Guideline Value

Corporate

Guideline Value for KOHINOOR COMPLEX 2nd CROSS SALAI

₹3900/sq.ft.

The guideline value for Kohinoor Complex 2nd 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 2nd Cross Salai

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KOHINOOR COMPLEX 2nd CROSS SALAI guideline value

The current guideline value of KOHINOOR COMPLEX 2nd 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 falls under Residential Class I Type - I land classification.

How the guideline value of KOHINOOR COMPLEX 2nd CROSS SALAI has changed

The guideline value for KOHINOOR COMPLEX 2nd CROSS SALAI has seen several revisions over the years. In 2007, the value was Rs 750 per sq.ft, which increased significantly to Rs 3,500 per sq.ft in 2012. However, it then decreased to Rs 2,345 per sq.ft in 2017. The value rose again to Rs 3,500 per sq.ft in 2023, and now stands at Rs 3,900 per sq.ft for the 2024 revision. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.

From 2017 to 2023, the value increased by 49%, and from 2023 to 2024, it has gone up by 11%. The overall increase from 2007 to 2024 is a remarkable 420%, reflecting the changes in the property market over the years.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 7,200 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value of KOHINOOR COMPLEX 2nd CROSS SALAI is above this median.

Stamp duty and registration fee for property in KOHINOOR COMPLEX 2nd 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 the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers KOHINOOR COMPLEX 2nd CROSS SALAI?

The KOHINOOR COMPLEX 2nd CROSS SALAI 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 information.

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

The guideline value is a crucial factor when registering property transactions in Enjambakkam. It serves as a benchmark for determining the minimum value at which properties can be sold, ensuring transparency in the transaction process.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers need to be aware of the guideline value to understand the financial implications of their purchase, as these fees are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of KOHINOOR COMPLEX 2nd CROSS SALAI?

The current guideline value of KOHINOOR COMPLEX 2nd 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 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 are the other streets in Enjambakkam with similar values?

Other streets in Enjambakkam with similar guideline values include KOHINOOR COMPLEX 1st CROSS SALAI, KOHINOOR COMPLEX 3rd CROSS SALAI, and Kohinoor Complex, all at Rs 3,900 per sq.ft in 2024.

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 stamp duty calculated for properties in KOHINOOR COMPLEX 2nd CROSS SALAI?

Stamp duty for properties in KOHINOOR COMPLEX 2nd CROSS SALAI is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 2,73,000 based on the current guideline value.