Guideline Value for DEVA&CO/ DEVA NAGAR

Deva&co/ Deva Nagar guideline value

The current guideline value of Deva&co/ Deva Nagar is Rs 626 per sq.ft, effective from 1 July 2024. This area is located in Kakkalur village and falls under the Tiruvallur Joint 1 SRO. The land classification for this street is Residential Class II Type - III.

How the guideline value of Deva&co/ Deva Nagar has changed

The guideline value for Deva&co/ Deva Nagar has undergone several revisions over the years. The earliest recorded figure is from 2012, where it was Rs 625 per sq.ft. In 2017, the value decreased to Rs 419 per sq.ft, reflecting a change of -33%. The value then increased significantly to Rs 626 per sq.ft in 2023, marking a 49% rise. The current value remains the same at Rs 626 per sq.ft from the 2023 revision to the 2024 revision, indicating no change.

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 seen a net change of +0%.

Guideline values in Kakkalur

Kakkalur village has a total of 133 streets under the Tiruvallur Joint 1 SRO, with guideline values ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 626 per sq.ft, which is equal to the current value for Deva&co/ Deva Nagar.

• December Poo Street: Rs 626 per sq.ft (2024)
• Dhanraja Nagar: Rs 626 per sq.ft (2024)
• Brindavanam Nagar: Rs 626 per sq.ft (2024)
• Empire Avenue: Rs 626 per sq.ft (2024)
• Empire City Part-I -To -IV: Rs 626 per sq.ft (2024)
• Birunthavanam Street: Rs 626 per sq.ft (2024)

Stamp duty and registration fee for property in Deva&co/ Deva Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 626 per sq.ft, the total guideline value amounts to Rs 6,26,000. The stamp duty at 7% would be Rs 43,820, and the registration fee at 2% would be Rs 12,520, bringing the total charges to Rs 56,340. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Deva&co/ Deva Nagar?

The Sub Registrar Office that covers Deva&co/ Deva Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration of property transactions in Kakkalur. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated based on a standardized value set by the government.

It is essential for buyers and sellers to be aware of the guideline value as it affects the overall cost of the transaction. The registration office will refer to the guideline value to assess the fees required for the transfer of ownership, making it a vital aspect of property dealings in the area.

Frequently asked questions

What is the current guideline value of Deva&co/ Deva Nagar?

The current guideline value of Deva&co/ Deva Nagar is Rs 626 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the latest revision in 2024 maintaining the value at Rs 626 per sq.ft. The value was Rs 419 per sq.ft in 2017 and Rs 625 per sq.ft in 2012.

What is the median guideline value for streets in Kakkalur?

The median guideline value for the 133 streets in Kakkalur under the Tiruvallur Joint 1 SRO is Rs 626 per sq.ft, which is the same as the current value for Deva&co/ Deva Nagar.

What are the stamp duty and registration fees for a property in Deva&co/ Deva Nagar?

For a property valued at Rs 6,26,000, the stamp duty is Rs 43,820 and the registration fee is Rs 12,520, totaling Rs 56,340. These fees are calculated based on the guideline value.

Which Sub Registrar Office covers Deva&co/ Deva Nagar?

The Tiruvallur Joint 1 Sub Registrar Office covers Deva&co/ Deva Nagar, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.