Guideline Value for Kalaivanar Street

Kalaivanar Street guideline value

The current guideline value of Kalaivanar Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Thiruvallur village under the Tiruvallur Joint 1 SRO, classified as Residential Class I Type - III.

How the guideline value of Kalaivanar Street has changed

The guideline value for Kalaivanar Street has undergone several revisions over the years. In 2007, the value was set at Rs 200 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a 400% rise. However, from 2012 to 2017, the value decreased by 33% to Rs 670 per sq.ft. The 2023 revision saw a substantial increase of 49%, bringing the value to Rs 1,000 per sq.ft, followed by a further increase of 10% in 2024, resulting in the current value of Rs 1,100 per sq.ft.

It is important to note that the register has no figures for Kalaivanar Street for the years 2002 and 2003. Overall, from 2007 to 2024, the guideline value has increased by 450%.

Guideline values in Thiruvallur

In Thiruvallur, there are 172 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 550 to Rs 3,850 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, which is equal to the current guideline value of Kalaivanar Street.

• Kamadenu Street: Rs 1,100 per sq.ft (2024)
• Kakkalore Road: Rs 3,300 per sq.ft (2024)
• Kaikalamegam Street: Rs 1,100 per sq.ft (2024)
• Kamarajapuram: Rs 1,650 per sq.ft (2024)
• Kamarajar St lane-1: Rs 1,650 per sq.ft (2024)
• Kamarajar St lane-2: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Kalaivanar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total fees together Rs 99,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kalaivanar Street?

The Sub Registrar Office that covers Kalaivanar 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 Thiruvallur

The guideline value is an essential factor in the registration process when buying or selling property in Thiruvallur. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

Frequently asked questions

What is the current guideline value of Kalaivanar Street?

The current guideline value of Kalaivanar Street is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 450% over the years.

What is the registration office for Kalaivanar Street?

The registration office for Kalaivanar Street is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

What are the stamp duty rates for properties in Thiruvallur?

The stamp duty rate for properties in Thiruvallur is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

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

More information about guideline values in Thiruvallur can be found in the registration department's guideline value register (TNReginet) and through local real estate resources.