Guideline Value for KILPAUK GARDEN 3RD STREET

Kilpauk Garden 3rd Street guideline value

The current guideline value of Kilpauk Garden 3rd 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 Street has changed

The guideline value register has no figures for Kilpauk Garden 3rd Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 13,400 per sq.ft.

Since there are no figures available for the previous revisions, there have been no changes noted between the revisions listed. The current 2024 figure is the first recorded 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 Street is above this median.

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

Stamp duty and registration fee for property in Kilpauk Garden 3rd 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, making the total cost for these fees 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.

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

Which Sub Registrar Office covers Kilpauk Garden 3rd Street?

The Sub Registrar Office that covers Kilpauk Garden 3rd 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 acts as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency in property dealings.

When buying or selling a property, the guideline value helps in calculating the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial obligations involved in the transaction.

Frequently asked questions

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

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

What revisions have occurred for Kilpauk Garden 3rd Street?

The guideline value register has no figures for Kilpauk Garden 3rd Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision.

How does Kilpauk Garden 3rd Street's guideline value compare to other streets in Purasaivakkam?

The guideline value of Kilpauk Garden 3rd Street at Rs 13,400 per sq.ft is above the median value of Rs 5,500 per sq.ft for the 519 streets in Purasaivakkam under the Purasaivakkam SRO.

What are the stamp duty and registration fees for property in Kilpauk Garden 3rd Street?

For a property of 1,000 sq.ft, the total guideline value would be Rs 1,34,00,000. The stamp duty would be Rs 9,38,000, and the registration fee would be Rs 2,68,000, totaling Rs 12,06,000.

Where can I find the Sub Registrar Office for Kilpauk Garden 3rd Street?

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