Guideline Value

Corporate

Guideline Value for ELITE GRAND CITY PHASE VI

₹1000/sq.ft.

The guideline value for Elite Grand City Phase Vi in Nelllikuppam village (Thiruporur SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Nelllikuppam

Village

Thiruporur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

No.29, South Mada Street, Thiruporur-603110
044-27445228
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Elite Grand City Phase Vi

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Elite Grand City Phase VI guideline value

The current guideline value of Elite Grand City Phase VI is Rs 1,000 per sq.ft, effective from 1 July 2024. This property is located in Nelllikuppam village under the Thiruporur SRO, classified as Residential Special Type - I.

How the guideline value of Elite Grand City Phase VI has changed

According to the guideline value register, the revisions for Elite Grand City Phase VI show that there has been no change in the guideline value from the 2023 revision to the 2024 revision, maintaining a rate of Rs 1,000 per sq.ft. The 2023 revision also recorded a guideline value of Rs 1,000 per sq.ft. For the years 2017, 2012, 2007, 2003, and 2002, the register has no figure for this street.

This consistency in the guideline value indicates that there has been no increase or decrease in the valuation over the past two years. The 2024 revision has thus kept the value steady at Rs 1,000 per sq.ft, aligning with the median value observed in the village.

Guideline values in Nelllikuppam

Nelllikuppam village has a total of 45 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 1,600 per sq.ft. The median guideline value for these streets is Rs 1,000 per sq.ft, which is equal to the guideline value of Elite Grand City Phase VI.

Stamp duty and registration fee for property in Elite Grand City Phase VI

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total cost for these charges Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Elite Grand City Phase VI?

The Sub Registrar Office that covers Elite Grand City Phase VI is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a critical factor in the registration process when buying or selling property in Nelllikuppam. It serves as the minimum value for which the property can be registered, ensuring that the transaction is documented at a fair value as per the local regulations.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Elite Grand City Phase VI?

The current guideline value of Elite Grand City Phase VI is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Elite Grand City Phase VI has remained constant at Rs 1,000 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register.

What is the median guideline value in Nelllikuppam?

The median guideline value in Nelllikuppam for the 2024 revision is Rs 1,000 per sq.ft. This median value is the same as the guideline value for Elite Grand City Phase VI.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 10,00,000, the stamp duty is calculated at 7%, amounting to Rs 70,000, and the registration fee at 2% totals Rs 20,000, leading to a total cost of Rs 90,000 for these charges.

Where is the Sub Registrar Office for Elite Grand City Phase VI located?

The Thiruporur Sub Registrar Office, which covers Elite Grand City Phase VI, is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.