Guideline Value for KP ROYAL ENCLAVE

Kp Royal Enclave guideline value

The current guideline value of Kp Royal Enclave is Rs 1,800 per sq.ft. This property is located in Melakottyur village, under the jurisdiction of the Gooduvancheri SRO. The land classification for this area is Mixed Special Type - I.

How the guideline value of Kp Royal Enclave has changed

The guideline value for Kp Royal Enclave has remained stable since the 2017 revision, which was also set at Rs 1,800 per sq.ft. The most recent revision in 2023 has maintained this value, showing no change from the previous revision.

There are no figures available for the revisions from 2002, 2003, 2007, 2012, and 2024 for this street. Thus, the guideline value has consistently been Rs 1,800 per sq.ft since 2017.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Kp Royal Enclave is the only street mentioned under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Kp Royal Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value amounts to Rs 18,00,000. The stamp duty at 7% would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total cost of duty and fees to Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kp Royal Enclave?

Kp Royal Enclave falls under the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during property registration in Melakottyur. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented at a standard value set by the government.

When buying or selling property, the guideline value will influence the stamp duty and registration fees, which are calculated based on this value or the sale price, whichever is higher. This ensures transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Kp Royal Enclave?

The current guideline value of Kp Royal Enclave is Rs 1,800 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 1,800 per sq.ft since the 2017 revision, with no changes noted in the 2023 revision.

What are the stamp duty and registration fees for Kp Royal Enclave?

For a 1,000 sq.ft plot, the total guideline value is Rs 18,00,000. The stamp duty at 7% is Rs 1,26,000, and the registration fee at 2% is Rs 36,000, totaling Rs 1,62,000 in fees.

Which Sub Registrar Office covers Kp Royal Enclave?

The Gooduvancheri Sub Registrar Office covers Kp Royal Enclave, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What is the land classification for Kp Royal Enclave?

The land classification for Kp Royal Enclave is Mixed Special Type - I, indicating its specific zoning and usage regulations.