Guideline Value

Corporate

Guideline Value for Doctor's Township Part-II

₹800/sq.ft.

The guideline value for Doctor's Township Part-ii in Kavanur village (Gooduvancheri SRO, Chengalpattu zone) is Rs 800 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kavanur

Village

Gooduvancheri

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹800 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹310 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Doctor's Township Part-ii

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Doctor's Township Part-II guideline value

The current guideline value for Doctor's Township Part-II in Kavanur village is Rs 800 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - III.

How the guideline value of Doctor's Township Part-II has changed

Over the years, the guideline value for Doctor's Township Part-II has seen several revisions. The 2007 revision set the value at Rs 310 per sq.ft, which increased to Rs 800 per sq.ft in the 2012 revision. However, there was a decrease to Rs 536 per sq.ft in the 2017 revision. The most recent revisions in 2023 and 2024 have kept the guideline value constant at Rs 800 per sq.ft, showing no change from 2023 to 2024.

From 2017 to 2023, there was a significant increase of 49%, while the overall change from the 2007 revision to the current 2024 value reflects a substantial increase of 158%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kavanur

In Kavanur village, there are 109 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 2,239 per sq.ft. The median guideline value is Rs 800 per sq.ft, making Doctor's Township Part-II's current value equal to this median.

Stamp duty and registration fee for property in Doctor's Township Part-II

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty is charged at 7%, which totals Rs 56,000, and the registration fee at 2% amounts to Rs 16,000. Therefore, the total cost for stamp duty and registration fee would be Rs 72,000. 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 Doctor's Township Part-II?

The Sub Registrar Office that covers Doctor's Township Part-II is the Gooduvancheri Sub Registrar Office, 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 Kavanur

The guideline value plays a crucial role in the registration process when buying or selling property in Kavanur. It serves as a benchmark for determining the minimum value at which property transactions can be registered. This ensures transparency and helps in calculating the applicable stamp duty and registration fees.

When a property is sold, the guideline value is used to assess the stamp duty and registration fees based on the higher of the guideline value or the actual sale price. This means that buyers and sellers must be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value for Doctor's Township Part-II?

The current guideline value for Doctor's Township Part-II is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 310 per sq.ft to Rs 800 per sq.ft in 2012, decreased to Rs 536 per sq.ft in 2017, and remained steady at Rs 800 per sq.ft in 2023 and 2024.

What is the land classification for Doctor's Township Part-II?

Doctor's Township Part-II is classified as Residential Special Type - III, indicating its designation for residential purposes.

Where can I find the Sub Registrar Office for this area?

The Gooduvancheri Sub Registrar Office covers Doctor's Township Part-II, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 at 7%, along with a registration fee of Rs 16,000 at 2%.