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Guideline Value

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Guideline Value for V.G.P. Golden Beach South 2nd Main Road

₹5500/sq.ft.

The guideline value for V.g.p. Golden Beach South 2nd Main Road in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 N/A
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 V.g.p. Golden Beach South 2nd Main Road

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V.G.P. Golden Beach South 2nd Main Road guideline value

The current guideline value of V.G.P. Golden Beach South 2nd Main Road 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. The land classification for this area is Residential Special Type - III.

How the guideline value of V.G.P. Golden Beach South 2nd Main Road has changed

The guideline value register has no figures for V.G.P. Golden Beach South 2nd Main Road for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision, which is Rs 5,500 per sq.ft.

As there have been no changes between the revisions listed, the current guideline value remains consistent with the 2024 revision. No other figures are available for the previous years, indicating that this street has not seen a recorded guideline value until the recent update.

Guideline values in Sholinganallur - 1

In the village of Sholinganallur - 1, there are 754 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 8,800 per sq.ft, with a median of Rs 2,200 per sq.ft. The guideline value for V.G.P. Golden Beach South 2nd Main Road is above this median.

Stamp duty and registration fee for property in V.G.P. Golden Beach South 2nd Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value amounts to Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, bringing the total to Rs 4,95,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers V.G.P. Golden Beach South 2nd Main Road?

The V.G.P. Golden Beach South 2nd Main Road is covered by 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 plays a crucial role during the registration process when buying or selling property in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that need to be paid, ensuring compliance with local regulations.

When a property is sold, the guideline value is assessed to ascertain the applicable charges, which are based on the higher value between the guideline value and the sale price. This ensures that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of V.G.P. Golden Beach South 2nd Main Road?

The current guideline value of V.G.P. Golden Beach South 2nd Main Road is Rs 5,500 per sq.ft, effective from 1 July 2024.

What is the land classification for V.G.P. Golden Beach South 2nd Main Road?

The land classification for V.G.P. Golden Beach South 2nd Main Road is Residential Special Type - III.

What were the guideline values in previous years for this street?

The register has no figures for V.G.P. Golden Beach South 2nd Main Road for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded figure is from the 2024 revision.

How is stamp duty calculated for properties on this 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, the total guideline value is Rs 55,00,000, leading to a stamp duty of Rs 3,85,000.

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. You can find more information by visiting the appropriate links.