Guideline Value for KALYANAPURAM C BLOCK 4TH STREET

Kalyanapuram C Block 4th Street guideline value

The current guideline value of Kalyanapuram C Block 4th Street is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, with a land classification of Residential Class V Type - I.

How the guideline value of Kalyanapuram C Block 4th Street has changed

The guideline value for Kalyanapuram C Block 4th Street 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 2017 revision of Rs 1,005 per sq.ft. The value remained at Rs 1,500 per sq.ft until the 2023 revision, which increased it to Rs 1,600 per sq.ft, reflecting a rise of 7%.

From the 2017 revision to the 2023 revision, the value increased by 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 7%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO, with guideline values ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value is Rs 2,700 per sq.ft, indicating that Kalyanapuram C Block 4th Street's 2024 figure is below that median.

• Kalyanapuram C Block 1st Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 2nd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 3rd Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 4th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 5th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 6th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 7th Street: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyanapuram C Block 4th Street

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the 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. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalyanapuram C Block 4th Street?

The Kalyanapuram C Block 4th Street falls under the jurisdiction of the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. To find your SRO, you can visit find your SRO.

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

The guideline value is an important factor when buying or selling property in Perambur. It serves as a reference point for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately and transparently.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kalyanapuram C Block 4th Street?

The current guideline value of Kalyanapuram C Block 4th 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. There was a significant increase of 49% from Rs 1,005 per sq.ft in 2017 to Rs 1,500 per sq.ft in 2023.

What is the land classification for Kalyanapuram C Block 4th Street?

Kalyanapuram C Block 4th Street is classified as Residential Class V Type - I. This classification indicates the type of land use permitted in the area.

Where can I find the Purasaivakkam Sub Registrar Office?

The Purasaivakkam Sub Registrar Office is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. This office handles the registration of properties in the area.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, on 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.