Guideline Value for Crystal Paradise Phase - II

Crystal Paradise Phase - II guideline value

The current guideline value of Crystal Paradise Phase - II in Kayirambedu village is Rs 2,389 per sq.ft, effective from 1 July 2024. This property falls under the Chengleput Joint II SRO and is classified as Mixed Special Type - II.

How the guideline value of Crystal Paradise Phase - II has changed

The guideline value register for Crystal Paradise Phase - II shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 2,389 per sq.ft.

There have been no changes in the guideline value between these revisions. The 2024 figure is the only available rate for this street in the current register.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 3,550 per sq.ft, with a median value of Rs 700 per sq.ft. The guideline value for Crystal Paradise Phase - II is above this median.

• Chozha Nagar: Rs 700 per sq.ft (2024)
• Bridhavan Avenue: Rs 700 per sq.ft (2024)
• Blue Bell Avenue: Rs 1,500 per sq.ft (2024)
• Eden Garden: Rs 700 per sq.ft (2024)
• Bhavanipuram: Rs 700 per sq.ft (2024)
• Ganapathy Avenue: Rs 2,389 per sq.ft (2024)

Stamp duty and registration fee for property in Crystal Paradise Phase - II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,389 per sq.ft, the total guideline value would be Rs 23,89,000. The stamp duty at 7% would amount to Rs 1,67,230, and the registration fee at 2% would be Rs 47,780, bringing the total fees together to Rs 2,15,010. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Crystal Paradise Phase - II?

The Sub Registrar Office that covers Crystal Paradise Phase - II is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kayirambedu. It is used to calculate the stamp duty and registration fees during the registration process, ensuring that the appropriate taxes are collected based on the property's assessed value.

When buying or selling property, the guideline value serves as a benchmark for determining the minimum price at which a property can be registered. This ensures transparency and compliance with local regulations during property transfers.

Frequently asked questions

What is the current guideline value of Crystal Paradise Phase - II?

The current guideline value of Crystal Paradise Phase - II is Rs 2,389 per sq.ft, effective from 1 July 2024.

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revision for Crystal Paradise Phase - II occurring in 2024. Previous revisions for this street have no figures available for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the land classification of Crystal Paradise Phase - II?

Crystal Paradise Phase - II is classified as Mixed Special Type - II according to the local land classification regulations.

How is the stamp duty calculated for properties in Kayirambedu?

Stamp duty for properties in Kayirambedu is calculated based on the higher of the guideline value or the sale price. For example, at the current guideline value of Rs 2,389 per sq.ft, the stamp duty would be calculated accordingly during registration.

Where can I find the Sub Registrar Office for Crystal Paradise Phase - II?

The Sub Registrar Office for Crystal Paradise Phase - II is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information by visiting the registration department's website.