Guideline Value for KUTTALAM JAYA SREE VILLAS

Kuttalam Jaya Sree Villas guideline value

The current guideline value for Kuttalam Jaya Sree Villas is Rs 2,762 per sq.ft. This property is located in Mambakkam village, under the Gooduvancheri SRO, and is classified as Residential Special Type - III.

How the guideline value of Kuttalam Jaya Sree Villas has changed

The guideline value for Kuttalam Jaya Sree Villas has undergone revisions over the years. In the 2017 revision, the guideline value was Rs 1,850 per sq.ft. The most recent revision in 2023 set the guideline value at Rs 2,762 per sq.ft, marking an increase of 49% from the previous figure.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street. Thus, the only available revisions are from 2017 and 2023.

Guideline values in Mambakkam

Currently, no specific village figures are provided for Mambakkam. Kuttalam Jaya Sree Villas is situated within this area, and there are no other streets in Mambakkam under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Kuttalam Jaya Sree Villas

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 27,62,000. The stamp duty at 7% would be Rs 1,93,340, and the registration fee at 2% would be Rs 55,240, bringing the total to Rs 2,48,580. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kuttalam Jaya Sree Villas?

The Kuttalam Jaya Sree Villas 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 Mambakkam

The guideline value is a crucial factor when registering property transactions in Mambakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of a property.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate fees are collected. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Kuttalam Jaya Sree Villas?

The current guideline value for Kuttalam Jaya Sree Villas is Rs 2,762 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,850 per sq.ft to Rs 2,762 per sq.ft in 2023, which is a change of 49%.

What are the stamp duty and registration fees for Kuttalam Jaya Sree Villas?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 2,48,580.

Which Sub Registrar Office handles properties in Kuttalam Jaya Sree Villas?

The Gooduvancheri Sub Registrar Office handles properties in Kuttalam Jaya Sree Villas, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

Are there any other streets in Mambakkam with guideline values?

No other streets in Mambakkam under the Gooduvancheri SRO have been listed with guideline values at this time.