Guideline Value for Kalpaga Nagar

Kalpaga Nagar guideline value

The current guideline value of Kalpaga Nagar is Rs 700 per sq.ft, as per the 2023 revision. This area falls under Nallur_2 village and is classified as Residential Class I Type - I. The relevant Sub Registrar Office for this location is the Redhills SRO.

How the guideline value of Kalpaga Nagar has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in the 2023 revision, marking a significant change of +49%. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

To summarize, the guideline value has seen a substantial increase from the 2017 figure to the current 2023 figure. The 2023 revision reflects the most recent valuation for Kalpaga Nagar.

Guideline values in Nallur_2

Currently, there are no specific village figures available for Nallur_2. Kalpaga Nagar is the only street mentioned under this village in the Redhills SRO.

Stamp duty and registration fee for property in Kalpaga Nagar

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value would be Rs 7,00,000. The stamp duty at 7% would amount to Rs 49,000, while the registration fee at 2% would be Rs 14,000, bringing the total to Rs 63,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kalpaga Nagar?

The Sub Registrar Office that covers Kalpaga Nagar is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Nallur_2

The guideline value is a crucial factor during the registration of property transactions in Nallur_2. It serves as a benchmark for calculating the stamp duty and registration fees that need to be paid upon the sale or purchase of property.

When a buyer or seller engages in a transaction, the guideline value is referenced to ensure that the appropriate fees are assessed. This helps maintain transparency and standardization in property dealings within the region.

Frequently asked questions

What is the current guideline value of Kalpaga Nagar?

The current guideline value of Kalpaga Nagar is Rs 700 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

The guideline value increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, representing a change of +49%.

Are there any guideline values for previous revisions?

There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for Kalpaga Nagar.

What are the fees associated with buying property in Kalpaga Nagar?

For a 1,000 sq.ft plot at the current guideline value, the total fees would include a stamp duty of Rs 49,000 and a registration fee of Rs 14,000, totaling Rs 63,000.

Where is the Sub Registrar Office for Kalpaga Nagar located?

The Redhills Sub Registrar Office is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.