Guideline Value

Corporate

Guideline Value for NARAYANASAMY NAICKER 4th STREET

₹2800/sq.ft.

The guideline value for Narayanasamy Naicker 4th Street in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
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 Narayanasamy Naicker 4th Street

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NARAYANASAMY NAICKER 4th STREET guideline value

The current guideline value of NARAYANASAMY NAICKER 4th STREET is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in the Sholinganallur - 1 village under the Neelankarai SRO and falls under the Residential Class II Type - II land classification.

How the guideline value of NARAYANASAMY NAICKER 4th STREET has changed

The guideline value for NARAYANASAMY NAICKER 4th STREET has undergone several revisions over the years. The 2017 revision recorded a guideline value of Rs 1,675 per sq.ft. This increased to Rs 2,500 per sq.ft in the 2023 revision, marking a 49% increase from the 2017 figure. The 2024 revision further raised the value to Rs 2,800 per sq.ft, reflecting a 12% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for NARAYANASAMY NAICKER 4th STREET. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 67%.

Guideline values in Sholinganallur - 1

In the Sholinganallur - 1 village, the guideline values range from Rs 1,000 to Rs 8,800 per sq.ft as of 2024, with a median value of Rs 2,200 per sq.ft. NARAYANASAMY NAICKER 4th STREET's current guideline value is above this median.

Stamp duty and registration fee for property in NARAYANASAMY NAICKER 4th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 2,800 per sq.ft, the total guideline value would be Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, leading to a total of Rs 2,52,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers NARAYANASAMY NAICKER 4th STREET?

The NARAYANASAMY NAICKER 4th 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. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration process of property transactions in Sholinganallur - 1. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is compared with the sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of NARAYANASAMY NAICKER 4th STREET?

The current guideline value of NARAYANASAMY NAICKER 4th STREET is Rs 2,800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,675 per sq.ft to Rs 2,800 per sq.ft in 2024, which is a total increase of 67% over the years.

Which Sub Registrar Office covers this street?

The Neelankarai Sub Registrar Office covers NARAYANASAMY NAICKER 4th STREET, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

What is the stamp duty for a property in NARAYANASAMY NAICKER 4th STREET?

The stamp duty for a property valued at Rs 28,00,000 in NARAYANASAMY NAICKER 4th STREET would be Rs 1,96,000, calculated at 7% of the guideline value.

Are there other streets with the same guideline value?

Yes, several other streets in Sholinganallur - 1 have the same guideline value of Rs 2,800 per sq.ft, including NARAYANASAMY NAICKER 3rd STREET, 5th STREET, 2nd STREET, and Narayanasamy Naicker Main Road.