Guideline Value

Corporate

Guideline Value for KOHINOOR COMPLEX 1st CROSS SALAI

₹3900/sq.ft.

The guideline value for Kohinoor Complex 1st Cross Salai in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹750 /sq.ft.
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 Kohinoor Complex 1st Cross Salai

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KOHINOOR COMPLEX 1st CROSS SALAI guideline value

The current guideline value of KOHINOOR COMPLEX 1st CROSS SALAI is Rs 3,900 per sq.ft, effective from 1 July 2024. This property is located in Enjambakkam village, under the Neelankarai SRO, and is classified as Residential Class I Type - I.

How the guideline value of KOHINOOR COMPLEX 1st CROSS SALAI has changed

The guideline value has seen significant changes over the years. In 2007, the guideline value was Rs 750 per sq.ft. This rose dramatically to Rs 3,500 per sq.ft in 2012, marking an increase of 367%. However, between 2012 and 2017, the value decreased to Rs 2,345 per sq.ft, a decline of 33%. The value then increased again to Rs 3,500 per sq.ft in 2023, reflecting a rise of 49%. Most recently, the guideline value increased to Rs 3,900 per sq.ft in 2024, which is an 11% increase from the previous year.

It is important to note that the register has no figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 420%.

Guideline values in Enjambakkam

Enjambakkam has a total of 253 streets under the Neelankarai SRO, with 2024 guideline values ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median guideline value in the area is Rs 2,200 per sq.ft, placing KOHINOOR COMPLEX 1st CROSS SALAI above this median.

Stamp duty and registration fee for property in KOHINOOR COMPLEX 1st CROSS SALAI

For a 1,000 sq.ft plot at the current rate of Rs 3,900 per sq.ft, the guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, totaling Rs 3,51,000. It is important to note that 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 details.

Which Sub Registrar Office covers KOHINOOR COMPLEX 1st CROSS SALAI?

The KOHINOOR COMPLEX 1st CROSS SALAI falls under 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 Enjambakkam

The guideline value is a crucial factor in the registration process of property transactions in Enjambakkam. 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 sold, 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 government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of KOHINOOR COMPLEX 1st CROSS SALAI?

The current guideline value of KOHINOOR COMPLEX 1st CROSS SALAI is Rs 3,900 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 750 per sq.ft in 2007 to Rs 3,900 per sq.ft in 2024, reflecting an overall increase of 420% over the years.

What is the median guideline value in Enjambakkam?

The median guideline value in Enjambakkam is Rs 2,200 per sq.ft, with KOHINOOR COMPLEX 1st CROSS SALAI being above this median at Rs 3,900 per sq.ft.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a property valued at Rs 39,00,000, the total fees would amount to Rs 3,51,000.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for KOHINOOR COMPLEX 1st CROSS SALAI is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.