Guideline Value

Corporate

Guideline Value for JUHU BEACH ROAD II

₹4400/sq.ft.

The guideline value for Juhu Beach Road Ii in Uthandi village (Neelankarai SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthandi

Village

Neelankarai

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹310 /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 Juhu Beach Road Ii

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Juhu Beach Road II guideline value

The current guideline value of Juhu Beach Road II is Rs 4,400 per sq.ft, effective from 1 July 2024. This road is located in Uthandi village, under the Neelankarai SRO, and is classified as Residential Special Type - III.

How the guideline value of Juhu Beach Road II has changed

The guideline value for Juhu Beach Road II has seen several revisions over the years. In the 2003 revision, the value was Rs 310 per sq.ft, which increased to Rs 500 per sq.ft in 2007. The 2012 revision saw a significant rise to Rs 4,000 per sq.ft, but this was followed by a decrease to Rs 2,680 per sq.ft in 2017. The value then increased sharply to Rs 4,000 per sq.ft in 2023, and finally, the current value is Rs 4,400 per sq.ft as per the 2024 revision. Notably, there is no figure available for the year 2002 in the register for this street.

Between the revisions, there have been notable changes. From 2003 to 2007, the guideline value increased by 61%. The increase from 2007 to 2012 was a remarkable 700%. However, from 2012 to 2017, there was a decrease of 33%. The value then surged by 49% from 2017 to 2023, and finally, there has been a 10% increase from 2023 to 2024. Overall, from 2003 to 2024, the guideline value has increased by 1,319%.

Guideline values in Uthandi

In Uthandi, there are 197 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 14,700 per sq.ft, with a median value of Rs 1,700 per sq.ft. The guideline value for Juhu Beach Road II is above this median.

Stamp duty and registration fee for property in Juhu Beach Road II

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total cost for these fees to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Juhu Beach Road II?

The Sub Registrar Office that covers Juhu Beach Road II is 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 Uthandi

The guideline value plays a crucial role in property transactions in Uthandi. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must be aware of the current guideline value as it directly impacts the overall cost of the transaction.

When a property is bought or sold, the guideline value is referenced to ensure that the transaction is recorded accurately. This helps in maintaining transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Juhu Beach Road II?

The current guideline value of Juhu Beach Road II is Rs 4,400 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 310 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 1,319% over this period.

What is the land classification for Juhu Beach Road II?

Juhu Beach Road II is classified as Residential Special Type - III, which indicates its intended use and zoning regulations.

What are the stamp duty and registration fees for properties in Juhu Beach Road II?

For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

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.