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Guideline Value

Corporate

Guideline Value for IND. AREA COODALUR VILLAGE (WARD -9)

₹1100/sq.ft.

The guideline value for Ind. Area Coodalur Village (ward -9) in Goodaloor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Goodaloor

Village

Chengleput Joint II

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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 Ind. Area Coodalur Village (ward -9)

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Ind. Area Coodalur Village (Ward -9) guideline value

The current guideline value of Ind. Area Coodalur Village (Ward -9) is Rs 1,100 per sq.ft, effective from 1 July 2024. This area falls under the Chengleput Joint II SRO and is classified as Residential Special Type - II.

How the guideline value of Ind. Area Coodalur Village (Ward -9) has changed

Over the years, the guideline value for Ind. Area Coodalur Village has seen several revisions. In 2012, the value was Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in 2017. Following this, there was a significant increase to Rs 1,000 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 1,100 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

The changes between these revisions are notable. From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The increase from 2023 to 2024 is 10%, leading to an overall increase of 10% from 2012 to 2024.

Guideline values in Goodaloor

In Goodaloor, there are 53 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 385 to Rs 2,510 per sq.ft. The median value is Rs 660 per sq.ft, and the guideline value for Ind. Area Coodalur Village is above this median.

Stamp duty and registration fee for property in Ind. Area Coodalur Village (Ward -9)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 details.

Which Sub Registrar Office covers Ind. Area Coodalur Village (Ward -9)?

The Sub Registrar Office that covers Ind. Area Coodalur Village (Ward -9) is 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 Goodaloor

The guideline value plays a crucial role in property transactions in Goodaloor. It is used to determine the stamp duty and registration fees that are applicable when a property is bought or sold. The guideline value is set by the government and is updated periodically based on various factors.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in real estate dealings. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for Ind. Area Coodalur Village (Ward -9)?

The current guideline value for Ind. Area Coodalur Village (Ward -9) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and finally to Rs 1,100 per sq.ft in 2024.

What is the land classification for Ind. Area Coodalur Village?

Ind. Area Coodalur Village is classified as Residential Special Type - II.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 11,00,000, the total fees would be Rs 99,000.

Which office handles registrations for Ind. Area Coodalur Village?

The Chengleput Joint II Sub Registrar Office handles registrations for Ind. Area Coodalur Village, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.