Guideline Value for Kalaiganar Street / Otteri

Kalaiganar Street / Otteri guideline value

The current guideline value of Kalaiganar Street / Otteri is Rs 1,500 per sq.ft, as per the 2023 revision. This property is located in Vandalur village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Kalaiganar Street / Otteri has changed

The guideline value for Kalaiganar Street / Otteri has undergone several revisions over the years. In the 2007 revision, the guideline value was Rs 550 per sq.ft. This increased significantly to Rs 1,500 per sq.ft in the 2012 revision, marking a rise of 173%. However, in the 2017 revision, the value dropped to Rs 1,005 per sq.ft, which represents a decrease of 33%. The most recent revision in 2023 set the guideline value back to Rs 1,500 per sq.ft, reflecting an increase of 49% from 2017.

It is important to note that there are no figures available for the 2024, 2003, and 2002 revisions for this street. Overall, from 2007 to 2023, the guideline value has increased by 173%.

Guideline values in Vandalur

Currently, there are no specific village figures available for Vandalur. However, the guideline value of Kalaiganar Street / Otteri is Rs 1,500 per sq.ft. There are no other streets in Vandalur under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Kalaiganar Street / Otteri

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value would be Rs 15,00,000. The stamp duty at 7% would amount to Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, making the total Rs 1,35,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalaiganar Street / Otteri?

The Sub Registrar Office that covers Kalaiganar Street / Otteri is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Vandalur. It serves as a benchmark for calculating the stamp duty and registration fees associated with the property sale or purchase.

When a property is sold, the higher of the guideline value or the sale price is used to determine the applicable duties. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value of Kalaiganar Street / Otteri?

The current guideline value of Kalaiganar Street / Otteri is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 550 per sq.ft in 2007 to Rs 1,500 per sq.ft in 2012, then decreased to Rs 1,005 per sq.ft in 2017, and returned to Rs 1,500 per sq.ft in 2023.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Kalaiganar Street / Otteri is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

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

How can I calculate the registration fees for my property?

You can calculate the registration fees for your property using the stamp duty and registration fee calculator available on our site.