Guideline Value for KMS Garden

KMS Garden guideline value

The current guideline value of KMS Garden is Rs 375 per sq.ft, effective from 1 July 2024. This property is located in Malliangaranai - B village under the Uthiramerur SRO, classified as Residential Class IV Type - IV.

How the guideline value of KMS Garden has changed

The guideline value for KMS Garden has remained consistent at Rs 375 per sq.ft since the 2023 revision, which also recorded the same value. Prior to that, there are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

From the 2023 to the 2024 revision, there has been no change, maintaining a 0% increase. The consistent guideline value reflects stability in this area over the last two years.

Guideline values in Malliangaranai - B

Currently, there are no specific village figures available for Malliangaranai - B. KMS Garden is the only street listed under the Uthiramerur SRO in this area.

Stamp duty and registration fee for property in KMS Garden

For a 1,000 sq.ft plot at the current rate of Rs 375 per sq.ft, the guideline value amounts to Rs 3,75,000. The stamp duty at 7% would be Rs 26,250, and the registration fee at 2% would be Rs 7,500, totaling Rs 33,750. 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 KMS Garden?

The KMS Garden property falls under the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Malliangaranai - B

The guideline value is an important factor during property registration in Malliangaranai - B. It serves as the basis for calculating the stamp duty and registration fees that need to be paid at the time of the transaction.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately in the official register. It is crucial for both buyers and sellers to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of KMS Garden?

The current guideline value of KMS Garden is Rs 375 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 375 per sq.ft since the 2023 revision. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

What is the classification of land in KMS Garden?

KMS Garden is classified as Residential Class IV Type - IV, which indicates its intended use for residential purposes.

Where can I find the Uthiramerur Sub Registrar Office?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.

How is the stamp duty calculated for properties in KMS Garden?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 33,750.