Guideline Value

Corporate

Guideline Value for SEA SHORE TOWN 13th AVENUE

₹4400/sq.ft.

The guideline value for Sea Shore Town 13th Avenue in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Special Type - V
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /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 Sea Shore Town 13th Avenue

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SEA SHORE TOWN 13th AVENUE guideline value

The current guideline value of SEA SHORE TOWN 13th AVENUE is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in the village of Sholinganallur - 1 under the Neelankarai SRO, and it is classified as Residential Special Type - V.

How the guideline value of SEA SHORE TOWN 13th AVENUE has changed

The guideline value for SEA SHORE TOWN 13th AVENUE has seen significant changes over the years. In 2017, the value was Rs 2,680 per sq.ft, which increased to Rs 4,000 per sq.ft in 2023. The most recent revision in 2024 raised the guideline value to Rs 4,400 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, there was a substantial increase of 49%. Overall, from 2017 to 2024, the guideline value has risen by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

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 in this area is Rs 2,200 per sq.ft, positioning SEA SHORE TOWN 13th AVENUE above this median.

Stamp duty and registration fee for property in SEA SHORE TOWN 13th AVENUE

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, making the total Rs 3,96,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers SEA SHORE TOWN 13th AVENUE?

The Sub Registrar Office covering SEA SHORE TOWN 13th AVENUE 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 further assistance.

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

The guideline value is a critical factor during 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.

Buyers and sellers should be aware that the guideline value can affect the stamp duty and registration fees payable at the time of the transaction. Therefore, understanding the current guideline value is essential for both parties involved in the sale.

Frequently asked questions

What is the current guideline value of SEA SHORE TOWN 13th AVENUE?

The current guideline value of SEA SHORE TOWN 13th AVENUE is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,680 per sq.ft in 2017 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the median guideline value in Sholinganallur - 1?

The median guideline value in Sholinganallur - 1 is Rs 2,200 per sq.ft, with SEA SHORE TOWN 13th AVENUE's value being above this median.

What are the stamp duty and registration fees for properties in SEA SHORE TOWN 13th AVENUE?

For a property valued at Rs 44,00,000, the stamp duty is Rs 3,08,000 and the registration fee is Rs 88,000, totaling Rs 3,96,000.

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.