Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street)

₹6600/sq.ft.

The guideline value for Kalaingnar Karunanidhi Salai (akkarai Joint Street) in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
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 Kalaingnar Karunanidhi Salai (akkarai Joint Street)

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street) guideline value

The current guideline value of KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street) is Rs 6,600 per sq.ft, effective from 1 July 2024. This street is located in Sholinganallur - 1 village under the Neelankarai SRO, and it falls under the Residential Special Type - II land classification.

How the guideline value of KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street) has changed

The guideline value for KALAINGNAR KARUNANIDHI SALAI has undergone several revisions over the years. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 6,000 per sq.ft, and it increased by 10% to Rs 6,600 per sq.ft in the 2024 revision.

This increase reflects a change from Rs 6,000 in 2023 to Rs 6,600 in 2024. The latest figure is significantly above the median guideline value of Rs 2,200 per sq.ft for the 754 streets in Sholinganallur - 1 under the Neelankarai SRO.

Guideline values in Sholinganallur - 1

The guideline values for properties in Sholinganallur - 1 range from Rs 1,000 to Rs 8,800 per sq.ft, with a median of Rs 2,200 per sq.ft. KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street) is positioned above this median.

Stamp duty and registration fee for property in KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street)

For a 1,000 sq.ft plot at the current rate of Rs 6,600 per sq.ft, the guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, totaling Rs 5,94,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street)?

The Sub Registrar Office that covers KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street) 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 Sholinganallur - 1

The guideline value is an essential factor 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 when buying or selling property.

When a property is registered, the guideline value helps ensure that the transaction is documented at a fair value, which is crucial for legal and taxation purposes. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of KALAINGNAR KARUNANIDHI SALAI?

The current guideline value of KALAINGNAR KARUNANIDHI SALAI (Akkarai Joint Street) is Rs 6,600 per sq.ft, effective from 1 July 2024.

How much was the guideline value in 2023?

In 2023, the guideline value for KALAINGNAR KARUNANIDHI SALAI was Rs 6,000 per sq.ft.

What is the land classification for KALAINGNAR KARUNANIDHI SALAI?

KALAINGNAR KARUNANIDHI SALAI falls under the Residential Special Type - II land classification.

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.

How is the stamp duty calculated for properties in KALAINGNAR KARUNANIDHI SALAI?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 6,600 per sq.ft incurs a stamp duty of Rs 4,62,000.