Guideline Value

Corporate

Guideline Value for JUHU BEACH ROAD I

₹4400/sq.ft.

The guideline value for Juhu Beach Road I 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 I

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Juhu Beach Road I guideline value

The current guideline value for Juhu Beach Road I is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Uthandi village and falls under the Neelankarai SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Juhu Beach Road I has changed

Over the years, the guideline value of Juhu Beach Road I has seen significant changes. The earliest recorded figure is from 2003, when the guideline value was Rs 310 per sq.ft. This value increased to Rs 500 per sq.ft in 2007, marking a substantial rise of 61%. In 2012, the guideline value was revised to Rs 4,000 per sq.ft, reflecting a remarkable increase of 700% from the previous revision. However, it decreased by 33% to Rs 2,680 per sq.ft in 2017. The guideline value then rose to Rs 4,000 per sq.ft in 2023, and most recently, it stands at Rs 4,400 per sq.ft as of the 2024 revision, which is a 10% increase from the previous year.

It is important to note that there is no recorded figure for Juhu Beach Road I in the 2002 revision. Overall, from 2003 to 2024, the guideline value has increased by 1319%.

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. Juhu Beach Road I's 2024 guideline value of Rs 4,400 per sq.ft is above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be 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 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 Juhu Beach Road I?

The Sub Registrar Office that covers Juhu Beach Road I 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Uthandi. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared with the sale price. The higher value is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Juhu Beach Road I?

The current guideline value for Juhu Beach Road I 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 increased from Rs 310 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 1319% over this period.

What is the stamp duty rate applicable for properties in Uthandi?

The stamp duty rate for properties in Uthandi is 7%, which is applied to the higher of the guideline value or the sale price during registration.

Where can I find the Neelankarai Sub Registrar Office?

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

What is the median guideline value for streets in Uthandi?

The median guideline value for streets in Uthandi is Rs 1,700 per sq.ft, with Juhu Beach Road I being above this median at Rs 4,400 per sq.ft.