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Guideline Value

Corporate

Guideline Value for VILLAGE MAIN ROAD 25th CROSS STREET

₹2200/sq.ft.

The guideline value for Village Main Road 25th Cross Street in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
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 Village Main Road 25th Cross Street

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VILLAGE MAIN ROAD 25th CROSS STREET guideline value

The current guideline value for VILLAGE MAIN ROAD 25th CROSS STREET is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Sholinganallur - 1 village, under the Neelankarai SRO, and is classified as Residential Class II Type - III.

How the guideline value of VILLAGE MAIN ROAD 25th CROSS STREET has changed

The guideline value for VILLAGE MAIN ROAD 25th CROSS STREET has undergone several revisions. The 2017 revision set the value at Rs 1,340 per sq.ft. The most recent 2024 revision increased this figure to Rs 2,200 per sq.ft, marking a significant change of +64% from the previous revision.

There are no figures available for the years 2023, 2012, 2007, 2003, and 2002 in the register for this street.

Guideline values in Sholinganallur - 1

In 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. The median guideline value is Rs 2,200 per sq.ft, which is equal to the current value of VILLAGE MAIN ROAD 25th CROSS STREET.

Stamp duty and registration fee for property in VILLAGE MAIN ROAD 25th CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total fees Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers VILLAGE MAIN ROAD 25th CROSS STREET?

The VILLAGE MAIN ROAD 25th CROSS STREET falls under the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is a crucial factor during the registration of property transactions in Sholinganallur - 1. It serves as the benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property.

When a property is sold, the registration office uses the guideline value to assess the applicable duties. This ensures that the fees are calculated based on a standardized value, which helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value of VILLAGE MAIN ROAD 25th CROSS STREET?

The current guideline value of VILLAGE MAIN ROAD 25th CROSS STREET is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 1,340 per sq.ft to Rs 2,200 per sq.ft, which is a change of +64%.

Are there any revisions without figures for VILLAGE MAIN ROAD 25th CROSS STREET?

Yes, the register has no figures for the years 2023, 2012, 2007, 2003, and 2002 for VILLAGE MAIN ROAD 25th CROSS STREET.

What is the land classification of VILLAGE MAIN ROAD 25th CROSS STREET?

VILLAGE MAIN ROAD 25th CROSS STREET is classified as Residential Class II Type - III.

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.