Guideline Value for QUAID E MILLATH STREET

Quaid E Millath Street guideline value

The current guideline value for Quaid E Millath Street is not published. This street is located in Enjambakkam village under the Neelankarai SRO, and the land classification is categorized as Government Others.

How the guideline value of Quaid E Millath Street has changed

The guideline value for Quaid E Millath Street was last notified at Rs 200 per sq.ft in the 2007 revision. Prior to that, in the 2003 revision, the guideline value was Rs 94 per sq.ft, marking an increase of 113% from 2003 to 2007. The register has no figures for the years 2024, 2023, 2017, 2012, and 2002.

In summary, the only revisions with figures for this street are from 2003 and 2007. The lack of published rates for the more recent years indicates that the guideline value for this street has not been updated since 2007.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a guideline value for 2024, with rates ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft. Quaid E Millath Street currently holds a guideline value of Rs 200 per sq.ft, which is significantly lower than many other streets in the village.

• Radiance Paradise: Rs 6,600 per sq.ft (2024)
• Purble Beach Avenue: Rs 5,000 per sq.ft (2024)
• Punitha Anthoniyar Beach Church Colony: Rs 3,300 per sq.ft (2024)
• Raja Avenue: Rs 2,200 per sq.ft (2024)
• Priyadharshini Garden: Rs 2,800 per sq.ft (2024)
• Prarthana Salai Main Road: Rs 2,800 per sq.ft (2024)

Stamp duty and registration fee for property in Quaid E Millath Street

There is no current rate published for Quaid E Millath Street, so a worked example cannot be provided. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Quaid E Millath Street?

The Sub Registrar Office that covers Quaid E Millath Street 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 information.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value at which properties can be registered. When buying or selling property in Enjambakkam, the guideline value is used to calculate the stamp duty and registration fees, ensuring compliance with local regulations.

It is important to note that the guideline value serves as a reference point for both buyers and sellers, impacting the overall transaction process. Buyers should be aware of the guideline value to ensure they are paying a fair price during property transactions.

Frequently asked questions

What is the current guideline value for Quaid E Millath Street?

The current guideline value for Quaid E Millath Street is not published. The last notified rate was Rs 200 per sq.ft in the 2007 revision.

How has the guideline value changed over the years?

The guideline value for Quaid E Millath Street changed from Rs 94 per sq.ft in 2003 to Rs 200 per sq.ft in 2007, representing an increase of 113%. There are no figures available for the years 2024, 2023, 2017, 2012, and 2002.

What are the guideline values for other streets in Enjambakkam?

In Enjambakkam, other streets have varying guideline values, with rates ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median guideline value in the area is Rs 2,200 per sq.ft.

How is stamp duty calculated for properties on Quaid E Millath Street?

Stamp duty is calculated based on the higher of the guideline value and the sale price of the property. Since there is no current rate for Quaid E Millath Street, a worked example cannot be provided.

Where is the Sub Registrar Office for Quaid E Millath Street located?

The Sub Registrar Office covering Quaid E Millath Street is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.