Guideline Value for HOUSING BOARD
₹440/sq.ft.
The guideline value for Housing Board in Kadaperi village (Madurandakam SRO, Chengalpattu zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kadaperi
Village
Madurandakam
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹440 /sq.ft. |
| From 1-4-2023 | ₹400 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹268 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹400 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹150 /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)
No.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Housing Board
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Madurandakam sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Housing Board guideline value
The current guideline value for Housing Board in Kadaperi village, under the Madurandakam SRO, is Rs 440 per sq.ft, effective from 1 July 2024. The land classification is Residential Class II Type - I.
How the guideline value of Housing Board has changed
The guideline value for Housing Board in Kadaperi has undergone several revisions over the years. The 2007 revision set the value at Rs 150 per sq.ft, which increased to Rs 400 per sq.ft in 2012. However, in 2017, the value decreased to Rs 268 per sq.ft, before rising to Rs 400 per sq.ft again in 2023. The most recent revision in 2024 has set the value at Rs 440 per sq.ft, marking a 10% increase from the previous year.
From 2007 to 2024, the overall increase in guideline value has been 193%. Notably, there are no figures available for the years 2002 and 2003 in the register for this street.
Guideline values in Kadaperi
- Kadapperi Bajanai Koil Street: Rs 550 per sq.ft (2024)
- Kadapperi Bharathi Street: Rs 550 per sq.ft (2024)
- Kadapperi Gurukkal Street: Rs 550 per sq.ft (2024)
- Kadapperi Ilango Street: Rs 770 per sq.ft (2024)
- Kadapperi Kammala Street: Rs 550 per sq.ft (2024)
- Kadapperi Madapa Theru: Rs 550 per sq.ft (2024)
Stamp duty and registration fee for property in Housing Board
For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty, calculated at 7%, would be Rs 30,800, while the registration fee at 2% would be Rs 8,800. Together, these fees total Rs 39,600. It is important to note that the stamp 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 more detailed calculations.
Which Sub Registrar Office covers Housing Board?
The Housing Board in Kadaperi is covered by the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Kadaperi
The guideline value plays a crucial role in the registration process when buying or selling property in Kadaperi. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.
When a buyer or seller engages in a transaction, the guideline value is referenced to assess the applicable fees. If the sale price exceeds the guideline value, the stamp duty will be calculated based on the sale price instead.
Frequently asked questions
What is the current guideline value for Housing Board in Kadaperi?
The current guideline value for Housing Board in Kadaperi is Rs 440 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 150 per sq.ft in 2007 to Rs 440 per sq.ft in 2024, reflecting an overall increase of 193% over the period.
What are the other streets in Kadaperi and their guideline values?
Other streets in Kadaperi include Kadapperi Bajanai Koil Street, Kadapperi Bharathi Street, Kadapperi Gurukkal Street, Kadapperi Ilango Street, Kadapperi Kammala Street, and Kadapperi Madapa Theru, with values ranging from Rs 550 to Rs 770 per sq.ft in 2024.
What fees are associated with buying property in Housing Board?
When buying property in Housing Board, buyers must pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.
Where is the Sub Registrar Office for Housing Board located?
The Madurandakam Sub Registrar Office covers Housing Board in Kadaperi and is located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.
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