Guideline Value for Kamalammal Garden

Kamalammal Garden guideline value

The current guideline value of Kamalammal Garden is Rs 475 per sq.ft. This property is located in Arungal village under the Gooduvancheri SRO, classified as Residential Class I Type - I.

How the guideline value of Kamalammal Garden has changed

The guideline value for Kamalammal Garden has seen several revisions over the years. In 2012, the value was set at Rs 500 per sq.ft. This was followed by a decrease to Rs 335 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2023, the guideline value increased to Rs 475 per sq.ft, reflecting a rise of 42%.

Overall, from the 2012 revision to the 2023 revision, the guideline value has decreased by 5%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Arungal

Currently, there are no specific village figures available for Arungal. Kamalammal Garden is one of the streets under the Gooduvancheri SRO. Unfortunately, there are no other streets in Arungal provided in the available data.

Stamp duty and registration fee for property in Kamalammal Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 475 per sq.ft, the total guideline value would be Rs 4,75,000. The stamp duty at 7% would amount to Rs 33,250, and the registration fee at 2% would be Rs 9,500, bringing the total fees together to Rs 42,750. It is essential to remember that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Kamalammal Garden?

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

For more information, you can find your SRO.

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

When buying or selling property in Arungal, the guideline value is a critical factor during the registration process. It serves as a basis for calculating stamp duty and registration fees, which are essential costs associated with property transactions.

The guideline value ensures that the property is registered at a fair value, reflecting its worth in the current market. This helps in maintaining transparency and accountability in real estate transactions.

Frequently asked questions

What is the current guideline value of Kamalammal Garden?

The current guideline value of Kamalammal Garden is Rs 475 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

Since the 2012 revision, the guideline value has decreased by 5%. It was Rs 500 per sq.ft in 2012, dropped to Rs 335 per sq.ft in 2017, and then increased to Rs 475 per sq.ft in 2023.

What is the stamp duty rate for properties in Kamalammal Garden?

The stamp duty rate for properties in Kamalammal Garden is 7% of the guideline value or the sale price, whichever is higher.

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.

Are there other streets in Arungal with guideline values?

Currently, there are no other streets in Arungal provided with guideline values in the available data.