Guideline Value

Corporate

Guideline Value for ADITYARAM TOWNSHIP PHASE I

₹6600/sq.ft.

The guideline value for Adityaram Township Phase I in Sholinganallur - 2 village (Neelankarai SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 2

Village

Neelankarai

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /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 Adityaram Township Phase I

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Adityaram Township Phase I guideline value

The current guideline value of Adityaram Township Phase I is Rs 6,600 per sq.ft, effective from 1 July 2024. This property is located in Sholinganallur - 2 village, under the Neelankarai SRO, and is classified as Residential Special Type - II.

How the guideline value of Adityaram Township Phase I has changed

Since the 2017 revision, the guideline value has seen significant changes. In 2017, the guideline value was Rs 4,020 per sq.ft. This increased to Rs 6,000 per sq.ft in 2023, marking a change of 49%. The most recent revision in 2024 has set the guideline value at Rs 6,600 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 figures available for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sholinganallur - 2

In Sholinganallur - 2, there are 40 streets under the Neelankarai SRO that carry a 2024 guideline value, ranging from Rs 1,700 to Rs 8,650 per sq.ft. The median value for these streets is Rs 4,400 per sq.ft, placing Adityaram Township Phase I's 2024 figure above that median.

Stamp duty and registration fee for property in Adityaram Township Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty, charged at 7%, would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, bringing the total fees to Rs 5,94,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Adityaram Township Phase I?

The Sub Registrar Office that covers Adityaram Township Phase I is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more assistance.

How the guideline value is used when you buy or sell in Sholinganallur - 2

The guideline value is a crucial factor during the registration of property transactions. It serves as the minimum value for which properties can be registered and helps in determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property in Sholinganallur - 2, it is essential to be aware of the current guideline value, as it impacts the overall costs involved in the transaction. Buyers should ensure that the sale price is at least equal to the guideline value to avoid any legal complications during registration.

Frequently asked questions

What is the current guideline value of Adityaram Township Phase I?

The current guideline value of Adityaram Township Phase I is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,020 per sq.ft in 2017 to Rs 6,600 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What are the other streets in Sholinganallur - 2 with similar guideline values?

Other streets in Sholinganallur - 2 with similar guideline values include Adityaram Palace City Pradise and Manoharan's Enclave, both at Rs 6,600 per sq.ft in 2024.

What are the stamp duty and registration fees for properties in Adityaram Township Phase I?

For a 1,000 sq.ft plot, the total guideline value is Rs 66,00,000. The stamp duty at 7% is Rs 4,62,000, and the registration fee at 2% is Rs 1,32,000, totaling Rs 5,94,000.

Which office handles property registrations for Adityaram Township Phase I?

The Neelankarai Sub Registrar Office handles property registrations for Adityaram Township Phase I. It is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.