Guideline Value for POULTRY FARM QUARTERS (WARD -19)

Poultry Farm Quarters (Ward -19) guideline value

The current guideline value for Poultry Farm Quarters (Ward -19) is Rs 440 per sq.ft, effective from 1 July 2024. This area is located in Kattankollatur village under the Chengleput Joint II SRO, classified as Residential Class II Type - II.

How the guideline value of Poultry Farm Quarters (Ward -19) has changed

The guideline value for Poultry Farm Quarters (Ward -19) has seen several revisions over the years. In 2012, the value was Rs 400 per sq.ft, which decreased to Rs 268 per sq.ft in 2017. The value then increased significantly to Rs 400 per sq.ft in 2023, and currently stands at Rs 440 per sq.ft as of the 2024 revision. The register has no figure for this street in the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The overall change from 2012 to 2024 is an increase of 10%.

Guideline values in Kattankollatur

Kattankollatur has a range of guideline values across its 453 streets, with figures for 2024 varying from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this village is Rs 1,100 per sq.ft, indicating that Poultry Farm Quarters (Ward -19) is below this median value.

• Post Office Street (Ward -15): Rs 440 per sq.ft (2024)
• Poyyamozhi Pulan Street (Per): Rs 1,320 per sq.ft (2024)
• Popayar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Poongundranar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Poombavaiyar Street (Ward -7): Rs 1,320 per sq.ft (2024)
• Ponniamman Koil Street Peramanur (Ward -15): Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Poultry Farm Quarters (Ward -19)

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty, charged at 7%, amounts to Rs 30,800, and the registration fee, charged at 2%, is Rs 8,800. Together, the total cost for these fees would be Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Poultry Farm Quarters (Ward -19)?

The Poultry Farm Quarters (Ward -19) is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Kattankollatur. It serves as the benchmark for determining the stamp duty and registration fees that need to be paid during the transfer of property ownership.

When buying or selling property, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for both legal and taxation purposes. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Poultry Farm Quarters (Ward -19)?

The current guideline value for Poultry Farm Quarters (Ward -19) is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then increased to Rs 400 per sq.ft in 2023, and currently stands at Rs 440 per sq.ft in 2024.

What is the land classification for Poultry Farm Quarters (Ward -19)?

Poultry Farm Quarters (Ward -19) is classified as Residential Class II Type - II under the Chengleput Joint II SRO.

Where can I find the Sub Registrar Office for Poultry Farm Quarters (Ward -19)?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated for properties in Poultry Farm Quarters (Ward -19)?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a plot valued at Rs 4,40,000, the stamp duty would be Rs 30,800 at a rate of 7%.