Guideline Value for G K S DIAMOND GREEN

G K S Diamond Green guideline value

The current guideline value of G K S Diamond Green is Rs 2,239 per sq.ft, effective from 1 July 2024. This property is located in Kavanur village, under the Gooduvancheri SRO, and is classified as Residential Class I Type - II.

How the guideline value of G K S Diamond Green has changed

The guideline value for G K S Diamond Green has undergone several revisions over the years. In the 2017 revision, the value was set at Rs 1,500 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, but in the 2024 revision, the guideline value increased to Rs 2,239 per sq.ft, marking a 49% increase from the 2017 figure.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 2,239 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kavanur

Kavanur village has a total of 109 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 500 to Rs 2,239 per sq.ft as of 2024. The median guideline value in this area is Rs 800 per sq.ft, placing G K S Diamond Green's 2024 figure above the median.

• Gks Enclave: Rs 2,239 per sq.ft (2024)
• Gangai Amman Nagar: Rs 700 per sq.ft (2024)
• Gopalsamy Nagar: Rs 800 per sq.ft (2024)
• G.P Avenue: Rs 800 per sq.ft (2024)
• Green Garden: Rs 800 per sq.ft (2024)
• Green Garden-I,II,III,IV: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in G K S Diamond Green

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, bringing the total to Rs 2,01,510. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers G K S Diamond Green?

The G K S Diamond Green property falls under the jurisdiction of the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Kavanur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction adheres to the legal requirements set by the state. This helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of G K S Diamond Green?

The current guideline value of G K S Diamond Green is Rs 2,239 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen a 49% increase from Rs 1,500 per sq.ft in 2017 to Rs 2,239 per sq.ft in 2024. There was no change from 2023 to 2024.

What is the median guideline value in Kavanur?

The median guideline value in Kavanur is Rs 800 per sq.ft, with G K S Diamond Green's value being above this median.

What are the stamp duty and registration fees for G K S Diamond Green?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 2,01,510, based on the guideline value of Rs 22,39,000.

Which Sub Registrar Office covers the area of G K S Diamond Green?

The Gooduvancheri Sub Registrar Office covers G K S Diamond Green, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone.