Guideline Value for KALYANAPURAM A BLOCK 2ND CROSS STREET

Kalyanapuram A Block 2nd Cross Street guideline value

The current guideline value of Kalyanapuram A Block 2nd Cross Street is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Perambur village and falls under the Purasaivakkam SRO. The land classification for this area is Residential Class V Type - I.

How the guideline value of Kalyanapuram A Block 2nd Cross Street has changed

In the 2012 revision, the guideline value was Rs 1,500 per sq.ft. This figure remained unchanged in the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 1,600 per sq.ft, marking a 7% increase from the previous year. Overall, from 2012 to 2024, there has been a 7% increase in the guideline value.

The register has no figures for the years 2002, 2003, 2007, and 2017 for this street. Therefore, the only relevant revisions are from 2012, 2023, and 2024.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. Kalyanapuram A Block 2nd Cross Street's 2024 figure is below this median.

• Kalyanapuram A Block 1st Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram A Block 2nd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram A Block: Rs 1,600 per sq.ft (2024)
• Kalyanapuram A Block 3rd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram A Block 4th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram A Block 5th Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyanapuram A Block 2nd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, making the total Rs 1,44,000. 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 details.

Which Sub Registrar Office covers Kalyanapuram A Block 2nd Cross Street?

The Kalyanapuram A Block 2nd Cross Street is covered by the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is an essential factor in property transactions in Perambur, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees that need to be paid to the government.

It is important for buyers and sellers to be aware of the guideline value, as it also affects the overall cost of the transaction. Ensuring compliance with the guideline value is crucial for a smooth registration process.

Frequently asked questions

What is the current guideline value of Kalyanapuram A Block 2nd Cross Street?

The current guideline value of Kalyanapuram A Block 2nd Cross Street is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024, reflecting a 7% increase. The value remained unchanged at Rs 1,500 per sq.ft from 2012 to 2023.

What is the land classification for Kalyanapuram A Block 2nd Cross Street?

The land classification for Kalyanapuram A Block 2nd Cross Street is Residential Class V Type - I.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this street?

The Purasaivakkam Sub Registrar Office covers Kalyanapuram A Block 2nd Cross Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.