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Guideline Value

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Guideline Value for S.R. BOOPATHY NAGAR (GRAMA NADUNCHALAI 38TH CROSS STREET)

₹2200/sq.ft.

The guideline value for S.r. Boopathy Nagar (grama Nadunchalai 38th Cross Street) in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. 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 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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 S.r. Boopathy Nagar (grama Nadunchalai 38th Cross Street)

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S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street) guideline value

The current guideline value of S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street) is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the Sholinganallur - 1 village, under the Neelankarai SRO, and is classified as Residential Class II Type - III.

How the guideline value of S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street) has changed

The guideline value for S.R. Boopathy Nagar has seen revisions over the years. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 2,000 per sq.ft. This increased by 10% in the 2024 revision, bringing the current value to Rs 2,200 per sq.ft.

This street's 2024 guideline value is equal to the median value of Rs 2,200 per sq.ft for the 754 streets in Sholinganallur - 1 under the Neelankarai SRO. The range for these streets varies from Rs 1,000 to Rs 8,800 per sq.ft.

Guideline values in Sholinganallur - 1

The guideline values in Sholinganallur - 1 range from Rs 1,000 to Rs 8,800 per sq.ft, with the median being Rs 2,200 per sq.ft. S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street) has a guideline value that matches this median.

Stamp duty and registration fee for property in S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street)

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street)?

The Sub Registrar Office that covers S.R. Boopathy Nagar 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 Sholinganallur - 1

The guideline value is a crucial factor in the registration process when buying or selling property in Sholinganallur - 1. It determines the minimum value at which the property can be registered, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. 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 S.R. Boopathy Nagar?

The current guideline value of S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for S.R. Boopathy Nagar was Rs 2,000 per sq.ft in 2023, which increased by 10% to Rs 2,200 per sq.ft in 2024. There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017.

What is the land classification for S.R. Boopathy Nagar?

S.R. Boopathy Nagar is classified as Residential Class II Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in S.R. Boopathy Nagar?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, for a property valued at Rs 22,00,000, the total fees would be Rs 1,98,000.

Where is the Neelankarai Sub Registrar Office located?

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