Guideline Value

Corporate

Guideline Value for NEW SUN CITY ANNEXE-II

₹1005/sq.ft.

The guideline value for New Sun City Annexe-ii in Sholavaram village (Redhills SRO, Chennai zone) is Rs 1005 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholavaram

Village

Redhills

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1005 /sq.ft.
From 1-4-2023 ₹1005 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 New Sun City Annexe-ii

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New Sun City Annexe-II guideline value

The current guideline value of New Sun City Annexe-II is Rs 1,005 per sq.ft, effective from 1 July 2024. This property is located in Sholavaram village under the Redhills SRO and is classified as Commercial Class I Type - II.

How the guideline value of New Sun City Annexe-II has changed

The guideline value for New Sun City Annexe-II has remained consistent over the years. The 2017 revision recorded a guideline value of Rs 1,005 per sq.ft, which was also the same for the 2023 revision. The current 2024 revision continues this figure at Rs 1,005 per sq.ft. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, there has been no change in the guideline value, maintaining a steady rate of Rs 1,005 per sq.ft throughout this period.

Guideline values in Sholavaram

In Sholavaram, there are 98 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 515 to Rs 3,500 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for New Sun City Annexe-II is above this median, indicating its relative position within the area.

Stamp duty and registration fee for property in New Sun City Annexe-II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,005 per sq.ft, the total guideline value would be Rs 10,05,000. The stamp duty at 7% would be Rs 70,350, and the registration fee at 2% would be Rs 20,100, resulting in a total of Rs 90,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers New Sun City Annexe-II?

The Sub Registrar Office that covers New Sun City Annexe-II is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sholavaram

The guideline value plays a crucial role during the registration of property transactions in Sholavaram. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of New Sun City Annexe-II?

The current guideline value of New Sun City Annexe-II is Rs 1,005 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for New Sun City Annexe-II has remained unchanged at Rs 1,005 per sq.ft since the 2017 revision, with no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification of New Sun City Annexe-II?

The land classification for New Sun City Annexe-II is Commercial Class I Type - II, indicating its suitability for commercial activities.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 10,05,000, the stamp duty would be Rs 70,350 and the registration fee would be Rs 20,100, totaling Rs 90,450. These fees are based on the higher of the guideline value or the sale price.

Where can I find the Sub Registrar Office for New Sun City Annexe-II?

The Redhills Sub Registrar Office covers New Sun City Annexe-II, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.