Guideline Value for KALYANAPURAM A BLOCK 2ND STREET

Kalyanapuram A Block 2nd Street guideline value

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

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

The guideline value for Kalyanapuram A Block 2nd Street has undergone several revisions over the years. From the 2012 revision, the value remained at Rs 1,500 per sq.ft until the 2023 revision, where it was still recorded at Rs 1,500 per sq.ft. In 2024, the guideline value increased to Rs 1,600 per sq.ft, marking a 7% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 7%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2017 for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that have 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 Street's 2024 guideline value is below this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, while the registration fee at 2% would be Rs 32,000, bringing the total to Rs 1,44,000. 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 Kalyanapuram A Block 2nd Street?

The Kalyanapuram A Block 2nd Street falls under the jurisdiction of 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 plays a crucial role during property transactions in Perambur, as it is used to determine the stamp duty and registration fees applicable on the property. Buyers and sellers must refer to this value to ensure compliance with local regulations when registering property transactions.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded accurately. This helps maintain transparency in property dealings and ensures that all parties are aware of the financial implications of the sale.

Frequently asked questions

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

The current guideline value of Kalyanapuram A Block 2nd 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, showing an overall increase of 7%. The value remained at Rs 1,500 per sq.ft from 2012 to 2023.

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. This is based on the current guideline value of Rs 1,600 per sq.ft.

Which Sub Registrar Office is responsible for Kalyanapuram A Block 2nd Street?

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

Are there any years without a guideline value for this street?

Yes, the register has no figures for the years 2002, 2003, 2007, and 2017 for Kalyanapuram A Block 2nd Street.