Guideline Value for GRAMA NEDUNCHALAI SCHOOL STREET

Grama Nedunchalai School Street guideline value

The current guideline value of Grama Nedunchalai School Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1, under the Neelankarai SRO, and is classified as Residential Class II Type - III.

How the guideline value of Grama Nedunchalai School Street has changed

The guideline value register has no figures for Grama Nedunchalai School Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision that has a figure is the 2024 revision, which is set at Rs 2,200 per sq.ft.

As there are no figures available for the previous years, it is not possible to discuss changes between revisions. The 2024 guideline value of Rs 2,200 per sq.ft is equal to the median guideline value for the village.

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 is Rs 2,200 per sq.ft, which is the same as the guideline value for Grama Nedunchalai School Street.

• Grama Nedunchalai School Cross Street: Rs 2,200 per sq.ft (2024)
• Grama Nedunchalai School Street - C.G.S.Farm 1st Joint Street: Rs 2,200 per sq.ft (2024)
• Grama Nedunchalai 3rd Cross Street Extension: Rs 2,200 per sq.ft (2024)
• Grama Nedunchalai 2nd Cross Street Extension: Rs 2,200 per sq.ft (2024)
• Grama Nedunchalai 20th Cross Street: Rs 2,200 per sq.ft (2024)
• Grama Nedunchalai 1st Cross Street Extension: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Grama Nedunchalai School 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, while the registration fee at 2% would be Rs 44,000, together totaling Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Grama Nedunchalai School Street?

The Grama Nedunchalai School 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 Sholinganallur - 1

The guideline value plays a crucial role in the registration process when buying or selling property in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

Buyers and sellers must be aware that the guideline value is a reference point for property transactions. It ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of Grama Nedunchalai School Street?

The current guideline value of Grama Nedunchalai School Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification of Grama Nedunchalai School Street?

Grama Nedunchalai School Street is classified as Residential Class II Type - III.

How many streets are there in Sholinganallur - 1 under the Neelankarai SRO?

There are 754 streets in Sholinganallur - 1 under the Neelankarai SRO that carry a 2024 guideline value.

What is the median guideline value for streets in Sholinganallur - 1?

The median guideline value for streets in Sholinganallur - 1 is Rs 2,200 per sq.ft.

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.