Guideline Value

Corporate

Guideline Value for APMS 2nd STREET-CHINNADI KUPPAM

₹2800/sq.ft.

The guideline value for Apms 2nd Street-chinnadi Kuppam in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
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 Apms 2nd Street-chinnadi Kuppam

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APMS 2nd STREET-CHINNADI KUPPAM guideline value

The current guideline value of APMS 2nd STREET-CHINNADI KUPPAM is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Enjambakkam village, under the Neelankarai SRO, and is classified as Residential Class II Type - I.

How the guideline value of APMS 2nd STREET-CHINNADI KUPPAM has changed

The guideline value for APMS 2nd STREET-CHINNADI KUPPAM has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was later reduced to Rs 1,675 per sq.ft in the 2017 revision, reflecting a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%, reaching Rs 2,500 per sq.ft. The most recent revision in 2024 raised the guideline value to Rs 2,800 per sq.ft, marking a 12% increase from the previous year.

It is important to note that the register has no figures for APMS 2nd STREET-CHINNADI KUPPAM for the years 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 7,200 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value of APMS 2nd STREET-CHINNADI KUPPAM is above this median.

Stamp duty and registration fee for property in APMS 2nd STREET-CHINNADI KUPPAM

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value would be Rs 28,00,000. The stamp duty at 7% would amount to Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, bringing the total fees to Rs 2,52,000. 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 more accurate calculations.

Which Sub Registrar Office covers APMS 2nd STREET-CHINNADI KUPPAM?

The APMS 2nd STREET-CHINNADI KUPPAM falls under the jurisdiction of 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 information.

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

The guideline value is a critical factor in property transactions in Enjambakkam, as it determines the minimum value at which a property can be registered. Buyers and sellers must be aware that the guideline value affects the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value is used to calculate the stamp duty, which is charged on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of APMS 2nd STREET-CHINNADI KUPPAM?

The current guideline value of APMS 2nd STREET-CHINNADI KUPPAM is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then back to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,800 per sq.ft in 2024.

What is the land classification for APMS 2nd STREET-CHINNADI KUPPAM?

APMS 2nd STREET-CHINNADI KUPPAM is classified as Residential Class II Type - I.

Where can I find the Neelankarai Sub Registrar Office?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is the stamp duty calculated for properties in Enjambakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. This ensures that the correct amount is paid during the registration process.