Guideline Value for VADIVUDAIAMMAN NAGAR

Vadivudaiamman Nagar guideline value

The current guideline value of Vadivudaiamman Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Kalpakkam village and falls under the Ponneri SRO. The land classification for this street is Residential Class II Type - I.

How the guideline value of Vadivudaiamman Nagar has changed

Looking at the historical revisions, the guideline value for Vadivudaiamman Nagar was Rs 100 per sq.ft in 2023 and has remained unchanged in 2024. Prior to that, in 2017, the value was Rs 67 per sq.ft, marking a significant increase of 49% from 2017 to 2023. The value in 2012 was also Rs 100 per sq.ft, which reflects a decrease of 33% from 2012 to 2017.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has seen no change, remaining at Rs 100 per sq.ft.

Guideline values in Kalpakkam

In total, there are 21 streets in Kalpakkam under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 100 per sq.ft, with the median also being Rs 100 per sq.ft. The guideline value for Vadivudaiamman Nagar is equal to this median.

• Thiruvalluvar Nagar: Rs 100 per sq.ft (2024)
• Thendral Nagar: Rs 100 per sq.ft (2024)
• Sri Prasad Nagar: Rs 100 per sq.ft (2024)
• Sri Bala Jothimurugan Manaipiriuv: Rs 100 per sq.ft (2024)
• Smr Roziya Garden: Rs 100 per sq.ft (2024)
• Shakthi Sai Avenue: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Vadivudaiamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total fees Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Vadivudaiamman Nagar?

The Sub Registrar Office that covers Vadivudaiamman Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kalpakkam. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is considered alongside the sale price, and the higher of the two 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 Vadivudaiamman Nagar?

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

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft in 2023 and 2024. It was Rs 67 per sq.ft in 2017 and Rs 100 per sq.ft in 2012.

What is the land classification for Vadivudaiamman Nagar?

The land classification for Vadivudaiamman Nagar is Residential Class II Type - I.

Where can I find the Sub Registrar Office for Vadivudaiamman Nagar?

The Sub Registrar Office for Vadivudaiamman Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is stamp duty calculated for properties in Vadivudaiamman Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 1,00,000, the stamp duty would be Rs 7,000 at 7%.