Guideline Value for KALLUKKADAI ST

Kallukkadai St guideline value

The current guideline value of Kallukkadai St is Rs 990 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village, under the Avadi SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Kallukkadai St has changed

The guideline value for Kallukkadai St has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which was then reduced to Rs 603 per sq.ft in the 2017 revision. Following that, the 2023 revision increased the value to Rs 900 per sq.ft, and the most recent 2024 revision has raised it to Rs 990 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, and by 10% from 2023 to 2024. Overall, from 2012 to 2024, the value has increased by 10%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO, with guideline values ranging from Rs 801 to Rs 4,730 per sq.ft as of 2024. The median value for these streets is Rs 1,625 per sq.ft, which means Kallukkadai St's 2024 figure is below that median.

• Kamala Vinayagar St: Rs 950 per sq.ft (2024)
• Kalaignar Nagar, T.R.T.St., Govarthanagiri: Rs 950 per sq.ft (2024)
• Kalaignar Nagar Dr.Ambedkar Nagar, Govarthanagiri: Rs 950 per sq.ft (2024)
• Kalaignar Nagar Dr.Ambedkar 2nd Street, Govarthana: Rs 950 per sq.ft (2024)
• Kalaignar Nagar Dr.Ambedkar 1st Street, Govarthana: Rs 950 per sq.ft (2024)
• Kamarajar Nagar Nehru Colony: Rs 1,625 per sq.ft (2024)

Stamp duty and registration fee for property in Kallukkadai St

For a 1,000 sq.ft plot at the current guideline value of Rs 990 per sq.ft, the total guideline value would be Rs 9,90,000. The stamp duty at 7% would amount to Rs 69,300, and the registration fee at 2% would be Rs 19,800, making the total cost for these fees Rs 89,100. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Kallukkadai St?

Kallukkadai St is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for additional assistance.

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

The guideline value is a critical factor in the registration process of property transactions in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when a property is sold or purchased.

When registering a property, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Kallukkadai St?

The current guideline value of Kallukkadai St is Rs 990 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increased to Rs 900 per sq.ft in 2023, and finally to Rs 990 per sq.ft in 2024.

What is the land classification for Kallukkadai St?

Kallukkadai St falls under the Residential Class I Type - I land classification.

What are the guideline values for other streets in Paruthipattu?

Other streets in Paruthipattu have guideline values ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.