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Guideline Value

Corporate

Guideline Value for KUDUMIYANDHI THOPE DR.AMBEDKAR 5TH CROSS STREET

₹2200/sq.ft.

The guideline value for Kudumiyandhi Thope Dr.ambedkar 5th 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 5th Cross Street

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Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street guideline value

The current guideline value of Kudumiyandhi Thope Dr.Ambedkar 5th 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 5th Cross Street has changed

The guideline value register for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 2,200 per sq.ft.

The 2024 revision is the first recorded figure for this street, aligning with the median guideline value for the village. There have been no changes between the revisions, as there were no prior figures available for this street.

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 value is Rs 2,200 per sq.ft, which is the same as the current value for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street.

Stamp duty and registration fee for property in Kudumiyandhi Thope Dr.Ambedkar 5th 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 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, leading to a total of Rs 1,98,000. Duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street?

The Kudumiyandhi Thope Dr.Ambedkar 5th 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 details.

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

The guideline value plays a crucial role in property transactions in Sholinganallur - 1, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.

It is essential for buyers and sellers to be aware of the guideline value, as it can affect the overall cost of property transactions. The value is updated periodically, reflecting changes in the real estate market and local regulations.

Frequently asked questions

What is the current guideline value for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street?

The current guideline value for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street?

The land classification for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street is Residential Class II Type - III.

Which Sub Registrar Office covers this street?

The Neelankarai Sub Registrar Office covers Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

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

Stamp duty for properties in Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applied to the guideline value.

Are there any previous guideline values for this street?

The guideline value register has no figures for Kudumiyandhi Thope Dr.Ambedkar 5th Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision, which is Rs 2,200 per sq.ft.