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Guideline Value

Corporate

Guideline Value for KUDUMIYANDHI THOPE DR.AMBEDKAR 4TH CROSS STREET

₹2200/sq.ft.

The guideline value for Kudumiyandhi Thope Dr.ambedkar 4th 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 4th Cross Street

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Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street guideline value

The current guideline value for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 and falls 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 4th Cross Street has changed

The guideline value register for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is the 2024 revision, which sets the guideline value at Rs 2,200 per sq.ft.

Prior to the 2024 revision, there were no figures available for this street in the guideline value register. Thus, the current figure marks the first recorded guideline value for this street.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO that carry a 2024 guideline value ranging 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 4th Cross Street is equal to this median value.

Stamp duty and registration fee for property in Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. 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 information.

Which Sub Registrar Office covers Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street?

The Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street is covered by the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Sholinganallur - 1. It serves as a benchmark for determining the registration fees and stamp duty applicable during the registration process.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the value of the property as determined by the local authorities. This helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street?

The current guideline value for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street?

The land classification for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street is Residential Class II Type - III.

Which Sub Registrar Office manages the registration for this street?

The Neelankarai Sub Registrar Office manages the registration for Kudumiyandhi Thope Dr.Ambedkar 4th Cross Street, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 22,00,000 would incur a stamp duty of Rs 1,54,000 at 7%.

Are there other streets with the same guideline value in Sholinganallur - 1?

Yes, there are several other streets in Sholinganallur - 1 that share the same guideline value of Rs 2,200 per sq.ft, including Kudumiyandhi Thope Dr.Ambedkar 3rd Cross Street and Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street.