Guideline Value for TVH CROSSWAY

Tvh Crossway guideline value

The current guideline value of Tvh Crossway is Rs 5,500 per sq.ft, effective from 1 July 2024. This property is located in the village of Sholinganallur - 1 and falls under the Neelankarai SRO with a land classification of Residential Special Type - III.

How the guideline value of Tvh Crossway has changed

Looking at the revisions, the guideline value for Tvh Crossway has seen significant changes over the years. The 2017 revision recorded a value of Rs 3,350 per sq.ft, which increased to Rs 5,000 per sq.ft in the 2023 revision, marking a 49% increase. The current 2024 revision shows a further increase to Rs 5,500 per sq.ft, reflecting a 10% rise from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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 Tvh Crossway's 2024 figure above that median.

• Tvh Bloom Phase-III: Rs 5,500 per sq.ft (2024)
• Tvh Bloom Phase-II: Rs 5,500 per sq.ft (2024)
• Tvh Bloom: Rs 5,500 per sq.ft (2024)
• T.S.R.K.D.Holding Canel: Rs 3,300 per sq.ft (2024)
• T.V.S.Avenue: Rs 4,400 per sq.ft (2024)
• Trit Wood Drive Avenue: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Tvh Crossway

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value would be Rs 55,00,000. The stamp duty at 7% would amount to Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, bringing the total fees to Rs 4,95,000. 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 Tvh Crossway?

The Sub Registrar Office that covers Tvh Crossway 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 essential when registering property transactions in Sholinganallur - 1. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property buying or selling process.

When you buy or sell property, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately with the local authorities. This process helps maintain transparency and standardization in property dealings.

Frequently asked questions

What is the current guideline value of Tvh Crossway?

The current guideline value of Tvh Crossway is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 3,350 per sq.ft to Rs 5,500 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the other streets in Sholinganallur - 1?

Other streets in Sholinganallur - 1 include Tvh Bloom Phase-III, Tvh Bloom Phase-II, Tvh Bloom, T.S.R.K.D.Holding Canel, T.V.S.Avenue, and Trit Wood Drive Avenue, with varying guideline values.

What are the stamp duty and registration fees for Tvh Crossway?

For a 1,000 sq.ft plot at the current guideline value, the total fees would be Rs 4,95,000, which includes stamp duty and registration fees based on the guideline value.

Where can I find the Sub Registrar Office for Tvh Crossway?

The Neelankarai Sub Registrar Office covers Tvh Crossway and is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.