Guideline Value for KALYAN REAL ESTATE LITTLE FORMS

Kalyan Real Estate Little Forms guideline value

The current guideline value for Kalyan Real Estate Little Forms is Rs 150 per sq.ft. This property is located in Kunnavakkam village, under the Walajabad Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - III.

How the guideline value of Kalyan Real Estate Little Forms has changed

The guideline value for Kalyan Real Estate Little Forms has remained consistent at Rs 150 per sq.ft since the 2023 revision. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

In the 2024 revision, which is effective from 1 July 2024, the guideline value is again set at Rs 150 per sq.ft, showing no change from the previous year. This indicates a stable valuation for this property over the last two years.

Guideline values in Kunnavakkam

Kunnavakkam village has five streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 126 to Rs 300 per sq.ft. The median guideline value for these streets is Rs 150 per sq.ft, placing Kalyan Real Estate Little Forms at this median value.

• Sri Dhanalakshmi Nagar: Rs 300 per sq.ft (2024)
• Sri Munuswamy Nagar: Rs 126 per sq.ft (2024)
• Sri Raghava Nagar: Rs 150 per sq.ft (2024)
• Sumathi Ammal Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyan Real Estate Little Forms

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, making the total cost for these fees Rs 13,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalyan Real Estate Little Forms?

The Kalyan Real Estate Little Forms falls under the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor when registering property transactions in Kunnavakkam. It determines the stamp duty and registration fees payable during the sale or purchase of a property.

Buyers and sellers should be aware that the guideline value is used to calculate the fees based on the higher of the guideline value or the sale price. This ensures that the transaction is registered accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value for Kalyan Real Estate Little Forms?

The current guideline value for Kalyan Real Estate Little Forms is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 150 per sq.ft since the 2023 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What are the guideline values for other streets in Kunnavakkam?

Other streets in Kunnavakkam have varying guideline values, with rates ranging from Rs 126 to Rs 300 per sq.ft. The median value for these streets is Rs 150 per sq.ft, which aligns with Kalyan Real Estate Little Forms.

What fees are associated with buying property in Kalyan Real Estate Little Forms?

When buying property, you will incur a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur total fees of Rs 13,500.

Where can I find the Walajabad Sub Registrar Office?

The Walajabad Sub Registrar Office is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for further assistance.