Guideline Value for KPN AVENUE

Kpn Avenue guideline value

The current guideline value of Kpn Avenue in Karanaipuducheri village is Rs 1,100 per sq.ft, effective from 1 July 2024. This property falls under the Gooduvancheri SRO and is classified as Mixed Special Type - III.

How the guideline value of Kpn Avenue has changed

The guideline value for Kpn Avenue has remained consistent at Rs 1,100 per sq.ft across multiple revisions. The 2017 revision set the value at Rs 1,100 per sq.ft, which was unchanged in the 2023 revision and continues to be the same in the 2024 revision.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Therefore, the overall change from 2017 to 2024 is 0%.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO with a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft. The median value for these streets is Rs 802 per sq.ft, placing Kpn Avenue's 2024 figure above this median.

• Kpn Grand: Rs 1,500 per sq.ft (2024)
• Kpn Nagar: Rs 1,100 per sq.ft (2024)
• K.P.N Platinum City: Rs 1,200 per sq.ft (2024)
• Krishna Nagar: Rs 1,200 per sq.ft (2024)
• Krishna Nagar Extension: Rs 700 per sq.ft (2024)
• K.K.R Nagar Phase - II: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Kpn Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees to Rs 99,000. 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 details.

Which Sub Registrar Office covers Kpn Avenue?

Kpn Avenue is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Karanaipuducheri. It determines the amount of stamp duty and registration fees that buyers and sellers must pay, which is calculated based on the guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the current guideline value as it directly impacts the overall cost of the transaction. This ensures that all parties involved are informed about the financial obligations associated with the property transfer.

Frequently asked questions

What is the current guideline value of Kpn Avenue?

The current guideline value of Kpn Avenue is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kpn Avenue has remained constant at Rs 1,100 per sq.ft since the 2017 revision, with no changes noted in the 2023 and 2024 revisions.

What is the land classification of Kpn Avenue?

Kpn Avenue is classified as Mixed Special Type - III, which is a designation used for various types of land use in the area.

Where can I find the registration office for Kpn Avenue?

The registration office for Kpn Avenue is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Kpn Avenue?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 11,00,000 would incur a stamp duty of Rs 77,000 at the rate of 7%.