Guideline Value

Corporate

Guideline Value for V.G.P.GOLDEN BEACH UTHANDI II

₹5000/sq.ft.

The guideline value for V.g.p.golden Beach Uthandi Ii in Uthandi village (Neelankarai SRO, Chennai zone) is Rs 5000 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthandi

Village

Neelankarai

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹5000 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
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 Uthandi Ii

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V.G.P.Golden Beach Uthandi II guideline value

The current guideline value of V.G.P.Golden Beach Uthandi II is Rs 5,000 per sq.ft, effective from 1 July 2024. This property is located in Uthandi village under the Neelankarai SRO, classified as Residential Special Type - II.

How the guideline value of V.G.P.Golden Beach Uthandi II has changed

The guideline value for V.G.P.Golden Beach Uthandi II has seen several revisions over the years. The 2012 revision set the value at Rs 4,500 per sq.ft, which decreased to Rs 3,015 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 4,500 per sq.ft in the 2023 revision. The most recent 2024 revision has set the guideline value at Rs 5,000 per sq.ft, marking an 11% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 11%. The changes between the revisions are notable: from 2017 to 2023, there was a 49% increase, while the value decreased by 33% from 2012 to 2017. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uthandi

In Uthandi, there are 197 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 14,700 per sq.ft, with a median value of Rs 1,700 per sq.ft. The guideline value for V.G.P.Golden Beach Uthandi II is above this median.

Stamp duty and registration fee for property in V.G.P.Golden Beach Uthandi II

For a 1,000 sq.ft plot at the current rate of Rs 5,000 per sq.ft, the guideline value amounts to Rs 50,00,000. The stamp duty at 7% would be Rs 3,50,000, and the registration fee at 2% would be Rs 1,00,000, totaling Rs 4,50,000. 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 V.G.P.Golden Beach Uthandi II?

The V.G.P.Golden Beach Uthandi II falls under 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 Uthandi

The guideline value plays a crucial role in property transactions in Uthandi. It is used to determine the stamp duty and registration fees that must be paid when buying or selling a property. This ensures that the transaction is recorded accurately and in compliance with local regulations.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This process helps maintain transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of V.G.P.Golden Beach Uthandi II?

The current guideline value of V.G.P.Golden Beach Uthandi II is Rs 5,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,500 per sq.ft in 2012 to Rs 3,015 per sq.ft in 2017, then to Rs 4,500 per sq.ft in 2023, and finally to Rs 5,000 per sq.ft in 2024.

What is the land classification for V.G.P.Golden Beach Uthandi II?

The land classification for V.G.P.Golden Beach Uthandi II is Residential Special Type - II.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 4,50,000, based on the current guideline value of Rs 50,00,000.

Which office handles registrations for V.G.P.Golden Beach Uthandi II?

The Neelankarai Sub Registrar Office handles registrations for V.G.P.Golden Beach Uthandi II, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.