Guideline Value for CHENDUR ENCLAVE

Chendur Enclave guideline value

The current guideline value of Chendur Enclave, located in Kadampur village under the Chengleput Joint II SRO, is Rs 737 per sq.ft as per the 2024 revision. This area is classified as Residential Special Type - III.

How the guideline value of Chendur Enclave has changed

The guideline value for Chendur Enclave has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 737 per sq.ft, an increase from Rs 670 per sq.ft in the 2023 revision. Notably, there was no change in the value from the 2017 revision, which also recorded Rs 670 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From the 2017 revision to the 2024 revision, the overall change in the guideline value is an increase of 10%. Specifically, the change from 2023 to 2024 reflects a 10% increase. This consistent increment indicates a stable valuation in this locality.

Guideline values in Kadampur

Kadampur village features a range of guideline values across its 44 streets under the Chengleput Joint II SRO, with values varying from Rs 385 to Rs 2,200 per sq.ft. The median guideline value for these streets is Rs 551 per sq.ft, placing Chendur Enclave's 2024 figure above this median.

• Chinna Vattamman Kovil Street (Kod): Rs 551 per sq.ft (2024)
• Coodalur Village Colony (Ward -9): Rs 385 per sq.ft (2024)
• Coodalur Village (Ward -9): Rs 551 per sq.ft (2024)
• D.V.A.C.Nagar: Rs 550 per sq.ft (2024)
• Easwaran Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Balaji Avenue (Ward -9): Rs 551 per sq.ft (2024)

Stamp duty and registration fee for property in Chendur Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 737 per sq.ft, the total guideline value amounts to Rs 7,37,000. The stamp duty at 7% would be Rs 51,590, while the registration fee at 2% would be Rs 14,740, bringing the total charges to Rs 66,330. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Chendur Enclave?

The Sub Registrar Office that covers Chendur Enclave is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, within the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Kadampur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the sale or purchase of property in the area.

When a property is sold or purchased, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the registration process is aligned with the official valuations set by the government.

Frequently asked questions

What is the current guideline value of Chendur Enclave?

The current guideline value of Chendur Enclave is Rs 737 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen an increase of 10% from Rs 670 per sq.ft in 2023 to Rs 737 per sq.ft in 2024. There was no change from 2017 to 2023, maintaining the value at Rs 670 per sq.ft.

What is the land classification for Chendur Enclave?

Chendur Enclave is classified as Residential Special Type - III, which indicates its intended use for residential purposes.

Where can I find the Chengleput Joint II SRO?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles registrations for properties in Chendur Enclave.

How is stamp duty calculated in Kadampur?

Stamp duty in Kadampur is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.