Guideline Value for KILPAUK GARDEN 2ND LINK STREET

Kilpauk Garden 2nd Link Street guideline value

The current guideline value of Kilpauk Garden 2nd Link Street is Rs 13,400 per sq.ft, effective from 1 July 2024. This street is located in Purasaivakkam village, under the Purasaivakkam SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Kilpauk Garden 2nd Link Street has changed

The guideline value for Kilpauk Garden 2nd Link Street has not changed between revisions. The register has no figure for the years 2023, 2017, 2012, 2007, 2003, and 2002. The only available figure is from the 2024 revision, which is Rs 13,400 per sq.ft.

As there have been no changes between the revisions, the 2024 figure stands as the current guideline value. This consistency indicates that the valuation for this street remains stable according to the latest revision.

Guideline values in Purasaivakkam

In Purasaivakkam, there are 519 streets under the Purasaivakkam SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 18,100 per sq.ft, with a median value of Rs 5,500 per sq.ft. The guideline value for Kilpauk Garden 2nd Link Street is above this median.

• Kilpauk Garden 2nd Lane: Rs 13,400 per sq.ft (2024)
• Kilpauk Garden 3rd Link Cross Street: Rs 13,400 per sq.ft (2024)
• Kilpauk Garden 2nd Cross Street: Rs 13,400 per sq.ft (2024)
• Kilpauk Garden 3rd Street: Rs 13,400 per sq.ft (2024)
• Kilpauk Garden 1st Cross Street: Rs 13,400 per sq.ft (2024)
• Kilpauk Garden 4th Street: Rs 13,400 per sq.ft (2024)

Stamp duty and registration fee for property in Kilpauk Garden 2nd Link Street

For a 1,000 sq.ft plot at the current guideline value of Rs 13,400 per sq.ft, the total guideline value amounts to Rs 1,34,00,000. The stamp duty at 7% would be Rs 9,38,000, and the registration fee at 2% would be Rs 2,68,000, bringing the total fees to Rs 12,06,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information on fees applicable to your property transactions.

Which Sub Registrar Office covers Kilpauk Garden 2nd Link Street?

The Sub Registrar Office that covers Kilpauk Garden 2nd Link Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. For more details, you can find your SRO.

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

The guideline value is a critical factor in property transactions in Purasaivakkam. It is used to determine the amount of stamp duty and registration fees that must be paid when a property is bought or sold. This ensures that the transaction is recorded accurately and that the appropriate taxes are collected by the government.

When engaging in a property transaction, the guideline value serves as a reference point for both buyers and sellers. It helps in establishing a fair price for the property and is essential for the registration process at the Sub Registrar Office.

Frequently asked questions

What is the current guideline value for Kilpauk Garden 2nd Link Street?

The current guideline value for Kilpauk Garden 2nd Link Street is Rs 13,400 per sq.ft, effective from 1 July 2024.

What is the land classification for Kilpauk Garden 2nd Link Street?

The land classification for Kilpauk Garden 2nd Link Street is Mixed Type - I.

What are the other streets with the same guideline value in Purasaivakkam?

Other streets in Purasaivakkam that share the same guideline value of Rs 13,400 per sq.ft include Kilpauk Garden 2nd Lane, Kilpauk Garden 3rd Link Cross Street, Kilpauk Garden 2nd Cross Street, Kilpauk Garden 3rd Street, Kilpauk Garden 1st Cross Street, and Kilpauk Garden 4th Street.

How is the stamp duty calculated for properties in Kilpauk Garden 2nd Link Street?

The stamp duty for properties in Kilpauk Garden 2nd Link Street is calculated at a rate of 7% on the guideline value or the sale price, whichever is higher. Additionally, there is a registration fee of 2% on the guideline value.

Where can I find the Sub Registrar Office for Kilpauk Garden 2nd Link Street?

The Sub Registrar Office for Kilpauk Garden 2nd Link Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.