Guideline Value for KALYANAPURAM C BLOCK 7TH STREET

Kalyanapuram C Block 7th Street guideline value

The current guideline value for Kalyanapuram C Block 7th Street is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Perambur village, under the Purasaivakkam SRO. The land classification for this area is Residential Class V Type - I.

How the guideline value of Kalyanapuram C Block 7th Street has changed

In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure remained unchanged in the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 1,600 per sq.ft, marking a change of 7% from the previous year. Overall, from 2012 to 2024, the guideline value has increased by 7%.

The register does not contain figures for the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Perambur

In Perambur village, 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. The median guideline value is Rs 2,700 per sq.ft, placing Kalyanapuram C Block 7th Street's 2024 figure below that median.

• Kalyanapuram C Block 6th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 8th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 5th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 9th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram C Block 4th Street: Rs 1,600 per sq.ft (2024)
• Kalyanapuram Main Road Ab Block: Rs 1,600 per sq.ft (2024)

Stamp duty and registration fee for property in Kalyanapuram C Block 7th 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, 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 also use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kalyanapuram C Block 7th Street?

The Kalyanapuram C Block 7th Street falls under the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai-600 012. For more information, you can 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 minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the official value assigned to the property. This value is used to calculate the applicable stamp duty and registration fees, which must be paid during the registration process.

Frequently asked questions

What is the current guideline value of Kalyanapuram C Block 7th Street?

The current guideline value of Kalyanapuram C Block 7th Street is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has increased by 7% to Rs 1,600 per sq.ft in 2024. The value remained unchanged between 2012 and 2023.

What is the land classification for Kalyanapuram C Block 7th Street?

The land classification for Kalyanapuram C Block 7th Street is Residential Class V Type - I.

Which Sub Registrar Office covers this street?

The Purasaivakkam Sub Registrar Office covers Kalyanapuram C Block 7th Street, located at 93/1, Bricklin Road, Otteri, Chennai-600 012.

How is the stamp duty calculated for properties in Kalyanapuram C Block 7th Street?

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