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Guideline Value

Corporate

Guideline Value for KUDUMIYANDHI THOPE CANAL STREET (SCHOOL STREET)

₹2200/sq.ft.

The guideline value for Kudumiyandhi Thope Canal Street (school Street) in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
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 Kudumiyandhi Thope Canal Street (school Street)

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Kudumiyandhi Thope Canal Street (School Street) guideline value

The current guideline value of Kudumiyandhi Thope Canal Street (School Street) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the Sholinganallur - 1 village under the Neelankarai SRO, and is classified as Residential Class II Type - III.

How the guideline value of Kudumiyandhi Thope Canal Street (School Street) has changed

The guideline value register for Kudumiyandhi Thope Canal Street (School Street) shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 2,200 per sq.ft.

As per the 2024 revision, there have been no changes in the guideline value for this street since the previous revisions. The 2024 figure aligns with the median guideline value of Rs 2,200 per sq.ft for the village of Sholinganallur - 1.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO, with guideline values ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, which is the same as the current guideline value for Kudumiyandhi Thope Canal Street (School Street).

Stamp duty and registration fee for property in Kudumiyandhi Thope Canal Street (School Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total fees together to Rs 1,98,000. Please note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Kudumiyandhi Thope Canal Street (School Street)?

The Kudumiyandhi Thope Canal Street (School Street) falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value plays a crucial role in the registration process when buying or selling property in Sholinganallur - 1. It serves as a benchmark for calculating the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is considered to ensure that the transaction is registered at a value that reflects the current market conditions. This helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Kudumiyandhi Thope Canal Street?

The current guideline value of Kudumiyandhi Thope Canal Street (School Street) is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification for Kudumiyandhi Thope Canal Street?

Kudumiyandhi Thope Canal Street is classified as Residential Class II Type - III according to the guideline value register.

What other streets have the same guideline value in Sholinganallur - 1?

Other streets in Sholinganallur - 1 that share the same guideline value of Rs 2,200 per sq.ft include Kudumiyandhi Thope, Kudumiyandhi Thope Deen Nabar Main Road, and several streets named after Dr. Ambedkar.

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 Kudumiyandhi Thope Canal Street?

Stamp duty for properties in Kudumiyandhi Thope Canal Street is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is also applicable.