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Guideline Value

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Guideline Value for COODALUR VILLAGE COLONY (WARD -9)

₹385/sq.ft.

The guideline value for Coodalur Village Colony (ward -9) in Kadampur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 385 per sq.ft, effective 1 July 2024. It was Rs 350 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kadampur

Village

Chengleput Joint II

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹385 /sq.ft.
From 1-4-2023 ₹350 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹234 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹350 /sq.ft.
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Coodalur Village Colony (ward -9)

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Coodalur Village Colony (Ward -9) guideline value

The current guideline value of Coodalur Village Colony (Ward -9) is Rs 385 per sq.ft, effective from 1 July 2024. This village falls under the Chengleput Joint II SRO and is classified as Residential Class II Type - I.

How the guideline value of Coodalur Village Colony (Ward -9) has changed

The guideline value for Coodalur Village Colony has undergone several revisions over the years. In 2012, the guideline value was Rs 350 per sq.ft. This figure remained the same until the next revision in 2017, where it decreased to Rs 234 per sq.ft, marking a 33% decline. The value then increased significantly to Rs 350 per sq.ft in 2023, reflecting a 50% rise. The most recent revision in 2024 set the guideline value at Rs 385 per sq.ft, which is a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kadampur

In Kadampur, there are 44 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 385 to Rs 2,200 per sq.ft, with a median value of Rs 551 per sq.ft. The guideline value of Coodalur Village Colony (Ward -9) is below this median.

Stamp duty and registration fee for property in Coodalur Village Colony (Ward -9)

For a 1,000 sq.ft plot at the current guideline value of Rs 385 per sq.ft, the total guideline value would be Rs 3,85,000. The stamp duty at 7% would amount to Rs 26,950, while the registration fee at 2% would be Rs 7,700, bringing the total fees to Rs 34,650. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Coodalur Village Colony (Ward -9)?

The Coodalur Village Colony (Ward -9) is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kadampur. It serves as a benchmark for determining the stamp duty and registration fees that are applicable based on the property's value.

When a property is sold, the guideline value is used to calculate the necessary fees, ensuring that the transaction is recorded accurately in the official register. Buyers and sellers should be aware of the current guideline value to understand their financial obligations during the sale process.

Frequently asked questions

What is the current guideline value of Coodalur Village Colony (Ward -9)?

The current guideline value of Coodalur Village Colony (Ward -9) is Rs 385 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 350 per sq.ft in 2012 to Rs 385 per sq.ft in 2024, with various fluctuations in between, including a decrease to Rs 234 per sq.ft in 2017.

What is the median guideline value in Kadampur?

The median guideline value in Kadampur is Rs 551 per sq.ft based on the 2024 figures for the 44 streets under the Chengleput Joint II SRO.

What fees are involved in registering property in Coodalur Village Colony?

When registering property in Coodalur Village Colony, fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Coodalur Village Colony?

The Sub Registrar Office covering Coodalur Village Colony is the Chengleput Joint II SRO, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.