Guideline Value

Corporate

Guideline Value for GOWRI AMMAN CROSS STREET

₹1700/sq.ft.

The guideline value for Gowri Amman Cross Street in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹84 /sq.ft.
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 Gowri Amman Cross Street

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Gowri Amman Cross Street guideline value

The current guideline value for Gowri Amman Cross Street is Rs 1,700 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 IV Type - I.

How the guideline value of Gowri Amman Cross Street has changed

The guideline value for Gowri Amman Cross Street has seen significant changes over the years. In 2003, the value was Rs 84 per sq.ft, which increased to Rs 500 per sq.ft in 2007. The value then rose dramatically to Rs 1,500 per sq.ft in 2012, before dropping to Rs 1,005 per sq.ft in 2017. The 2023 revision set the value at Rs 1,500 per sq.ft, and the latest revision in 2024 has increased it to Rs 1,700 per sq.ft, marking a 13% rise from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 1924%. The register does not provide figures for the year 2002 for this street.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO, with guideline values ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, indicating that the 2024 guideline value for Gowri Amman Cross Street is below this median.

Stamp duty and registration fee for property in Gowri Amman Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total fees to Rs 1,53,000. 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 Gowri Amman Cross Street?

The Gowri Amman Cross Street is covered by 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Enjambakkam. It is used to determine the stamp duty and registration fees applicable when buying or selling property, ensuring that the transaction is recorded accurately in accordance with government regulations.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value for Gowri Amman Cross Street?

The current guideline value for Gowri Amman Cross Street is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 84 per sq.ft in 2003 to Rs 1,700 per sq.ft in 2024, marking an overall increase of 1924% over the years.

What are the guideline values for other streets in Enjambakkam?

Other streets in Enjambakkam have guideline values ranging from Rs 1,700 per sq.ft to Rs 7,200 per sq.ft, with a median value of Rs 2,200 per sq.ft.

What is the stamp duty for property in Gowri Amman Cross Street?

The stamp duty for a property valued at Rs 17,00,000 would be Rs 1,19,000, calculated at 7% of the guideline value.

Where is the Neelankarai Sub Registrar Office located?

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