Guideline Value for KALYANAPURAM C BLOCK 10TH STREET

Kalyanapuram C Block 10th Street guideline value

The current guideline value of Kalyanapuram C Block 10th 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 C Block 10th Street has changed

In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure saw a decrease of 33% by the 2017 revision, bringing it down to Rs 1,005 per sq.ft. Following this, the value increased significantly by 49% to Rs 1,500 per sq.ft in 2023. The most recent revision in 2024 has further increased the guideline value to Rs 1,600 per sq.ft, marking a 7% rise from the previous year.

It is important to note that the register has no figures for the years 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 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, placing Kalyanapuram C Block 10th Street's 2024 figure below that median.

• Kalyanapuram C Block: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 1&2 Cross Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram B Block 4th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 1 & Lane: Rs 1,600 per sq.ft (2024)
• Kalyanapuram B Block 3rd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 1st Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyanapuram C Block 10th Street

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, while the registration fee at 2% would be Rs 32,000. Together, the total cost for stamp duty and registration would be Rs 1,44,000. Please note that duty is charged on the higher of the guideline value or the sale price.

For more detailed calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kalyanapuram C Block 10th Street?

The Kalyanapuram C Block 10th 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 a crucial factor in the registration of property transactions in Perambur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps to establish a fair transaction value, which is essential for both buyers and sellers. It is important to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Kalyanapuram C Block 10th Street?

The current guideline value of Kalyanapuram C Block 10th 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 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,600 per sq.ft in 2024.

What is the land classification for Kalyanapuram C Block 10th Street?

The land classification for Kalyanapuram C Block 10th 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.

Which office handles property registrations for this street?

The Purasaivakkam Sub Registrar Office handles property registrations for Kalyanapuram C Block 10th Street, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.