Guideline Value for ELIOTS BEACH ROAD

₹12650/sq.ft.

The guideline value for Eliots Beach Road in Thiruvanmiyur village (Chennai South Joint I SRO, Chennai zone) is Rs 12650 per sq.ft, effective 1 July 2024. It was Rs 11500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruvanmiyur

Village

Chennai South Joint I

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹12650 /sq.ft.
From 1-4-2023 ₹11500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹7705 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹11500 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Eliots Beach Road

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Eliots Beach Road guideline value

The current guideline value of Eliots Beach Road is Rs 12,650 per sq.ft, effective from 1 July 2024. This street is located in Thiruvanmiyur village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Eliots Beach Road has changed

The guideline value for Eliots Beach Road has seen several revisions over the years. In 2012, the value was Rs 11,500 per sq.ft, which then decreased to Rs 7,705 per sq.ft in 2017. Following this, the value increased significantly to Rs 11,500 per sq.ft in 2023, and most recently, it rose to Rs 12,650 per sq.ft in 2024, marking a 10% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 10%. The changes between the revisions include a 49% increase from 2017 to 2023 and a 33% decrease from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thiruvanmiyur

In Thiruvanmiyur, there are 484 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 3,520 to Rs 12,660 per sq.ft, with a median value of Rs 9,900 per sq.ft. Eliots Beach Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Eliots Beach Road

For a 1,000 sq.ft plot at the current guideline value of Rs 12,650 per sq.ft, the total guideline value would be Rs 1,26,50,000. The stamp duty at 7% would amount to Rs 8,85,500, and the registration fee at 2% would be Rs 2,53,000, bringing the total to Rs 11,38,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Eliots Beach Road?

The Sub Registrar Office that covers Eliots Beach Road is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Thiruvanmiyur. It serves as a benchmark for determining the minimum price at which a property can be sold or purchased, ensuring that transactions are conducted transparently and fairly.

When you buy or sell property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both the buyer and seller are aware of the financial implications of their transaction based on the established guideline values.

Frequently asked questions

What is the current guideline value of Eliots Beach Road?

The current guideline value of Eliots Beach Road is Rs 12,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 11,500 per sq.ft in 2012 to Rs 7,705 per sq.ft in 2017, then to Rs 11,500 per sq.ft in 2023, and finally to Rs 12,650 per sq.ft in 2024.

What is the land classification for Eliots Beach Road?

The land classification for Eliots Beach Road is Residential Special Type - I.

What are the other streets in Thiruvanmiyur with their guideline values?

Other streets in Thiruvanmiyur include East Sea Cross Street at Rs 12,650 per sq.ft, East Mada Veethi at Rs 7,160 per sq.ft, and East Coastal Road at Rs 12,650 per sq.ft, among others.

Where is the Sub Registrar Office located for Eliots Beach Road?

The Sub Registrar Office for Eliots Beach Road is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.