Guideline Value for KILPAUK GARDEN STREET

Kilpauk Garden Street guideline value

The current guideline value of Kilpauk Garden Street is Rs 13,400 per sq.ft, effective from 1 July 2024. This street is located in Purasaivakkam village, under the Purasaivakkam SRO, and is classified as Mixed Type - I.

How the guideline value of Kilpauk Garden Street has changed

The guideline value register for Kilpauk Garden Street has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 13,400 per sq.ft.

Since there are no figures available for the previous revisions, it can be noted that the guideline value has remained consistent at Rs 13,400 per sq.ft from the 2024 revision onward.

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. Kilpauk Garden Street's 2024 figure is above this median.

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

Stamp duty and registration fee for property in Kilpauk Garden 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, resulting in a total cost of Rs 12,06,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kilpauk Garden Street?

Kilpauk Garden Street falls under the jurisdiction of the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Purasaivakkam. It determines the minimum value at which property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both buyers and sellers understand the official valuation of the property. It is essential for ensuring transparency and compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Kilpauk Garden Street?

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

How has the guideline value changed over the years?

The guideline value register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The latest revision in 2024 sets the guideline value at Rs 13,400 per sq.ft.

What is the land classification for Kilpauk Garden Street?

Kilpauk Garden Street is classified as Mixed Type - I, which indicates its diverse use for residential and commercial purposes.

What are the stamp duty and registration fees for properties in Kilpauk Garden Street?

For a property valued at 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 Street?

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