Guideline Value for KAVYA NAGAR

Kavya Nagar guideline value

The current guideline value of Kavya Nagar is Rs 800 per sq.ft, as per the 2023 revision. This area is located in Ponmar village and falls under the Gooduvancheri SRO, classified as Residential Special Type - I.

How the guideline value of Kavya Nagar has changed

The guideline value for Kavya Nagar has seen several revisions over the years. In the 2017 revision, the guideline value was Rs 536 per sq.ft. The most recent revision in 2023 saw an increase to Rs 800 per sq.ft, marking a change of +49% from the previous figure.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. However, Kavya Nagar is part of the Gooduvancheri SRO, which does not list any other streets in Ponmar.

Stamp duty and registration fee for property in Kavya Nagar

For a property measuring 1,000 sq.ft at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Kavya Nagar?

The Sub Registrar Office that covers Kavya Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is a critical factor when registering property transactions in Ponmar. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When buying or selling property, the guideline value helps ensure that both parties are aware of the minimum value assigned to the property, which influences the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value of Kavya Nagar?

The current guideline value of Kavya Nagar is Rs 800 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 536 per sq.ft to Rs 800 per sq.ft, which is a change of +49%.

Are there any guideline value figures for previous years?

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for Kavya Nagar.

What are the fees associated with property transactions in Kavya Nagar?

For a property of 1,000 sq.ft at the current guideline value, the total fees would include a stamp duty of Rs 56,000 and a registration fee of Rs 16,000, totaling Rs 72,000.

Which office handles registrations for Kavya Nagar?

The Gooduvancheri Sub Registrar Office handles registrations for Kavya Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.