Guideline Value

Corporate

Guideline Value for SEA SHORE TOWN 9th AVENUE

₹4400/sq.ft.

The guideline value for Sea Shore Town 9th 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 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 Sea Shore Town 9th Avenue

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SEA SHORE TOWN 9th AVENUE guideline value

The current guideline value for SEA SHORE TOWN 9th AVENUE is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Sholinganallur - 1 village, under the Neelankarai SRO, and is classified as Residential Special Type - V.

How the guideline value of SEA SHORE TOWN 9th AVENUE has changed

The guideline value for SEA SHORE TOWN 9th AVENUE has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 4,400 per sq.ft, which reflects a 10% increase from the previous year's figure of Rs 4,000 per sq.ft in 2023. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the last recorded figure was Rs 4,000 per sq.ft in 2023. The absence of figures for the earlier years indicates that there may have been no updates or changes recorded for SEA SHORE TOWN 9th AVENUE during those periods.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO with a 2024 guideline value range 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 9th AVENUE above this median.

Stamp duty and registration fee for property in SEA SHORE TOWN 9th AVENUE

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the guideline value amounts to 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, bringing the total to Rs 3,96,000. It is important to note that 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 SEA SHORE TOWN 9th AVENUE?

The Sub Registrar Office that covers SEA SHORE TOWN 9th 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 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 a property can be registered and is used to calculate stamp duty and registration fees.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair price, reflecting the official valuation set by the local authorities. Buyers and sellers should be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of SEA SHORE TOWN 9th AVENUE?

The current guideline value of SEA SHORE TOWN 9th AVENUE is Rs 4,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased by 10% from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024.

What is the land classification for SEA SHORE TOWN 9th AVENUE?

SEA SHORE TOWN 9th AVENUE is classified as Residential Special Type - V.

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.

How is the stamp duty calculated for properties in SEA SHORE TOWN 9th AVENUE?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 44,00,000 would incur a stamp duty of Rs 3,08,000.