Guideline Value for KPN MARVEL TOWNSHIP -I

Kpn Marvel Township -I guideline value

The current guideline value of Kpn Marvel Township -I is Rs 1,045 per sq.ft. This property is located in Arungal village and falls under the Gooduvancheri SRO.

How the guideline value of Kpn Marvel Township -I has changed

The guideline value for Kpn Marvel Township -I has undergone several revisions over the years. The earliest revisions listed in the register are from 2002, 2003, 2007, 2012, and 2017; however, there are no figures available for these years. The most recent revision in 2023 sets the guideline value at Rs 1,045 per sq.ft.

Since the 2023 revision, there have been no changes to the guideline value for this street. The next scheduled revision for 2024 also does not have a figure published for Kpn Marvel Township -I.

Guideline values in Arungal

Currently, there are no specific village figures provided for Arungal. Kpn Marvel Township -I is the only street mentioned in the available data under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Kpn Marvel Township -I

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 10,45,000. The stamp duty is charged at 7%, which totals Rs 73,150, while the registration fee is 2%, amounting to Rs 20,900. Therefore, the total cost for stamp duty and registration fee together is Rs 94,050. It is important to note that 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 Kpn Marvel Township -I?

The Kpn Marvel Township -I is covered by 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 Arungal

The guideline value is a crucial factor in the registration process when buying or selling property in Arungal. It serves as the basis for calculating the stamp duty and registration fees that need to be paid at the time of registration.

When a property is registered, the higher value between the guideline value and the sale price is considered for calculating the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kpn Marvel Township -I?

The current guideline value of Kpn Marvel Township -I is Rs 1,045 per sq.ft, as per the 2023 revision.

What revisions have been made to the guideline value of Kpn Marvel Township -I?

The guideline value for Kpn Marvel Township -I has been revised several times, with the most recent figure being Rs 1,045 per sq.ft in 2023. There are no figures available for the revisions from 2002, 2003, 2007, 2012, and 2017.

How is the stamp duty calculated for properties in Kpn Marvel Township -I?

Stamp duty for properties in Kpn Marvel Township -I 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 fee would amount to Rs 94,050.

What is the role of the Gooduvancheri SRO?

The Gooduvancheri SRO is responsible for the registration of properties in Kpn Marvel Township -I. It is where buyers and sellers must go to complete the registration process and pay the necessary fees.

Where can I find more information about stamp duty and registration fees?

For more details on stamp duty and registration fees, you can use the stamp duty and registration fee calculator available online.