Guideline Value for KANAGAMBARAM POO STREET

Kanagambaram Poo Street guideline value

The current guideline value of Kanagambaram Poo Street is Rs 626 per sq.ft. It is located in Kakkalur village under the Tiruvallur Joint 1 SRO, classified as Residential Class II Type - III.

How the guideline value of Kanagambaram Poo Street has changed

The guideline value for Kanagambaram Poo Street has seen several revisions over the years. The earliest recorded figure is from 2007, set at Rs 100 per sq.ft. This increased significantly to Rs 625 per sq.ft in 2012, marking a rise of 525%. However, from 2012 to 2017, the value decreased to Rs 419 per sq.ft, a decline of 33%. The value then rose to Rs 626 per sq.ft in 2023, and remained unchanged in the 2024 revision.

Between 2017 and 2023, the guideline value increased by 49%. Overall, from 2007 to 2024, the guideline value has risen by 526%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kakkalur

Kakkalur village has a total of 133 streets under the Tiruvallur Joint 1 SRO, with guideline values ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value is Rs 626 per sq.ft, which is the same as the 2024 figure for Kanagambaram Poo Street.

• Kamakshi Avenue: Rs 626 per sq.ft (2024)
• Kasthuri Garden: Rs 626 per sq.ft (2024)
• Kakkalur Tamil Nadu Housing Board -Type-A,B: Rs 400 per sq.ft (2024)
• Kakkalur - Putlur Main Road: Rs 626 per sq.ft (2024)
• Kakkalur Housing Board Mig Type: Rs 2,500 per sq.ft (2024)
• Kakkalur Housing Board Lig Type: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Kanagambaram Poo Street

For a 1,000 sq.ft plot at the current guideline value of Rs 626 per sq.ft, the total guideline value amounts to Rs 6,26,000. The stamp duty at 7% would be Rs 43,820, and the registration fee at 2% would be Rs 12,520, totaling Rs 56,340. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kanagambaram Poo Street?

The Sub Registrar Office covering Kanagambaram Poo Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Kakkalur, as it determines the minimum price at which a property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.

It is important for buyers and sellers to be aware of the current guideline value, as it impacts the overall cost of property transactions. Accurate knowledge of the guideline value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Kanagambaram Poo Street?

The current guideline value of Kanagambaram Poo Street is Rs 626 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 626 per sq.ft in 2024, reflecting an overall increase of 526% over the years.

Which Sub Registrar Office covers Kanagambaram Poo Street?

The Tiruvallur Joint 1 Sub Registrar Office covers Kanagambaram Poo Street, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

What are the stamp duty and registration fees for properties in Kakkalur?

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For example, a 1,000 sq.ft plot at Rs 626 per sq.ft incurs a total fee of Rs 56,340.

Where can I find more information about guideline values in Kakkalur?

You can find more information about guideline values and related fees on the official registration department's website or by visiting the Tiruvallur Joint 1 SRO.