Guideline Value

Corporate

Guideline Value for NOODEEN/BHAPER GARDEN

₹1100/sq.ft.

The guideline value for Noodeen/bhaper Garden in Uthandi village (Neelankarai SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthandi

Village

Neelankarai

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
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 Noodeen/bhaper Garden

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Noodeen/Bhaper Garden guideline value

The current guideline value of Noodeen/Bhaper Garden is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Uthandi village, under the Neelankarai SRO, and is classified as Residential Class III Type - I.

How the guideline value of Noodeen/Bhaper Garden has changed

The guideline value for Noodeen/Bhaper Garden has undergone several revisions over the years. In 2012, the guideline value was Rs 1,000 per sq.ft, which decreased to Rs 670 per sq.ft in 2017. This was a decline of 33%. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back up to Rs 1,000 per sq.ft. The latest revision in 2024 set the guideline value at Rs 1,100 per sq.ft, marking a 10% increase from the previous year.

There are no figures available for the years 2002, 2003, and 2007 for this street, indicating that the register does not provide data for those years.

Guideline values in Uthandi

In Uthandi, there are 197 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 14,700 per sq.ft, with a median value of Rs 1,700 per sq.ft. The guideline value for Noodeen/Bhaper Garden is below this median.

Stamp duty and registration fee for property in Noodeen/Bhaper Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total cost for these fees to Rs 99,000. It is important to note that the 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 Noodeen/Bhaper Garden?

Noodeen/Bhaper Garden 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 further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Uthandi. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, which are essential for the legal transfer of ownership.

It is important for buyers and sellers to be aware of the guideline value, as it can significantly impact the overall cost of the transaction. Ensuring that the property is registered at the correct guideline value helps in maintaining transparency and legality in property dealings.

Frequently asked questions

What is the current guideline value of Noodeen/Bhaper Garden?

The current guideline value of Noodeen/Bhaper Garden is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then back to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What other streets have guideline values in Uthandi?

Other streets in Uthandi include Olive Sands at Rs 4,400 per sq.ft, Onigoe Technologies Property at Rs 1,100 per sq.ft, Neela Garden at Rs 1,100 per sq.ft, Palm Springs at Rs 2,200 per sq.ft, Palm Springs Garden at Rs 2,200 per sq.ft, and Natarajan Garden at Rs 1,100 per sq.ft.

What are the stamp duty and registration fees for properties in Noodeen/Bhaper Garden?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000 and the registration fee would be Rs 22,000, totaling Rs 99,000. These fees are based on the higher of the guideline value or the sale price.

Which office handles registrations for Noodeen/Bhaper Garden?

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