Guideline Value

Corporate

Guideline Value for S.R. BOOPATHY NAGAR PART 2

₹2200/sq.ft.

The guideline value for S.r. Boopathy Nagar Part 2 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 Part 2

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S.R. Boopathy Nagar Part 2 guideline value

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

How the guideline value of S.R. Boopathy Nagar Part 2 has changed

The guideline value for S.R. Boopathy Nagar Part 2 has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,200 per sq.ft, which is an increase of 10% from the 2023 revision of Rs 2,000 per sq.ft. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the guideline value for S.R. Boopathy Nagar Part 2 was not recorded in the register. The 2024 figure aligns with the median guideline value of Rs 2,200 per sq.ft for the village of Sholinganallur - 1, which ranges from Rs 1,000 to Rs 8,800 per sq.ft.

Guideline values in Sholinganallur - 1

In the village of Sholinganallur - 1, there are 754 streets under the Neelankarai SRO, with guideline values ranging from Rs 1,000 to Rs 8,800 per sq.ft. The guideline value for S.R. Boopathy Nagar Part 2 is equal to the median value of Rs 2,200 per sq.ft. Below are the guideline values for other streets in Sholinganallur - 1:

Stamp duty and registration fee for property in S.R. Boopathy Nagar Part 2

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total 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, bringing the total cost to Rs 1,98,000. It is important to 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 S.R. Boopathy Nagar Part 2?

The S.R. Boopathy Nagar Part 2 is covered by 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 plays a crucial role during the registration process of property transactions in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that need to be paid, ensuring compliance with local regulations.

When buying or selling property, the guideline value is considered to prevent undervaluation of the property. This helps maintain transparency in property transactions and ensures that the appropriate taxes are collected by the government.

Frequently asked questions

What is the current guideline value of S.R. Boopathy Nagar Part 2?

The current guideline value of S.R. Boopathy Nagar Part 2 is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2023 to Rs 2,200 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002 for this street.

What are the other streets in Sholinganallur - 1 with similar guideline values?

Other streets in Sholinganallur - 1 with a guideline value of Rs 2,200 per sq.ft include S.R. Boopathy Nagar Part 1, S.R. Boopathy Nagar (Grama Nadunchalai 38th Cross Street), and S.P.Velu Street.

How is stamp duty calculated for properties in S.R. Boopathy Nagar Part 2?

Stamp duty for properties in S.R. Boopathy Nagar Part 2 is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,54,000 based on the current guideline value.

Where can I find the Neelankarai Sub Registrar Office?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can also find more information by visiting the find your SRO page.