Guideline Value for K.S.S.STREET

K.S.S.Street guideline value

The current guideline value of K.S.S.Street is Rs 1,250 per sq.ft, as per the 2023 revision. This street falls under the Thiruporur Sub Registrar Office and is classified as Residential Class I Type - I.

How the guideline value of K.S.S.Street has changed

The guideline value for K.S.S.Street has seen several revisions over the years. In the 2007 revision, the value was set at Rs 400 per sq.ft, which increased significantly to Rs 1,250 per sq.ft in the 2012 revision, marking a 213% increase. However, by the 2017 revision, the value decreased to Rs 837 per sq.ft, a decline of 33%. The most recent revision in 2023 shows the guideline value at Rs 1,250 per sq.ft, reflecting a 49% increase from the 2017 figure.

Overall, from 2007 to 2023, the guideline value has increased by 213%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2024 for K.S.S.Street.

Guideline values in Kelambakkam

The guideline value of K.S.S.Street is currently Rs 1,250 per sq.ft. Unfortunately, there are no other specific village figures provided for Kelambakkam. The following are the other streets in Kelambakkam:

Stamp duty and registration fee for property in K.S.S.Street

For a 1,000 sq.ft plot at the current rate of Rs 1,250 per sq.ft, the guideline value amounts to Rs 12,50,000. The stamp duty at 7% would be Rs 87,500, and the registration fee at 2% would be Rs 25,000, bringing the total to Rs 1,12,500. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers K.S.S.Street?

K.S.S.Street is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

When buying or selling property in K.S.S.Street, the guideline value plays a crucial role in determining the stamp duty and registration fees. Buyers should be aware that these fees are calculated based on the higher value between the guideline value and the sale price.

It is advisable for both buyers and sellers to check the latest guideline value before proceeding with any transaction to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of K.S.S.Street?

The current guideline value of K.S.S.Street is Rs 1,250 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,250 per sq.ft in 2012, then decreased to Rs 837 per sq.ft in 2017, and finally returned to Rs 1,250 per sq.ft in 2023.

What is the stamp duty for property in K.S.S.Street?

The stamp duty for property in K.S.S.Street is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would be Rs 87,500.

Which office handles registrations for K.S.S.Street?

The Thiruporur Sub Registrar Office handles registrations for K.S.S.Street, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there other streets in Kelambakkam with guideline values?

No specific guideline values for other streets in Kelambakkam are provided. K.S.S.Street is the only street mentioned with a current guideline value.