Guideline Value for KALYANAPURAM C BLOCK 1 & LANE

Kalyanapuram C Block 1 & Lane guideline value

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

How the guideline value of Kalyanapuram C Block 1 & Lane has changed

The guideline value for Kalyanapuram C Block 1 & Lane has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was a decrease of 33% from the previous revision in 2017, where the value was Rs 1,005 per sq.ft. The 2023 revision increased the value to Rs 1,500 per sq.ft, and the most recent 2024 revision raised it further to Rs 1,600 per sq.ft, marking a 7% increase from the previous year.

There are no recorded figures for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 7%.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value, with values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value for these streets is Rs 2,700 per sq.ft, indicating that Kalyanapuram C Block 1 & Lane's 2024 figure is below that median.

• Kalyanapuram C Block 1&2 Cross Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 1st Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 10th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 2nd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 3rd Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyanapuram C Block 1 & Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total to Rs 1,44,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalyanapuram C Block 1 & Lane?

The Sub Registrar Office that covers Kalyanapuram C Block 1 & Lane is 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 the registration process when buying or selling property in Perambur. It is used to determine the stamp duty and registration fees that must be paid during the transaction.

Frequently asked questions

What is the current guideline value for Kalyanapuram C Block 1 & Lane?

The current guideline value for Kalyanapuram C Block 1 & Lane 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 significantly over the years, with the 2012 revision at Rs 1,500 per sq.ft, the 2017 revision at Rs 1,005 per sq.ft, and the 2024 revision at Rs 1,600 per sq.ft.

What is the land classification for Kalyanapuram C Block 1 & Lane?

The land classification for Kalyanapuram C Block 1 & Lane is Residential Class V Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Kalyanapuram C Block 1 & Lane is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is stamp duty calculated for properties in Kalyanapuram?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 at a rate of 7%.