Guideline Value for KUDUMIYANDHI THOPE MOSQUE CROSS STREET

Kudumiyandhi Thope Mosque Cross Street guideline value

The current guideline value for Kudumiyandhi Thope Mosque Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in 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 Mosque Cross Street has changed

The guideline value register has no figures for Kudumiyandhi Thope Mosque Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the value at Rs 2,200 per sq.ft.

Prior to the 2024 revision, there were no recorded figures for this street. Therefore, the 2024 guideline value is the first figure available for Kudumiyandhi Thope Mosque Cross Street.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1 village, a total of 754 streets 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. Kudumiyandhi Thope Mosque Cross Street's 2024 figure is equal to this median.

• Kudumiyandhi Thope M.G.R.Nagar 3rd Road: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope Padavettamman Koil 1st Cross Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope M.G.R.Nagar 2nd Street Extension: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope Padavettamman Koil 2nd Street 3rd Cross Street: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope M.G.R.Nagar 2nd Road: Rs 2,200 per sq.ft (2024)
• Kudumiyandhi Thope Padavettamman Koil Cross Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Kudumiyandhi Thope Mosque Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the 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. 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 further assistance.

Which Sub Registrar Office covers Kudumiyandhi Thope Mosque Cross Street?

The Kudumiyandhi Thope Mosque 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 in property transactions in Sholinganallur - 1. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both parties. It is essential to understand that the duty is calculated based on the higher of the guideline value or the sale price, which can impact the total cost of the transaction.

Frequently asked questions

What is the current guideline value for Kudumiyandhi Thope Mosque Cross Street?

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

What land classification does Kudumiyandhi Thope Mosque Cross Street fall under?

Kudumiyandhi Thope Mosque Cross Street is classified as Residential Class II Type - III.

How many revisions have there been for the guideline value of this street?

The guideline value register has no figures for Kudumiyandhi Thope Mosque Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision.

What is the total stamp duty and registration fee for a property on this street?

For a 1,000 sq.ft property valued at Rs 22,00,000, the total stamp duty and registration fee would be Rs 1,98,000, which includes Rs 1,54,000 for stamp duty and Rs 44,000 for registration fee.

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.