Guideline Value for ABDUL KALAM STREET

Abdul Kalam Street guideline value

The current guideline value of Abdul Kalam Street is Rs 1,400 per sq.ft. This street is located in Navaloor village and falls under the Thiruporur SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Abdul Kalam Street has changed

Over the years, the guideline value of Abdul Kalam Street has seen significant changes. In the 2007 revision, the value was Rs 475 per sq.ft, which increased to Rs 1,000 per sq.ft in 2012, marking a growth of 111%. However, in the 2017 revision, the value dropped to Rs 670 per sq.ft, a decrease of 33%. The most recent revision in 2023 saw a substantial increase to Rs 1,400 per sq.ft, reflecting a rise of 109% from the previous figure.

It is important to note that there are no figures available for the 2024, 2003, and 2002 revisions for Abdul Kalam Street. Therefore, the changes discussed are limited to the available revisions from 2007 to 2023.

Guideline values in Navaloor

Currently, there are no specific guideline values provided for other streets in Navaloor. Abdul Kalam Street is the only street referenced in the available data.

Stamp duty and registration fee for property in Abdul Kalam Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total to Rs 1,26,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Abdul Kalam Street?

The Sub Registrar Office that covers Abdul Kalam Street is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Navaloor

The guideline value is a crucial factor in the registration process when buying or selling property in Navaloor. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Abdul Kalam Street?

The current guideline value of Abdul Kalam Street is Rs 1,400 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 475 per sq.ft in 2007 to Rs 1,400 per sq.ft in 2023, with various fluctuations in between.

What is the registration office for Abdul Kalam Street?

The registration office for Abdul Kalam Street is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is the stamp duty calculated on properties in Abdul Kalam Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 14,00,000, the stamp duty would be Rs 98,000.

Are there any other streets in Navaloor with guideline values?

Currently, there are no other streets in Navaloor listed with guideline values. Abdul Kalam Street is the only street referenced in the available data.