Guideline Value for ST.JOSEPH BEACH ROAD
₹1700/sq.ft.
The guideline value for St.joseph Beach Road in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Enjambakkam
Village
Neelankarai
SRO
Residential Class IV Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1700 /sq.ft. |
| From 1-4-2023 | ₹1500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹1005 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1500 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹500 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹168 /sq.ft. |
| 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]
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St.Joseph Beach Road guideline value
The current guideline value of St.Joseph Beach Road is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Enjambakkam village, under the Neelankarai SRO, and is classified as Residential Class IV Type - I.
How the guideline value of St.Joseph Beach Road has changed
The guideline value for St.Joseph Beach Road has seen significant changes over the years. In the 2003 revision, the value was Rs 168 per sq.ft, which increased to Rs 500 per sq.ft in 2007, marking a substantial rise of 198%. The value then jumped to Rs 1,500 per sq.ft in 2012, reflecting a 200% increase. However, in the 2017 revision, it decreased to Rs 1,005 per sq.ft, a decline of 33%. The value rose again to Rs 1,500 per sq.ft in the 2023 revision, followed by the current value of Rs 1,700 per sq.ft in 2024, which is a 13% increase.
Overall, from the 2003 revision to the 2024 revision, the guideline value has increased by 912%. It is important to note that the register has no figure for St.Joseph Beach Road for the year 2002.
Guideline values in Enjambakkam
In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 7,200 per sq.ft, with a median value of Rs 2,200 per sq.ft. The guideline value for St.Joseph Beach Road is below this median.
- Sri Sai Baba Koil Street: Rs 3,300 per sq.ft (2024)
- SRI SAI BABA KOIL 1st CROSS STREET: Rs 3,300 per sq.ft (2024)
- Suriya Guest House Colony: Rs 2,200 per sq.ft (2024)
- Swaminathan Salai: Rs 2,200 per sq.ft (2024)
- TEACHERS COLONY 1st CROSS STREET: Rs 3,900 per sq.ft (2024)
- TEACHERS COLONY 2nd CROSS STREET: Rs 3,900 per sq.ft (2024)
Stamp duty and registration fee for property in St.Joseph Beach Road
For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, totaling Rs 1,53,000. 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 details.
Which Sub Registrar Office covers St.Joseph Beach Road?
The Sub Registrar Office covering St.Joseph Beach Road 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 Enjambakkam
The guideline value is a crucial factor when buying or selling property in Enjambakkam. It serves as a reference point for determining the stamp duty and registration fees that need to be paid at the time of registration. Buyers and sellers must consider this value to ensure compliance with local regulations during property transactions.
When a property is sold, the guideline value is used to calculate the applicable taxes, which can significantly impact the overall cost of the transaction. Therefore, understanding the guideline value is essential for anyone looking to engage in real estate activities in the area.
Frequently asked questions
What is the current guideline value of St.Joseph Beach Road?
The current guideline value of St.Joseph Beach Road is Rs 1,700 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed significantly from Rs 168 per sq.ft in 2003 to Rs 1,700 per sq.ft in 2024, reflecting an overall increase of 912% over this period.
What is the land classification for St.Joseph Beach Road?
St.Joseph Beach Road is classified as Residential Class IV Type - I, indicating its suitability for residential development.
Where can I find the Sub Registrar Office for St.Joseph Beach Road?
The Neelankarai Sub Registrar Office, which covers St.Joseph Beach Road, 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 St.Joseph Beach Road?
Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,19,000.
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