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Guideline Value

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Guideline Value for PANAIYUR KUPPAM SCHOOL 2ND STREET 1ST CROSS LANE

₹2200/sq.ft.

The guideline value for Panaiyur Kuppam School 2nd Street 1st Cross Lane 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 ₹1340 /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 Panaiyur Kuppam School 2nd Street 1st Cross Lane

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Panaiyur Kuppam School 2nd Street 1st Cross Lane guideline value

The current guideline value for Panaiyur Kuppam School 2nd Street 1st Cross Lane is Rs 2,200 per sq.ft. This street is located in the village of Sholinganallur - 1 and falls under the Neelankarai SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of Panaiyur Kuppam School 2nd Street 1st Cross Lane has changed

The guideline value for Panaiyur Kuppam School 2nd Street 1st Cross Lane has undergone several revisions over the years. The earliest recorded revision was in 2017, where the guideline value was Rs 1,340 per sq.ft. Following this, the most recent revision in 2024 set the guideline value at Rs 2,200 per sq.ft, marking an increase of 64% from the 2017 figure.

There are no recorded figures for the years 2023, 2012, 2007, 2003, and 2002 for this street. The current value of Rs 2,200 per sq.ft is reflective of the 2024 revision.

Guideline values in Sholinganallur - 1

In the village of Sholinganallur - 1, there are 754 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median guideline value for this area is Rs 2,200 per sq.ft, which is equal to the current rate for Panaiyur Kuppam School 2nd Street 1st Cross Lane.

Stamp duty and registration fee for property in Panaiyur Kuppam School 2nd Street 1st Cross Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total cost to Rs 1,98,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Panaiyur Kuppam School 2nd Street 1st Cross Lane?

The Sub Registrar Office that covers Panaiyur Kuppam School 2nd Street 1st Cross Lane is 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 details.

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

The guideline value is an important factor during property registration in Sholinganallur - 1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When you register a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the transaction is recorded accurately in accordance with the established values.

Frequently asked questions

What is the current guideline value for Panaiyur Kuppam School 2nd Street 1st Cross Lane?

The current guideline value for Panaiyur Kuppam School 2nd Street 1st Cross Lane is Rs 2,200 per sq.ft as per the 2024 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,340 per sq.ft to Rs 2,200 per sq.ft, which is a change of 64%.

Are there any years without recorded figures for this street?

Yes, the register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for Panaiyur Kuppam School 2nd Street 1st Cross Lane.

What is the land classification for this street?

The land classification for Panaiyur Kuppam School 2nd Street 1st Cross Lane is Residential Class II Type - III.

Where can I find the registration office for this area?

The registration office that covers Panaiyur Kuppam School 2nd Street 1st Cross Lane is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.