Guideline Value for K.E.P NAGAR

K.E.P Nagar guideline value

The current guideline value of K.E.P Nagar in Thozhuvur village, under the Tiruvallur Joint 1 SRO, is Rs 1,200 per sq.ft as per the 2023 revision. There is no land classification specified for this area.

How the guideline value of K.E.P Nagar has changed

The guideline value for K.E.P Nagar has remained consistent at Rs 1,200 per sq.ft since the 2017 revision. The 2017 revision recorded the same value as the 2023 revision, showing no change over this period.

For earlier revisions, the register has no figures for the years 2002, 2003, 2007, and 2012. Therefore, the only recorded values are from 2017 and 2023, both being Rs 1,200 per sq.ft, with a change of +0% between these revisions.

Guideline values in Thozhuvur

No specific village figures are provided for Thozhuvur. K.E.P Nagar is one of the streets under the Tiruvallur Joint 1 SRO. There are no other streets in Thozhuvur listed in the available data.

Stamp duty and registration fee for property in K.E.P Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total to Rs 1,08,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.E.P Nagar?

The K.E.P Nagar area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thozhuvur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the buyer must pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of K.E.P Nagar?

The current guideline value of K.E.P Nagar is Rs 1,200 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value for K.E.P Nagar has remained at Rs 1,200 per sq.ft since the 2017 revision. There are no figures available for the revisions in 2002, 2003, 2007, and 2012.

What are the stamp duty and registration fees for K.E.P Nagar?

The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 1,08,000.

Which office handles registrations for K.E.P Nagar?

The Tiruvallur Joint 1 Sub Registrar Office handles registrations for K.E.P Nagar. The office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

How is the guideline value determined for property transactions?

The guideline value is determined by the Registration Department and serves as a basis for calculating stamp duty and registration fees. It is essential for both buyers and sellers during property transactions in Thozhuvur.