Guideline Value

Corporate

Guideline Value for SEA SHORE TOWN 6th AVENUE

₹4400/sq.ft.

The guideline value for Sea Shore Town 6th Avenue in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. 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 N/A
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 6th Avenue

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SEA SHORE TOWN 6th AVENUE guideline value

The current guideline value of SEA SHORE TOWN 6th AVENUE is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 and falls under the Neelankarai SRO. The land classification for this area is Residential Special Type - V.

How the guideline value of SEA SHORE TOWN 6th AVENUE has changed

The guideline value for SEA SHORE TOWN 6th AVENUE has undergone significant changes over the years. In the 2017 revision, the guideline value was set at Rs 2,680 per sq.ft. With the latest revision in 2024, the value has increased to Rs 4,400 per sq.ft, marking a substantial rise of 64% from the previous figure.

There are several years for which the register has no figure for this street, including 2023, 2012, 2007, 2003, and 2002. Therefore, the only relevant revisions are from 2017 and 2024.

Guideline values in Sholinganallur - 1

In the village of Sholinganallur - 1, there are 754 streets under the Neelankarai SRO, with the 2024 guideline values ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, placing SEA SHORE TOWN 6th AVENUE above that median.

Stamp duty and registration fee for property in SEA SHORE TOWN 6th 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 amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000. Together, the total cost for stamp duty and registration would be Rs 3,96,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers SEA SHORE TOWN 6th AVENUE?

The Sub Registrar Office that covers SEA SHORE TOWN 6th 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 more details.

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 serves as the basis for calculating the stamp duty and registration fees, ensuring that these costs are aligned with the official value set by the government.

When a property is sold, the guideline value helps determine the minimum value for which the property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the transaction.

Frequently asked questions

What is the current guideline value of SEA SHORE TOWN 6th AVENUE?

The current guideline value of SEA SHORE TOWN 6th AVENUE is Rs 4,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since the last revision?

Since the last revision in 2017, the guideline value has increased from Rs 2,680 per sq.ft to Rs 4,400 per sq.ft, which is a rise of 64%.

What is the land classification for SEA SHORE TOWN 6th AVENUE?

SEA SHORE TOWN 6th AVENUE is classified as Residential Special Type - V.

What are the stamp duty and registration fees for a property in SEA SHORE TOWN 6th AVENUE?

The stamp duty for a property valued at Rs 44,00,000 would be Rs 3,08,000, and the registration fee would be Rs 88,000, totaling Rs 3,96,000.

Which office handles registrations for SEA SHORE TOWN 6th AVENUE?

The Neelankarai Sub Registrar Office handles registrations for SEA SHORE TOWN 6th AVENUE, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.