Guideline Value for KALANDAR STREET

Kalandar Street guideline value

The current guideline value of Kalandar Street in Kanchipuram Town village is Rs 1,650 per sq.ft, effective from 1 July 2024. This street falls under the Kanchipuram Joint I SRO and is classified as Residential Class II Type - III.

How the guideline value of Kalandar Street has changed

The guideline value of Kalandar Street has seen several revisions over the years. In 2007, the value was Rs 400 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in 2012, marking a rise of 275%. However, this value decreased to Rs 1,005 per sq.ft in 2017, a drop of 33%. The value then rose again to Rs 1,500 per sq.ft in 2023, and most recently to Rs 1,650 per sq.ft in 2024, reflecting a 10% increase.

There are no figures available for the revisions in 2002 and 2003 for Kalandar Street. Overall, from 2007 to 2024, the guideline value has increased by 313%.

Guideline values in Kanchipuram Town

Kanchipuram Town has a total of 85 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 1,650 per sq.ft, which is equal to the current guideline value of Kalandar Street.

• Kamaraj Street(A) Nagar: Rs 1,100 per sq.ft (2024)
• Kamatchiamman North Mada Street: Rs 1,650 per sq.ft (2024)
• Kamatchiamman Sannathi Street: Rs 2,200 per sq.ft (2024)
• Kamatchiamman South Mada Street: Rs 1,650 per sq.ft (2024)
• Kamatchiamman West Mada Street: Rs 1,650 per sq.ft (2024)
• Kanagasubbrayar Street: Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Kalandar Street

For a 1,000 sq.ft plot at the current rate of Rs 1,650 per sq.ft, the guideline value is Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. Please note that 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 Kalandar Street?

The Kanchipuram Joint I Sub Registrar Office covers Kalandar Street. The office is located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Kanchipuram Town. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the property's worth in the context of local regulations. It is essential for buyers to be aware of the current guideline value to ensure they are making informed decisions during the transaction process.

Frequently asked questions

What is the current guideline value of Kalandar Street?

The current guideline value of Kalandar Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, marking an overall increase of 313% over the years.

What is the land classification for Kalandar Street?

Kalandar Street is classified as Residential Class II Type - III under the Kanchipuram Joint I SRO.

What are the stamp duty and registration fees for properties on Kalandar Street?

For a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500.

Which office handles registrations for Kalandar Street?

The Kanchipuram Joint I Sub Registrar Office handles registrations for Kalandar Street, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502.