Guideline Value

Corporate

Guideline Value for DR. KALAM CITY

₹200/sq.ft.

The guideline value for Dr. Kalam City in Vadamadurai-1 village (Arani_tiruvallur SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vadamadurai-1

Village

Arani_Tiruvallur

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

No.10, S.p Kovil Street, Arani,ponneri(tk),thiruvallur(dt) - 601 101
044-27927859
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]

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Dr. Kalam City guideline value

The current guideline value of Dr. Kalam City in Vadamadurai-1 village is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Arani_Tiruvallur SRO and is classified as Residential Class II Type - III.

How the guideline value of Dr. Kalam City has changed

The guideline value for Dr. Kalam City has seen several revisions over the years. In the 2017 revision, the value was Rs 134 per sq.ft. This increased significantly to Rs 200 per sq.ft in both the 2023 and 2024 revisions, marking a 49% increase from 2017 to 2023 and an overall 49% increase from 2017 to 2024. The register has no figure for this street for the years 2002, 2003, 2007, and 2012.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 200 per sq.ft. The consistent value in the last two revisions indicates stability in the guideline value for this street.

Guideline values in Vadamadurai-1

In Vadamadurai-1, there are nine streets under the Arani_Tiruvallur SRO that carry a 2024 guideline value ranging from Rs 175 to Rs 500 per sq.ft, with the median value being Rs 200 per sq.ft. Dr. Kalam City's 2024 figure aligns with this median.

Stamp duty and registration fee for property in Dr. Kalam City

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dr. Kalam City?

The Dr. Kalam City area is covered by the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri(tk), Thiruvallur(dt) - 601 101. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Vadamadurai-1

The guideline value plays a crucial role during property registration in Vadamadurai-1. It is used to determine the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When buying or selling a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dr. Kalam City?

The current guideline value of Dr. Kalam City is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in 2023 and 2024, marking a 49% increase overall from 2017 to 2024.

What is the registration office for Dr. Kalam City?

The registration office for Dr. Kalam City is the Arani_Tiruvallur Sub Registrar Office, located at No.10, S.p Kovil Street, Arani, Ponneri(tk), Thiruvallur(dt) - 601 101.

What are the stamp duty rates for properties in Dr. Kalam City?

The stamp duty rate for properties in Dr. Kalam City is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

Where can I find more information about guideline values?

More information about guideline values can be found in the Registration Department's guideline value register (TNReginet) or by visiting the relevant links for each street.