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Guideline Value

Corporate

Guideline Value for KUDUMIYANDHI THOPE DR.AMBEDKAR 2ND CROSS STREET

₹2200/sq.ft.

The guideline value for Kudumiyandhi Thope Dr.ambedkar 2nd Cross 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 Dr.ambedkar 2nd Cross Street

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Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street guideline value

The current guideline value of Kudumiyandhi Thope Dr.Ambedkar 2nd Cross 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. The land classification for this area is Residential Class II Type - III.

How the guideline value of Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street has changed

The guideline value register does not have figures for Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 2,200 per sq.ft.

Since there have been no figures recorded for this street in the previous revisions, there are no changes to report between the revisions above. The 2024 guideline value is equal to the median figure for the 754 streets in Sholinganallur - 1, which also stands at Rs 2,200 per sq.ft.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, the guideline values range from Rs 1,000 to Rs 8,800 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street matches this median. The following are other streets in Sholinganallur - 1:

Stamp duty and registration fee for property in Kudumiyandhi Thope Dr.Ambedkar 2nd Cross 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, totaling 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street?

The Kudumiyandhi Thope Dr.Ambedkar 2nd Cross 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. 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 a crucial factor when registering property transactions in Sholinganallur - 1. It serves as a reference point for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street?

The current guideline value of Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification for this street?

The land classification for Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street is Residential Class II Type - III.

How does the guideline value compare to other streets in the area?

The guideline value of Rs 2,200 per sq.ft for Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street is equal to the median value of other streets in Sholinganallur - 1, which ranges from Rs 1,000 to Rs 8,800 per sq.ft.

Where can I find more information about stamp duty and registration fees?

You can find more information about stamp duty and registration fees by using the stamp duty and registration fee calculator available online.

Which office handles registrations for this street?

The Neelankarai Sub Registrar Office handles registrations for Kudumiyandhi Thope Dr.Ambedkar 2nd Cross Street, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.