Guideline Value for DR.ABDUL KALAM NAGAR

Dr.Abdul Kalam Nagar guideline value

The current guideline value of Dr.Abdul Kalam Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Kattupakkam village under the Gooduvancheri SRO, classified as Residential Class I Type - I.

How the guideline value of Dr.Abdul Kalam Nagar has changed

The guideline value for Dr.Abdul Kalam Nagar has undergone several revisions over the years. The 2017 revision set the value at Rs 268 per sq.ft, which remained unchanged in the 2023 revision. As of the 2024 revision, the guideline value increased to Rs 400 per sq.ft, marking a 49% increase from the 2017 figure.

From the 2023 revision to the 2024 revision, there was no change, reflecting a 0% increase. Overall, from 2017 to 2024, the guideline value has increased by 49%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kattupakkam

In Kattupakkam, there are 27 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 1,500 per sq.ft, with a median value of Rs 500 per sq.ft. Dr.Abdul Kalam Nagar's 2024 figure is below this median.

• Dalmia Nagar: Rs 500 per sq.ft (2024)
• Ishwarya Avenue: Rs 500 per sq.ft (2024)
• Ishwarya Nagar: Rs 500 per sq.ft (2024)
• Ishwarya Nagar Phase-II: Rs 400 per sq.ft (2024)
• Jawahar Nagar: Rs 500 per sq.ft (2024)
• Arulmigu Mupathamman Nagar: Rs 450 per sq.ft (2024)

Stamp duty and registration fee for property in Dr.Abdul Kalam Nagar

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dr.Abdul Kalam Nagar?

The Gooduvancheri Sub Registrar Office covers Dr.Abdul Kalam Nagar. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property in Kattupakkam. It is used to determine the stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price of the property.

When buying or selling property, it is crucial to be aware of the guideline value, as it influences the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Dr.Abdul Kalam Nagar?

The current guideline value of Dr.Abdul Kalam Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 268 per sq.ft in 2017 to Rs 400 per sq.ft in 2024, reflecting a 49% increase overall. There was no change in the value from 2023 to 2024.

What is the stamp duty for property in Dr.Abdul Kalam Nagar?

The stamp duty for property in Dr.Abdul Kalam Nagar is 7% of the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot at Rs 400 per sq.ft, the stamp duty would be Rs 28,000.

Which office handles property registrations in Dr.Abdul Kalam Nagar?

The Gooduvancheri Sub Registrar Office handles property registrations in Dr.Abdul Kalam Nagar. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What are the other streets with guideline values in Kattupakkam?

Other streets in Kattupakkam include Dalmia Nagar, Ishwarya Avenue, Ishwarya Nagar, Ishwarya Nagar Phase-II, Jawahar Nagar, and Arulmigu Mupathamman Nagar, with values ranging from Rs 400 to Rs 500 per sq.ft in 2024.