Guideline Value for Keelambakkam Main Road

Keelambakkam Main Road guideline value

The current guideline value of Keelambakkam Main Road is Rs 1,500 per sq.ft, as per the 2023 revision. This street is located in Rathinamangalam village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Type - III.

How the guideline value of Keelambakkam Main Road has changed

In the 2012 revision, the guideline value was Rs 1,500 per sq.ft. However, in the 2017 revision, it decreased to Rs 1,005 per sq.ft, representing a decline of 33%. The most recent revision in 2023 saw the guideline value increase to Rs 1,500 per sq.ft, marking a significant rise of 49% from the previous figure.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained unchanged at Rs 1,500 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Rathinamangalam

Currently, there are no specific village figures available for Rathinamangalam. Keelambakkam Main Road is the only street mentioned in this context, and there are no other streets in Rathinamangalam under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Keelambakkam Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total 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, bringing the total to Rs 1,35,000. It is essential to note that 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 detailed calculations.

Which Sub Registrar Office covers Keelambakkam Main Road?

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

To find more information, you can find your SRO.

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

The guideline value is a crucial factor when registering property in Rathinamangalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

When you buy or sell property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Keelambakkam Main Road?

The current guideline value of Keelambakkam Main Road is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has remained unchanged at Rs 1,500 per sq.ft. However, it did decrease to Rs 1,005 per sq.ft in the 2017 revision before rising back to Rs 1,500 per sq.ft in 2023.

What are the stamp duty and registration fees for property in Keelambakkam Main Road?

For a property valued at Rs 15,00,000, the stamp duty would be Rs 1,05,000 and the registration fee would be Rs 30,000, totaling Rs 1,35,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this area?

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

Are there other streets in Rathinamangalam with guideline values?

Currently, there are no other streets in Rathinamangalam listed under the Gooduvancheri SRO. Keelambakkam Main Road is the only street mentioned in this context.