Guideline Value for KALIVANTHAPATTU KADAMBUR MAIN ROAD (WARD -9)

Kalivanthapattu Kadambur Main Road (Ward -9) guideline value

The current guideline value of Kalivanthapattu Kadambur Main Road (Ward -9) is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Goodaloor village and falls under the Chengleput Joint II SRO, classified as Residential Class I Type - III.

How the guideline value of Kalivanthapattu Kadambur Main Road (Ward -9) has changed

The guideline value for Kalivanthapattu Kadambur Main Road has undergone several revisions over the years. In 2012, the value was Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly to Rs 500 per sq.ft, representing a rise of 49%. The latest revision in 2024 set the value at Rs 550 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has seen a modest increase of 10%.

Guideline values in Goodaloor

In Goodaloor, there are 53 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 385 to Rs 2,510 per sq.ft, with a median value of Rs 660 per sq.ft. The guideline value for Kalivanthapattu Kadambur Main Road is below this median.

• Kalivanthapattu Main Road (Ward -9): Rs 550 per sq.ft (2024)
• Kamarajar Street (Ward -9): Rs 550 per sq.ft (2024)
• Kadambur Main (Ward -9): Rs 550 per sq.ft (2024)
• Ind. Area Coodalur Village (Ward -9): Rs 1,100 per sq.ft (2024)
• Hallmark Apts Coodalur Village (Ward -9): Rs 2,200 per sq.ft (2024)
• Green Town: Rs 737 per sq.ft (2024)

Stamp duty and registration fee for property in Kalivanthapattu Kadambur Main Road (Ward -9)

For a 1,000 sq.ft plot at the current rate of Rs 550 per sq.ft, the guideline value amounts to Rs 5,50,000. The stamp duty, charged at 7%, would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total to Rs 49,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kalivanthapattu Kadambur Main Road (Ward -9)?

The Sub Registrar Office that covers Kalivanthapattu Kadambur Main Road (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 is a critical factor in the registration process when buying or selling property in Goodaloor. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Kalivanthapattu Kadambur Main Road (Ward -9)?

The current guideline value of Kalivanthapattu Kadambur Main Road (Ward -9) is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased to Rs 500 per sq.ft in 2023, and finally to Rs 550 per sq.ft in 2024.

What is the land classification for this area?

Kalivanthapattu Kadambur Main Road (Ward -9) is classified as Residential Class I Type - III.

What are the other streets in Goodaloor with similar guideline values?

Other streets in Goodaloor with a guideline value of Rs 550 per sq.ft include Kalivanthapattu Main Road (Ward -9) and Kamarajar Street (Ward -9), among others.

Where can I find the Chengleput Joint II Sub Registrar Office?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.