Guideline Value for KUDUMIYANDHI THOPE

₹2200/sq.ft.

The guideline value for Kudumiyandhi Thope 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

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Kudumiyandhi Thope guideline value

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

How the guideline value of Kudumiyandhi Thope has changed

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

As there are no previous figures for this street, the 2024 revision stands alone, with no changes recorded between revisions.

Guideline values in Sholinganallur - 1

In the village of 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 matches the current value for Kudumiyandhi Thope.

Stamp duty and registration fee for property in Kudumiyandhi Thope

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 22,00,000. The stamp duty at 7% amounts to Rs 1,54,000, and the registration fee at 2% is Rs 44,000, resulting in a total of 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 details.

Which Sub Registrar Office covers Kudumiyandhi Thope?

The Kudumiyandhi Thope area falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. To locate your office, visit find your SRO.

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

The guideline value is a critical factor when registering property transactions in Sholinganallur - 1. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Kudumiyandhi Thope?

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

Are there any previous guideline values for Kudumiyandhi Thope?

The register has no figures for Kudumiyandhi Thope for the years 2002, 2003, 2007, 2012, 2017, and 2023.

How is the guideline value determined?

The guideline value is determined by the Registration Department's guideline value register, which assesses various factors including land classification and locality.

What are the stamp duty rates for properties in Kudumiyandhi Thope?

The stamp duty for properties in Kudumiyandhi Thope is charged at 7% of the guideline value or sale price, whichever is higher.

Which office handles property registrations for Kudumiyandhi Thope?

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