Guideline Value for KOHINOOR COMPLEX 3rd CROSS SALAI

₹3900/sq.ft.

The guideline value for Kohinoor Complex 3rd 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 3rd Cross Salai

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KOHINOOR COMPLEX 3rd CROSS SALAI guideline value

The current guideline value for KOHINOOR COMPLEX 3rd 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 the Residential Class I Type - I land classification.

How the guideline value of KOHINOOR COMPLEX 3rd CROSS SALAI has changed

The guideline value for KOHINOOR COMPLEX 3rd CROSS SALAI has seen significant changes over the years. In 2007, the value was Rs 750 per sq.ft, which rose to Rs 3,500 per sq.ft in 2012. However, it dropped to Rs 2,345 per sq.ft in 2017. The most recent revisions show an increase to Rs 3,500 per sq.ft in 2023, followed by another increase to Rs 3,900 per sq.ft in 2024. Notably, there are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a 49% increase, and from 2023 to 2024, the increase was 11%. The overall change from 2007 to 2024 is a remarkable 420%, highlighting the substantial growth in the guideline value over the years.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a guideline value for 2024, ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing KOHINOOR COMPLEX 3rd CROSS SALAI above this median.

Stamp duty and registration fee for property in KOHINOOR COMPLEX 3rd 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 or the sale price.

You can use the stamp duty and registration fee calculator for more information on fees applicable to your property transaction.

Which Sub Registrar Office covers KOHINOOR COMPLEX 3rd CROSS SALAI?

The KOHINOOR COMPLEX 3rd CROSS SALAI falls under the jurisdiction of 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 further assistance.

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

The guideline value plays a crucial role during property transactions in Enjambakkam. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value is essential for anyone looking to buy or sell property in the area, as it directly impacts the overall costs involved in the transaction. It is advisable to consult the latest figures to ensure accurate calculations.

Frequently asked questions

What is the current guideline value for KOHINOOR COMPLEX 3rd CROSS SALAI?

The current guideline value for KOHINOOR COMPLEX 3rd CROSS SALAI is Rs 3,900 per sq.ft, effective from 1 July 2024.

How much 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 this period.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the stamp duty would be Rs 2,73,000, and the registration fee would be Rs 78,000, totaling Rs 3,51,000 based on the current guideline value.

Which office handles registrations for KOHINOOR COMPLEX 3rd CROSS SALAI?

The Neelankarai Sub Registrar Office handles registrations for KOHINOOR COMPLEX 3rd CROSS SALAI, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

What is the median guideline value in Enjambakkam?

The median guideline value for the 253 streets in Enjambakkam is Rs 2,200 per sq.ft, with KOHINOOR COMPLEX 3rd CROSS SALAI being above this median at Rs 3,900 per sq.ft.