Guideline Value

Corporate

Guideline Value for Doctor's Township Part-IV

₹800/sq.ft.

The guideline value for Doctor's Township Part-iv 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-iv

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Doctor's Township Part-IV guideline value

The current guideline value of Doctor's Township Part-IV is Rs 800 per sq.ft, effective from 1 July 2024. This area is located in Kavanur village and falls under the Gooduvancheri SRO. The land classification for this property is Residential Special Type - III.

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

In the 2007 revision, the guideline value was set at Rs 310 per sq.ft. This increased significantly to Rs 800 per sq.ft in the 2012 revision, marking a rise of 158%. However, in the 2017 revision, the value dropped to Rs 536 per sq.ft, a decrease of 33%. The guideline value then increased again to Rs 800 per sq.ft in the 2023 revision. The current 2024 revision maintains this figure, showing no change from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 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

Kavanur village has a total of 109 streets under the Gooduvancheri SRO, with the 2024 guideline values ranging from Rs 500 to Rs 2,239 per sq.ft. The median guideline value is Rs 800 per sq.ft, placing Doctor's Township Part-IV at the median value for 2024.

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

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, totaling Rs 72,000. 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 Doctor's Township Part-IV?

The Sub Registrar Office that covers Doctor's Township Part-IV 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 is a critical factor in property transactions in Kavanur. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value serves as a reference point for the government to assess the value of the property being registered.

When selling property, the guideline value ensures that the transaction is recorded at a fair value for tax purposes. It helps maintain transparency and consistency in property dealings, ensuring that all parties are aware of the official valuation of the property.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 310 per sq.ft in 2007 to Rs 800 per sq.ft in 2012, then decreased to Rs 536 per sq.ft in 2017, and returned to Rs 800 per sq.ft in 2023 and 2024.

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

The land classification for Doctor's Township Part-IV is Residential Special Type - III, which indicates its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000, and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office handles the registration for Doctor's Township Part-IV?

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