Guideline Value

Corporate

Guideline Value for ADHITHTYA RAM Studio's

₹4400/sq.ft.

The guideline value for Adhithtya Ram Studio's in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Adhithtya Ram Studio's

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ADHITHTYA RAM Studio's guideline value

The current guideline value for ADHITHTYA RAM Studio's is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Sholinganallur - 1 village under the Neelankarai SRO, classified as Residential Special Type - V.

How the guideline value of ADHITHTYA RAM Studio's has changed

Over the years, the guideline value of ADHITHTYA RAM Studio's has seen significant changes. The earliest recorded revision in the register is from 2017, where the value was Rs 2,680 per sq.ft. This figure increased to Rs 4,000 per sq.ft in the 2023 revision, marking a 49% rise. The latest revision in 2024 set the guideline value at Rs 4,400 per sq.ft, which is a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. The 2024 guideline value of Rs 4,400 per sq.ft is above the median value of Rs 2,200 per sq.ft for the 754 streets in Sholinganallur - 1 under the Neelankarai SRO.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, the guideline values range from Rs 1,000 to Rs 8,800 per sq.ft, with a median of Rs 2,200 per sq.ft. ADHITHTYA RAM Studio's guideline value is above this median, reflecting its unique position within the area.

Stamp duty and registration fee for property in ADHITHTYA RAM Studio's

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total fees to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers ADHITHTYA RAM Studio's?

The Sub Registrar Office that covers ADHITHTYA RAM Studio's is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. To find your specific SRO, visit find your SRO.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value plays a crucial role during property registration in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is officially recorded in accordance with government regulations.

When buying or selling property, the guideline value is referenced to calculate the applicable fees. This value serves as a benchmark for property transactions, ensuring transparency and consistency in the real estate market.

Frequently asked questions

What is the current guideline value for ADHITHTYA RAM Studio's?

The current guideline value for ADHITHTYA RAM Studio's is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,680 per sq.ft in 2017 to Rs 4,400 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What is the median guideline value in Sholinganallur - 1?

The median guideline value in Sholinganallur - 1 is Rs 2,200 per sq.ft, while ADHITHTYA RAM Studio's value is above this median.

What are the stamp duty and registration fees for a property in ADHITHTYA RAM Studio's?

The stamp duty for a property valued at Rs 44,00,000 would be Rs 3,08,000, and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which Sub Registrar Office covers this area?

The Neelankarai Sub Registrar Office covers ADHITHTYA RAM Studio's, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.