions

What is the current guideline value for Union Carbide Employees Co Operative Nagar Phase-II?

The current guideline value for Union Carbide Employees Co Operative Nagar Phase-II is Rs 580 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen an increase of 8% from Rs 536 per sq.ft in 2023 to Rs 580 per sq.ft in 2024. There was no change in the value from 2017 to 2023.

What is the land classification for Union Carbide Employees Co Operative Nagar Phase-II?

The land classification for Union Carbide Employees Co Operative Nagar Phase-II is Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Union Carbide Employees Co Operative Nagar Phase-II is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles the registration of properties in the area.

How is the stamp duty calculated for properties in this locality?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value of Rs 580 per sq.ft would incur a stamp duty of Rs 40,600.