Guideline Value for FORD CITY (PER)

₹660/sq.ft.

The guideline value for Ford City (per) in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Ford City (per)

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Ford City (Per) guideline value

The current guideline value for Ford City (Per) in Kattankollatur village is Rs 660 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class I Type - III land classification and is registered with the Chengleput Joint II SRO.

How the guideline value of Ford City (Per) has changed

The guideline value for Ford City (Per) has undergone several revisions over the years. The earliest recorded value is from 2012, which was Rs 600 per sq.ft. This was followed by a decrease to Rs 402 per sq.ft in 2017. The value then increased to Rs 600 per sq.ft in 2023, and most recently, it has risen to Rs 660 per sq.ft in 2024, marking a 10% increase from the previous year.

Between the revisions, the guideline value saw significant changes. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kattankollatur

Kattankollatur village has a total of 453 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in the village is Rs 1,100 per sq.ft, placing Ford City (Per) below this median value.

Stamp duty and registration fee for property in Ford City (Per)

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, resulting in a total cost of Rs 59,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Ford City (Per)?

The Ford City (Per) area is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kattankollatur. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that the correct amounts are paid to the government.

When a property is sold, the guideline value serves as a benchmark for the minimum price at which the property can be registered. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations during the transaction.

Frequently asked questions

What is the current guideline value of Ford City (Per)?

The current guideline value of Ford City (Per) is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then to Rs 600 per sq.ft in 2023, and finally to Rs 660 per sq.ft in 2024.

What are the other streets in Kattankollatur with their guideline values?

Other streets in Kattankollatur include Ganapathi Nagar (Ward -15) at Rs 440 per sq.ft, Ganapathi Nagar (Ward -19) at Rs 660 per sq.ft, and Ganapathi Puram Kattankolathur (Ward -17) at Rs 550 per sq.ft, among others.

What is the registration fee for a property in Ford City (Per)?

The registration fee for a property in Ford City (Per) is calculated based on the guideline value. For example, a property valued at Rs 6,60,000 would incur a registration fee of Rs 13,200 at 2%.

Where can I find the Sub Registrar Office for Ford City (Per)?

The Sub Registrar Office covering Ford City (Per) is the Chengleput Joint II SRO, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information by visiting the appropriate link.