Guideline Value for KPN MARVEL TOWNSHIP-II

Kpn Marvel Township-II guideline value

The current guideline value for Kpn Marvel Township-II, located in Arungal village, under the Gooduvancheri SRO, is Rs 1,150 per sq.ft. The land classification for this area is Residential Special Type - III.

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

As per the register, the guideline value for Kpn Marvel Township-II has remained consistent since the last revision in 2023, where it is set at Rs 1,150 per sq.ft. The previous revisions, including 2024, 2017, 2012, 2007, 2003, and 2002, have no figures listed for this street.

There have been no changes in the guideline value between the revisions available. The only recorded figure is from the 2023 revision, which confirms the current guideline value.

Guideline values in Arungal

No specific village figures are provided for Arungal. Kpn Marvel Township-II is the only street mentioned in the Gooduvancheri SRO for which the guideline value is available.

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

For a 1,000 sq.ft plot at the current rate of Rs 1,150 per sq.ft, the guideline value would be Rs 11,50,000. The stamp duty at 7% would amount to Rs 80,500, and the registration fee at 2% would be Rs 23,000, bringing the total to Rs 1,03,500. 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 Kpn Marvel Township-II?

The Kpn Marvel Township-II 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 Arungal

The guideline value is a critical factor in the registration process when buying or selling property in Arungal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official records.

When a property is sold, the guideline value helps determine the minimum value on which the stamp duty is calculated. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value for Kpn Marvel Township-II?

The current guideline value for Kpn Marvel Township-II is Rs 1,150 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged since the 2023 revision. There are no figures available for the previous revisions including 2024, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Kpn Marvel Township-II?

The land classification for Kpn Marvel Township-II is Residential Special Type - III, indicating its designated use within the region.

Where is the Gooduvancheri Sub Registrar Office located?

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

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

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 11,50,000 would incur a stamp duty of Rs 80,500 at 7%.