Guideline Value for DOCTOR EDEN

Doctor Eden guideline value

The current guideline value of Doctor Eden in Kalavakkam village is Rs 2,463 per sq.ft, effective from 1 July 2024. This area falls under the Thiruporur SRO and is classified as Residential Class II Type - II.

How the guideline value of Doctor Eden has changed

In the 2023 revision, the guideline value for Doctor Eden was Rs 2,239 per sq.ft. This marked an increase of 10% from the previous figure, bringing the current value to Rs 2,463 per sq.ft in the 2024 revision. The register does not contain figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

The consistent increase in the guideline value reflects the changes made in the recent revisions. The 2024 figure is now equal to the median value of Rs 2,463 per sq.ft for the 27 streets in Kalavakkam under the Thiruporur SRO, which range from Rs 1,816 to Rs 4,250 per sq.ft.

Guideline values in Kalavakkam

In Kalavakkam, the guideline values for different streets vary significantly. The current figure of Rs 2,463 per sq.ft for Doctor Eden is at the median level for the village. Here are the guideline values for other streets in Kalavakkam:

• Doctors Eden Phase - II: Rs 1,980 per sq.ft (2024)
• Happinest: Rs 2,873 per sq.ft (2024)
• Happinest Phase II: Rs 1,925 per sq.ft (2024)
• Happinest Phase III: Rs 2,873 per sq.ft (2024)
• Happinest Phase IV: Rs 2,873 per sq.ft (2024)
• Happinest Phase V: Rs 2,873 per sq.ft (2024)

Stamp duty and registration fee for property in Doctor Eden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,463 per sq.ft, the total guideline value would be Rs 24,63,000. The stamp duty at 7% would amount to Rs 1,72,410, and the registration fee at 2% would be Rs 49,260. Together, these fees would total Rs 2,21,670. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Doctor Eden?

The Doctor Eden area is covered by 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 Kalavakkam

The guideline value plays a crucial role in property transactions in Kalavakkam. It is used to determine the stamp duty and registration fees that are applicable during the sale or purchase of property. Buyers and sellers must consider this value to ensure compliance with local regulations.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. 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 Doctor Eden?

The current guideline value of Doctor Eden in Kalavakkam is Rs 2,463 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 2,239 per sq.ft in 2023 to Rs 2,463 per sq.ft in 2024, reflecting a 10% rise.

What is the land classification for Doctor Eden?

Doctor Eden is classified as Residential Class II Type - II, indicating its use for residential purposes.

Where can I find the Thiruporur Sub Registrar Office?

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

How is the stamp duty calculated in Doctor Eden?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, on a property valued at Rs 24,63,000, the stamp duty would be Rs 1,72,410 at a rate of 7%.