Guideline Value for KALPATHARU GARDEN

Kalpatharu Garden guideline value

The current guideline value of Kalpatharu Garden is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Karadiputtur village under the Oothukkottai SRO, classified as a New House Site Type -II (Unapproved Lay-Out).

How the guideline value of Kalpatharu Garden has changed

In the 2017 revision, the guideline value was Rs 47 per sq.ft. This figure increased significantly to Rs 100 per sq.ft in the 2023 revision, representing a change of +113%. The current guideline value remains at Rs 100 per sq.ft as per the 2024 revision, showing no change from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +113%. There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Karadiputtur

Currently, there are no village figures provided for Karadiputtur. Kalpatharu Garden is the only street mentioned under the Oothukkottai SRO.

Stamp duty and registration fee for property in Kalpatharu Garden

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total Rs 9,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalpatharu Garden?

The Sub Registrar Office covering Kalpatharu Garden is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. To find your SRO, visit find your SRO.

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

The guideline value is an essential factor in the registration process of property transactions in Karadiputtur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When registering a property, the higher amount between the guideline value and the sale price is considered for calculating the applicable duties. This ensures that the appropriate fees are collected based on the value of the property being registered.

Frequently asked questions

What is the current guideline value of Kalpatharu Garden?

The current guideline value of Kalpatharu Garden is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 47 per sq.ft in 2017 to Rs 100 per sq.ft in 2023, with no change in the 2024 revision.

What is the land classification for Kalpatharu Garden?

Kalpatharu Garden is classified as a New House Site Type -II (Unapproved Lay-Out).

Where is the Oothukkottai Sub Registrar Office located?

The Oothukkottai Sub Registrar Office is located near the government hospital in Uthukottai, 602026, Chennai registration zone.

How is stamp duty calculated in Kalpatharu Garden?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at Rs 100 per sq.ft, the total stamp duty and registration fees would amount to Rs 9,000.