Guideline Value for Kadharmohideen St

Kadharmohideen St guideline value

The current guideline value of Kadharmohideen St in Oragadam village is Rs 1,600 per sq.ft, effective from 1 July 2024. This street falls under the Ambattur SRO and is classified as Residential Class II Type - I.

How the guideline value of Kadharmohideen St has changed

The guideline value for Kadharmohideen St has seen several revisions over the years. Starting from Rs 74 per sq.ft in 2002, it increased to Rs 110 per sq.ft in 2003, marking a 49% rise. The value then rose significantly to Rs 300 per sq.ft in 2007, reflecting a 173% increase. In 2012, the value was Rs 1,500 per sq.ft, which was a 400% increase from the previous revision. However, between 2012 and 2017, the value dropped to Rs 1,005 per sq.ft, showing a decrease of 33%.

From 2017 to 2023, the guideline value increased to Rs 1,500 per sq.ft, which is a 49% rise. The most recent revision in 2024 set the guideline value at Rs 1,600 per sq.ft, representing a 7% increase from the previous year. There are no figures available for the revisions of years not listed.

Guideline values in Oragadam

In Oragadam, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Kadharmohideen St's 2024 figure is below this median.

• Kabilar Street (Vijayalakshmipuram): Rs 2,400 per sq.ft (2024)
• Kabilar Street (Pudur): Rs 1,900 per sq.ft (2024)
• Jupiter Street: Rs 1,600 per sq.ft (2024)
• Kakkanji Street (11th Ward): Rs 1,600 per sq.ft (2024)
• Kakkanji Street (S.V.Nagar): Rs 1,600 per sq.ft (2024)
• Jothi Venkatachalam Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kadharmohideen St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kadharmohideen St?

The Kadharmohideen St falls under the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Oragadam. It is used to determine the stamp duty and registration fees that must be paid during the property registration process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps maintain transparency in property dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Kadharmohideen St?

The current guideline value of Kadharmohideen St is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 74 per sq.ft in 2002 to Rs 1,600 per sq.ft in 2024, showing an overall increase of 2062% across the revisions.

What is the land classification for Kadharmohideen St?

Kadharmohideen St is classified as Residential Class II Type - I.

Where can I find the Sub Registrar Office for Kadharmohideen St?

The Sub Registrar Office for Kadharmohideen St is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.

How is the stamp duty calculated for properties in Kadharmohideen St?

The stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property with a guideline value of Rs 16,00,000, the stamp duty would be Rs 1,12,000 at 7%.