Guideline Value

Corporate

Guideline Value for VILLAGE MAIN ROAD 9TH STREET

₹2200/sq.ft.

The guideline value for Village Main Road 9th 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 9th Street

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Village Main Road 9th Street guideline value

The current guideline value of Village Main Road 9th Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 under the Neelankarai SRO and is classified as Residential Class II Type - III.

How the guideline value of Village Main Road 9th Street has changed

The guideline value for Village Main Road 9th Street has seen significant changes over the years. The 2017 revision set the value at Rs 1,340 per sq.ft, and the latest 2024 revision increased this to Rs 2,200 per sq.ft, marking a change of +64% from the previous figure.

It is important to note that the register has no figure for this street for the years 2023, 2012, 2007, 2003, and 2002. Therefore, the only revisions available are from 2017 and 2024.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO that carry a 2024 guideline value. The values range from Rs 1,000 to Rs 8,800 per sq.ft, with the median being Rs 2,200 per sq.ft. Village Main Road 9th Street's 2024 figure is equal to this median.

Stamp duty and registration fee for property in Village Main Road 9th Street

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

Which Sub Registrar Office covers Village Main Road 9th Street?

The Sub Registrar Office that covers Village Main Road 9th 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 is an essential factor in property transactions in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that need to be paid during the registration process.

When buying or selling property, the guideline value serves as a benchmark for assessing the value of the property. It ensures that the transaction is documented at a fair value, which is crucial for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Village Main Road 9th Street?

The current guideline value of Village Main Road 9th Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

From the 2017 revision of Rs 1,340 per sq.ft to the 2024 revision of Rs 2,200 per sq.ft, the guideline value has increased by +64%.

What are the other streets in Sholinganallur - 1 with the same guideline value?

Other streets in Sholinganallur - 1 that share the same guideline value of Rs 2,200 per sq.ft include Village Main Road 9th Cross Street, Village Road 1st Lane, Village Main Road 8th Street, Village Main Road 8th Cross Street, Village Main Road 7th Street, and Village Main Road 7th Cross Street.

What fees are associated with buying property on Village Main Road 9th Street?

When purchasing property on Village Main Road 9th Street, the fees include stamp duty at 7% and a registration fee at 2% of the guideline value, which is Rs 22,00,000 for a 1,000 sq.ft plot.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Village Main Road 9th Street is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.