Guideline Value for Vadakkupattu Old Colony

Vadakkupattu Old Colony guideline value

The current guideline value of Vadakkupattu Old Colony is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and is classified as Residential Class V Type - I.

How the guideline value of Vadakkupattu Old Colony has changed

The guideline value for Vadakkupattu Old Colony has seen a notable change over the years. In the 2017 revision, the value was Rs 201 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 300 per sq.ft. The current 2024 revision has maintained the same value of Rs 300 per sq.ft, resulting in a 49% increase from the 2017 revision to the 2024 revision.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. The overall change from the 2017 revision to the 2024 revision is +49%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft, with a median value of Rs 600 per sq.ft. The guideline value for Vadakkupattu Old Colony is below this median.

• Vadakkupattu New Colony: Rs 400 per sq.ft (2024)
• Vadakkupattu Village: Rs 400 per sq.ft (2024)
• Vaniyar Street: Rs 800 per sq.ft (2024)
• Varasithi Vinayagar Koil Street: Rs 400 per sq.ft (2024)
• Thiru.Vi.ka Street: Rs 600 per sq.ft (2024)
• Thiruvalluvar Veedhi: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Vadakkupattu Old Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total cost of these fees to Rs 27,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vadakkupattu Old Colony?

The Sub Registrar Office that covers Vadakkupattu Old Colony is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Thirukalukundrem A. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction. Buyers and sellers should be aware that the guideline value can influence the overall costs associated with property transactions.

Additionally, the guideline value is used by the government to assess property taxes and other related fees. Understanding the guideline value can help buyers and sellers make informed decisions during the property transaction process.

Frequently asked questions

What is the current guideline value for Vadakkupattu Old Colony?

The current guideline value for Vadakkupattu Old Colony is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vadakkupattu Old Colony was Rs 201 per sq.ft in 2017 and has increased to Rs 300 per sq.ft in both 2023 and 2024, resulting in a 49% increase overall from 2017 to 2024.

What are the guideline values for other streets in Thirukalukundrem A?

Other streets in Thirukalukundrem A have varying guideline values, with rates ranging from Rs 300 to Rs 1,344 per sq.ft. For instance, Vadakkupattu New Colony and Vadakkupattu Village both have a guideline value of Rs 400 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Vadakkupattu Old Colony?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office should I contact for Vadakkupattu Old Colony?

The Thirukazhukundram Sub Registrar Office covers Vadakkupattu Old Colony. It is located at Thiruchengode - 637 211, Chengalpattu registration zone.