Guideline Value for KILPAUK GARDEN 3RD LINK CROSS STREET

Kilpauk Garden 3rd Link Cross Street guideline value

The current guideline value of Kilpauk Garden 3rd Link Cross Street is Rs 13,400 per sq.ft, effective from 1 July 2024. This street is located in Purasaivakkam village and falls under the Purasaivakkam SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Kilpauk Garden 3rd Link Cross Street has changed

The guideline value register has no figures for Kilpauk Garden 3rd Link Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision, effective from 1 July 2024, sets the guideline value at Rs 13,400 per sq.ft.

There have been no changes between the revisions above, and the current figure is established as the guideline value for this street.

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 of Kilpauk Garden 3rd Link Cross Street is above this median.

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

Stamp duty and registration fee for property in Kilpauk Garden 3rd Link Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 13,400 per sq.ft, the total guideline value would be Rs 1,34,00,000. The stamp duty at 7% would amount to Rs 9,38,000, and the registration fee at 2% would be Rs 2,68,000, bringing the total cost to Rs 12,06,000. Please 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 information.

Which Sub Registrar Office covers Kilpauk Garden 3rd Link Cross Street?

The Sub Registrar Office that covers Kilpauk Garden 3rd Link Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more details.

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

The guideline value is an essential factor when registering property transactions in Purasaivakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When you buy or sell property, the guideline value helps determine the official value of the property for registration purposes. This value is crucial for both buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Kilpauk Garden 3rd Link Cross Street?

The current guideline value of Kilpauk Garden 3rd Link Cross Street is Rs 13,400 per sq.ft, effective from 1 July 2024.

What is the land classification for Kilpauk Garden 3rd Link Cross Street?

The land classification for Kilpauk Garden 3rd Link Cross Street is Mixed Type - I.

Are there any previous guideline value figures for this street?

The guideline value register has no figures for Kilpauk Garden 3rd Link Cross Street for the years 2002, 2003, 2007, 2012, 2017, and 2023.

How is the stamp duty calculated for property in Kilpauk Garden 3rd Link Cross Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 9,38,000 based on the current guideline value.

Which office handles the registration for Kilpauk Garden 3rd Link Cross Street?

The Purasaivakkam Sub Registrar Office handles the registration for Kilpauk Garden 3rd Link Cross Street. The office is located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.