Guideline Value for KALYANAPURAM C BLOCK 1ST STREET

Kalyanapuram C Block 1st Street guideline value

The current guideline value of Kalyanapuram C Block 1st 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 C Block 1st Street has changed

The guideline value for Kalyanapuram C Block 1st Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was followed by a decrease to Rs 1,005 per sq.ft in the 2017 revision. In 2023, the value increased to Rs 1,500 per sq.ft, and the most recent 2024 revision has set it at Rs 1,600 per sq.ft. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

From 2012 to 2017, the value decreased by 33%, then increased by 49% from 2017 to 2023. The jump from 2023 to 2024 represents a 7% increase. Overall, comparing the values from 2012 to 2024, there is a slight increase of 7%.

Guideline values in Perambur

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

• Kalyanapuram C Block 1 & Lane: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 2nd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 1&2 Cross Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 3rd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 10th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 4th Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyanapuram C Block 1st 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, 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 the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalyanapuram C Block 1st Street?

The Kalyanapuram C Block 1st Street falls under the jurisdiction of the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Perambur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is sold or purchased.

Frequently asked questions

What is the current guideline value of Kalyanapuram C Block 1st Street?

The current guideline value of Kalyanapuram C Block 1st 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 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 1st Street?

Kalyanapuram C Block 1st Street is classified as Residential Class V Type - I.

What are the stamp duty and registration fees for this street?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,00,000, leading to a stamp duty of Rs 1,12,000 and a registration fee of Rs 32,000, totaling Rs 1,44,000.

Where is the Sub Registrar Office for Kalyanapuram C Block 1st Street located?

The Purasaivakkam Sub Registrar Office, which covers Kalyanapuram C Block 1st Street, is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.