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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 Kadampur 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

Kadampur

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 for 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

The guideline value for Ind. Area Coodalur Village has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which was then reduced to Rs 670 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 has set the guideline value at Rs 1,100 per sq.ft. Notably, there are no figures for the years 2002, 2003, and 2007 in the register for this street.

Between the revisions, the changes are as follows: from 2012 to 2017, there was a decrease of 33%; from 2017 to 2023, the value increased by 49%; and from 2023 to 2024, the value rose by 10%. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Kadampur

In Kadampur, there are 44 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 385 to Rs 2,200 per sq.ft, with a median value of Rs 551 per sq.ft. The guideline value for Ind. Area Coodalur Village (Ward -9) 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. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can also 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, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kadampur. It serves as the baseline for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When buying or selling property, the guideline value helps in determining the legal and financial obligations involved in the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations and to avoid any potential disputes during the registration process.

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 back to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft in 2024.

Which office handles registrations for Ind. Area Coodalur Village (Ward -9)?

The Chengleput Joint II Sub Registrar Office handles registrations for Ind. Area Coodalur Village (Ward -9), located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What are the stamp duty rates for property transactions in this area?

The stamp duty rate for property transactions in Ind. Area Coodalur Village is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

How is the guideline value determined for properties in Kadampur?

The guideline value for properties in Kadampur is determined by the Registration Department's guideline value register, which is revised periodically to reflect changes in land classification and market conditions.