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Guideline Value for GRAMA NEDUNCHALAI SCHOOL STREET - C.G.S.FARM 1ST JOINT STREET

₹2200/sq.ft.

The guideline value for Grama Nedunchalai School Street - C.g.s.farm 1st Joint Street in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
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)

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 Grama Nedunchalai School Street - C.g.s.farm 1st Joint Street

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Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street guideline value

The current guideline value for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 and falls under the Neelankarai SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street has changed

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street. The most recent revision is from 2024, which sets the guideline value at Rs 2,200 per sq.ft.

There have been no changes between the revisions above, with the 2024 figure being the first recorded value for this street.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, which is equal to the guideline value of Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street.

Stamp duty and registration fee for property in Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total fees together Rs 1,98,000. 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 further calculations.

Which Sub Registrar Office covers Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street?

The Grama Nedunchalai School Street - C.G.S.Farm 1st Joint 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 information.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value plays a crucial role in the registration process of property transactions in Sholinganallur - 1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of property registration.

When buying or selling property, 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 ensures that the registration process is standardized and transparent.

Frequently asked questions

What is the current guideline value for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street?

The current guideline value for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification for this street?

The land classification for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street is Residential Class II Type - III.

How has the guideline value changed over the years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for this street. The only recorded value is from the 2024 revision, which is Rs 2,200 per sq.ft.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles the registration for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street?

The Neelankarai Sub Registrar Office handles the registration for Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai.