Guideline Value for Kizhandai Vedhi

Kizhandai Vedhi guideline value

The current guideline value of Kizhandai Vedhi is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Mudhukoor village under the Sunguvarchattram SRO and is classified as Residential Class II Type - I.

How the guideline value of Kizhandai Vedhi has changed

The guideline value for Kizhandai Vedhi has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 100 per sq.ft, which was then increased by 100% to Rs 200 per sq.ft in the 2024 revision.

In summary, the guideline value has changed from Rs 100 per sq.ft in 2023 to Rs 200 per sq.ft in 2024. This increase reflects the latest adjustments made in the guideline value register.

Guideline values in Mudhukoor

Mudhukoor village has 29 streets under the Sunguvarchattram SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 448 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, which is the same as the current value for Kizhandai Vedhi.

• Kulakkarai Street: Rs 250 per sq.ft (2024)
• Lake Side: Rs 250 per sq.ft (2024)
• Lake side Phase-III: Rs 250 per sq.ft (2024)
• Kamaraj Nagar: Rs 250 per sq.ft (2024)
• Mansarovar Phase-I: Rs 200 per sq.ft (2024)
• Mappedu Sellum Salai: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Kizhandai Vedhi

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. Please note that the 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 Kizhandai Vedhi?

The Sub Registrar Office that covers Kizhandai Vedhi is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mudhukoor. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is taken into account to ensure that the correct fees are paid. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Kizhandai Vedhi?

The current guideline value of Kizhandai Vedhi is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kizhandai Vedhi was Rs 100 per sq.ft in 2023, which increased to Rs 200 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Kizhandai Vedhi?

Kizhandai Vedhi is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

Where can I find the registration office for Kizhandai Vedhi?

The registration office for Kizhandai Vedhi is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road, Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated for properties in Kizhandai Vedhi?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at 7%.