Guideline Value for KALIAMMAL NAGAR

Kaliammal Nagar guideline value

The current guideline value of Kaliammal Nagar is Rs 1,200 per sq.ft, as per the 2023 revision. This area is located in Urapakkam village and falls under the Gooduvancheri SRO. The land classification for this locality is Residential Special Type - I.

How the guideline value of Kaliammal Nagar has changed

In the 2017 revision, the guideline value was set at Rs 804 per sq.ft. This marked a significant increase of 49% when compared to the previous revision. The current guideline value of Rs 1,200 per sq.ft was established in the 2023 revision, reflecting the latest update in the register.

It is important to note that there are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street. Therefore, the only revisions with recorded values are from 2017 and 2023.

Guideline values in Urapakkam

Kaliammal Nagar is part of Urapakkam, which is governed by the Gooduvancheri SRO. Currently, there are no other streets in Urapakkam listed with guideline values.

Stamp duty and registration fee for property in Kaliammal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty, charged at 7%, would be Rs 84,000, and the registration fee, at 2%, would be Rs 24,000. Together, the total cost for these fees would be Rs 1,08,000. 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 more detailed calculations.

Which Sub Registrar Office covers Kaliammal Nagar?

The Sub Registrar Office that covers Kaliammal Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Urapakkam. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated based on a standardized valuation.

It is essential for buyers and sellers to be aware of the guideline value as it affects the overall cost of property transactions. This value is particularly important in ensuring compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Kaliammal Nagar?

The current guideline value of Kaliammal Nagar is Rs 1,200 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision of Rs 804 per sq.ft to the current 2023 revision of Rs 1,200 per sq.ft, there has been a 49% increase in the guideline value.

Are there any guideline value figures for 2024?

No, the register does not have a guideline value figure for Kaliammal Nagar for the year 2024.

What are the stamp duty and registration fees for a property in Kaliammal Nagar?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 12,00,000, the total fees would amount to Rs 1,08,000.

Where is the Sub Registrar Office for Kaliammal Nagar located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, Chengalpattu registration zone.