Guideline Value for PURVA SOUKHYAM PHASE-C

Purva Soukhyam Phase-C guideline value

The current guideline value of Purva Soukhyam Phase-C is Rs 1,600 per sq.ft. This property is located in Kayirambedu village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - IV.

How the guideline value of Purva Soukhyam Phase-C has changed

The guideline value register for Purva Soukhyam Phase-C has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 1,600 per sq.ft.

Since there have been no figures recorded for the previous revisions, the only applicable value is the current one from 2024. Therefore, there are no changes between the revisions above.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,550 per sq.ft. The median value for these streets is Rs 700 per sq.ft, indicating that Purva Soukhyam Phase-C's 2024 figure is above this median.

• Purva Soukhyam Phase-M: Rs 1,600 per sq.ft (2024)
• Pugazh Avenue: Rs 700 per sq.ft (2024)
• Ragavendra Nagar: Rs 700 per sq.ft (2024)
• P R Avenue: Rs 1,500 per sq.ft (2024)
• Pragathi Enclave Phase 2: Rs 700 per sq.ft (2024)
• Pragathi Enclave Phase 1: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Purva Soukhyam Phase-C

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, totaling Rs 1,44,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Purva Soukhyam Phase-C?

The Sub Registrar Office that covers Purva Soukhyam Phase-C is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Kayirambedu. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate 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 Purva Soukhyam Phase-C?

The current guideline value of Purva Soukhyam Phase-C is Rs 1,600 per sq.ft, effective from 1 July 2024.

What is the land classification for Purva Soukhyam Phase-C?

Purva Soukhyam Phase-C is classified as Residential Special Type - IV, which is a designation for residential properties in the area.

How has the guideline value changed over the years?

There have been no recorded figures for Purva Soukhyam Phase-C in the years 2002, 2003, 2007, 2012, 2017, and 2023. The only applicable figure is from the 2024 revision, which is Rs 1,600 per sq.ft.

What are the stamp duty and registration fees for properties in Purva Soukhyam Phase-C?

For a property valued at Rs 16,00,000, the stamp duty would be Rs 1,12,000 and the registration fee would be Rs 32,000, totaling Rs 1,44,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers the property in Purva Soukhyam Phase-C?

The Chengleput Joint II Sub Registrar Office covers Purva Soukhyam Phase-C, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.