Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for VILLAGE MAIN ROAD 30th CROSS STREET

₹2200/sq.ft.

The guideline value for Village Main Road 30th Cross Street in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. 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 ₹2000 /sq.ft.
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 Village Main Road 30th Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

VILLAGE MAIN ROAD 30th CROSS STREET guideline value

The current guideline value for VILLAGE MAIN ROAD 30th CROSS STREET is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 and falls under the Neelankarai SRO. The land classification for this area is Residential Class II Type - III.

How the guideline value of VILLAGE MAIN ROAD 30th CROSS STREET has changed

According to the guideline value register, there are no figures available for VILLAGE MAIN ROAD 30th CROSS STREET for the years 2002, 2003, 2007, 2012, and 2017. The first recorded figure is from the 2023 revision, which was Rs 2,000 per sq.ft. The most recent revision in 2024 shows an increase to Rs 2,200 per sq.ft, marking a change of +10% from the previous year.

The 2024 guideline value of Rs 2,200 per sq.ft is equal to the median guideline value for the 754 streets in Sholinganallur - 1 under the Neelankarai SRO, which also stands at Rs 2,200 per sq.ft. The 2023 value of Rs 2,000 per sq.ft reflects the prior year's assessment.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, the guideline values for various streets range from Rs 1,000 to Rs 8,800 per sq.ft, with the median value being Rs 2,200 per sq.ft. VILLAGE MAIN ROAD 30th CROSS STREET's 2024 figure aligns with this median. Below are some other streets in Sholinganallur - 1:

Stamp duty and registration fee for property in VILLAGE MAIN ROAD 30th CROSS STREET

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

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers VILLAGE MAIN ROAD 30th CROSS STREET?

The Sub Registrar Office that covers VILLAGE MAIN ROAD 30th CROSS STREET 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 plays a crucial role in property transactions in Sholinganallur - 1. When buying or selling property, this value is used to determine the stamp duty and registration fees that need to be paid. It serves as a reference point for both buyers and sellers during the registration process.

It is essential for buyers to be aware of the guideline value as it influences the overall cost of the transaction. The guideline value is updated periodically, reflecting changes in the property market and local conditions.

Frequently asked questions

What is the current guideline value for VILLAGE MAIN ROAD 30th CROSS STREET?

The current guideline value for VILLAGE MAIN ROAD 30th CROSS STREET is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

From the 2023 revision to the 2024 revision, the guideline value increased from Rs 2,000 per sq.ft to Rs 2,200 per sq.ft, which is a change of +10%.

What is the land classification for VILLAGE MAIN ROAD 30th CROSS STREET?

The land classification for VILLAGE MAIN ROAD 30th CROSS STREET is 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.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 22,00,000 would incur a stamp duty of Rs 1,54,000 at a rate of 7%.