Guideline Value for KGS SUNNY SIDE

Kgs Sunny Side guideline value

The current guideline value of Kgs Sunny Side is Rs 3,000 per sq.ft, as per the 2023 revision. This property is located in Yegatoor village under the Thiruporur SRO, and it falls under the Commercial Class I Type - II land classification.

How the guideline value of Kgs Sunny Side has changed

Over the years, the guideline value of Kgs Sunny Side has seen several revisions. The 2012 revision set the value at Rs 3,000 per sq.ft, which remained unchanged in the 2023 revision. However, the 2017 revision recorded a decrease to Rs 2,010 per sq.ft, marking a decline of 33% from the 2012 figure. The most recent change from 2017 to 2023 shows an increase of 49% back to Rs 3,000 per sq.ft.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street. Overall, from 2012 to 2023, the guideline value has remained stable with no net change.

Guideline values in Yegatoor

Currently, there are no specific guideline values available for other streets in Yegatoor. Kgs Sunny Side is the only street mentioned with a guideline value of Rs 3,000 per sq.ft as of the latest revision.

Stamp duty and registration fee for property in Kgs Sunny Side

For a 1,000 sq.ft plot at the current guideline value of Rs 3,000 per sq.ft, the total guideline value amounts to Rs 30,00,000. The stamp duty at 7% would be Rs 2,10,000, and the registration fee at 2% would be Rs 60,000, bringing the total cost to Rs 2,70,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kgs Sunny Side?

The Kgs Sunny Side property is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a critical factor in property transactions in Yegatoor, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to calculate the stamp duty and registration fees required during the registration process.

It is essential for buyers and sellers to be aware of the current guideline value, as it influences the overall costs associated with property transactions. Ensuring that the property is registered at the correct guideline value helps in maintaining transparency and legality in real estate dealings.

Frequently asked questions

What is the current guideline value of Kgs Sunny Side?

The current guideline value of Kgs Sunny Side is Rs 3,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2012 to Rs 2,010 per sq.ft in 2017, and then back to Rs 3,000 per sq.ft in 2023. This reflects a 49% increase from 2017 to 2023 and a 33% decrease from 2012 to 2017.

What are the stamp duty and registration fees for Kgs Sunny Side?

The stamp duty for a property in Kgs Sunny Side is 7%, while the registration fee is 2%. For a 1,000 sq.ft plot at the current guideline value, the total cost for stamp duty and registration fees would amount to Rs 2,70,000.

Which Sub Registrar Office covers Kgs Sunny Side?

Kgs Sunny Side is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there any other streets in Yegatoor with guideline values?

Currently, there are no specific guideline values available for other streets in Yegatoor. Kgs Sunny Side is the only street mentioned with a guideline value of Rs 3,000 per sq.ft.