Guideline Value for KALAI GARDEN

Kalai Garden guideline value

The current guideline value of Kalai Garden, located in Anupampattu village under the Ponneri SRO, is Rs 300 per sq.ft. This value is effective from the 2024 revision, which will be implemented on 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Kalai Garden has changed

The guideline value for Kalai Garden has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 300 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision recorded a guideline value of Rs 201 per sq.ft. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From the 2017 revision to the 2023 revision, the guideline value increased by 49%. Overall, from the 2017 revision to the 2024 revision, there has been a 49% increase in the guideline value.

Guideline values in Anupampattu

Anupampattu village has 42 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, making the 2024 figure for Kalai Garden equal to that median.

• Jaya Surya Nagar: Rs 300 per sq.ft (2024)
• Gresh Avenue: Rs 300 per sq.ft (2024)
• Golden City Nagar: Rs 300 per sq.ft (2024)
• Golden City Ext: Rs 300 per sq.ft (2024)
• Lakshmi Nagar: Rs 300 per sq.ft (2024)
• Durai Swami Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Kalai Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kalai Garden?

The Sub Registrar Office that covers Kalai Garden is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, in the Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Anupampattu, as it determines the stamp duty and registration fees payable during the transaction. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

It is crucial for sellers to understand that the guideline value can influence the pricing strategy during the sale process. Accurate knowledge of the guideline value helps in ensuring compliance with registration requirements and avoids potential disputes.

Frequently asked questions

What is the current guideline value of Kalai Garden?

The current guideline value of Kalai Garden is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 201 per sq.ft in 2017 to Rs 300 per sq.ft in 2024, marking a 49% increase over this period.

What is the land classification for Kalai Garden?

The land classification for Kalai Garden is Residential Class II Type - I, indicating its suitability for residential purposes.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, in the Chennai registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 27,000.