Guideline Value for K R GREEN MEADOWN PHASE IV& V

K R Green Meadown Phase IV& V guideline value

The current guideline value for K R Green Meadown Phase IV& V is Rs 651 per sq.ft. This property is located in Anumandai village and falls under the Chengleput Joint II SRO. The land classification for this area is Mixed Type - I.

How the guideline value of K R Green Meadown Phase IV& V has changed

The guideline value for K R Green Meadown Phase IV& V has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 650 per sq.ft. This figure remained unchanged until the next revision in 2017, where it dropped to Rs 435 per sq.ft. The value then increased to Rs 650 per sq.ft in 2023, and finally to Rs 651 per sq.ft in 2024. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has remained stable with no change.

Guideline values in Anumandai

In Anumandai, there are six streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 650 to Rs 2,500 per sq.ft. The median value for these streets is Rs 676 per sq.ft, placing K R Green Meadown Phase IV& V below that median.

• Jr Harmony Phase - I: Rs 1,300 per sq.ft (2024)
• Smart City: Rs 650 per sq.ft (2024)
• Vkn It City: Rs 651 per sq.ft (2024)
• Jr Harmony Phase - II: Rs 2,500 per sq.ft (2024)
• S.R. Garden: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in K R Green Meadown Phase IV& V

For a 1,000 sq.ft plot at the current guideline value of Rs 651 per sq.ft, the total guideline value would be Rs 6,51,000. The stamp duty at 7% would amount to Rs 45,570, and the registration fee at 2% would be Rs 13,020. Together, the total cost for stamp duty and registration fee would be Rs 58,590. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers K R Green Meadown Phase IV& V?

The K R Green Meadown Phase IV& V property is covered by 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 Anumandai

The guideline value plays a crucial role in the registration process when buying or selling property in Anumandai. It serves as a benchmark for determining the minimum value of a property for registration purposes. This ensures that the property is registered at a value that is consistent with the prevailing market conditions as reflected in the guideline value register.

When a buyer decides to purchase a property, the guideline value will influence the stamp duty and registration fees that need to be paid. It is essential for buyers to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for K R Green Meadown Phase IV& V?

The current guideline value for K R Green Meadown Phase IV& V is Rs 651 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 650 per sq.ft in 2012 to Rs 435 per sq.ft in 2017, then back to Rs 650 per sq.ft in 2023, and finally to Rs 651 per sq.ft in 2024.

What is the land classification for K R Green Meadown Phase IV& V?

The land classification for K R Green Meadown Phase IV& V is Mixed Type - I.

Where can I find the registration office for K R Green Meadown Phase IV& V?

The registration office for K R Green Meadown Phase IV& V is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated for properties in Anumandai?

The stamp duty for properties in Anumandai is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 6,51,000, the stamp duty at 7% would be Rs 45,570.